This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published November 23, 2011 on Townhall.com.

Thomas Edison invented the incandescent bulb, the phonograph, the DC motor and other items in everyday use and became wealthy by doing so. Thomas Watson founded IBM and became rich through his company’s contribution to the computation revolution. Lloyd Conover, while in the employ of Pfizer, created the antibiotic tetracycline. Though Edison, Watson, Conover and Pfizer became wealthy, whatever wealth they received pales in comparison with the extraordinary benefits received by ordinary people. Billions of people benefited from safe and […]

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published November 17, 2011 on Forbes.com.

The history of America’s recessions is provided at the website of the National Bureau of Economic Research (NBER). Before this last recession, since the Great Depression recessions in America have lasted an average of 10 months, with the longest previously lasting 16 months. Yet here we are 47 months after the last recession started, and we still have no real recovery.

Instead, unemployment has been stuck at 9% or above for the longest […]

This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published November 16, 2011 on Townhall.com.

According to CBS News, “the number of people in the U.S. living in poverty in 2010 rose for the fourth year in a row, representing the largest number of Americans in poverty in the 52 years since such estimates have been published by the U.S. Census Bureau.” MSNBC said, “The U.S. poverty rate remains among the highest in the developed world.” Let’s look at a few poverty facts.

Heritage Foundation researchers Dr. Robert Rector and Rachel Sheffield laid out […]

This column by ACRU Senior Legal Analyst Ken Klukowski was published Novembr 14, 2011 on The Washington Examiner website.

So, the Supreme Court will decide Obamacare’s fate. After two years of political and legal battles, our highest court will decide whether to strike down all or part of Obamacare, or whether the federal government can claim unlimited power over each of our lives.

On Nov. 14, the Supreme Court granted review (called “certiorari” or “cert”) of several petitions arising from the Obamcare mega-case from Florida. This lawsuit was brought by 26 states and the National Federation of Independent Business (NFIB). The case has been renamed […]

This column by ACRU Senior Fellow Robert Knight was published November 10, 2011 on The Washington Times website.

Tuesday’s off-year elections revealed a truth well known in sports that also applies to politics: The side that’s more energized wins. In Virginia, an energized Republican Party apparently gained a tie in the Senate, giving the GOP control of all three branches – governor, House and Senate – for the first time since Reconstruction. A recount could reverse it, but right now, Lt. Gov. Bill Bolling’s Senate vote would be the 20-20 tie breaker. This was no small feat, given the gerrymandering by the […]

This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published November 10, 2011 on Forbes.com.

At the October 11 GOP Presidential primary debate on Bloomberg TV, Karen Tumulty of the Washington Post asked candidate Michelle Bachmann if Wall Street bankers had been adequately punished for “the damage they did to the economy.” In reply, Bachmann schooled the uninformed Tumulty, saying,

If you look at the problem with the economic meltdown, you can trace it right back to the federal government. It was the federal government that pushed the […]