This column by ACRU Policy Board Member and Professor of Economics Dr. Walter E. Williams was published March 12, 2014 on Townhall.com.

What kind of rules should govern our lives? I’d argue that the best rules are those that we’d be satisfied with if our very worst enemy were in charge of decision-making. The foundation for such rules was laid out by my mother. Let’s look at it.

My mother worked as a domestic servant. That meant that my younger sister and I often lunched at home by ourselves during our preteen years. Being bigger and stronger than my sister, I seldom divided the food […]

This column by ACRU General Counsel Peter Ferrara was published on March 12, 2014 on The American Spectator website.

On economic policy, President Obama has consistently and thoroughly followed just the opposite of everything Reagan did. And that is why he has consistently and thoroughly gotten the opposite of Reagan’s results.

Reagan slashed tax rates, with the top income tax rate reduced from 70% when he entered office to 28% when he left. (Federal tax revenues doubled during the 1980s.) Early in his first year, Reagan led Congress to cut federal spending by nearly 5%. Early in his first year, Obama […]

This column by ACRU Senior Fellow Robert Knight was published March 7, 2014 on The Washington Times website.

The Federal Transit Administration (FTA) says in a new report that the light-rail “Purple Line” expanding Washington, D.C.’s rail system further into the Maryland suburbs will cost $1 billion more than originally estimated.

Well, of course it will. Only suckers believe in initial estimates on any government project.

Remember the Big Dig? The Central Artery/Tunnel Project in Boston, on which construction began in 1991, was supposed to be completed in 1998 at a cost of $2.6 billion.

The price tag ballooned to a shocking $15 […]

This column by ACRU General Counsel Peter Ferrara was published on March 10, 2014 on Forbes.com.

In promoting his economic program in the early 1960s, President Kennedy told the American people,

“It is a paradoxical truth that tax rates are too high today, and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the tax rates….[A]n economy constrained by high tax rates will never produce enough revenue to balance the budget, just as it will never create enough jobs or enough profits.”

Kennedy added,

“Our true choice is not between tax reduction, […]

This column by ACRU General Counsel Peter Ferrara was published on February 19, 2014 on The American Spectator website.

Personal matters have led me to spend more time in Southern California recently. There my eyes have been opened to new developing trends in American culture with political implications.

On my last trip a few weeks ago, I discovered that California Hispanics, who have effectively been convinced that Barack Obama is America’s first Hispanic President, have been telling their fellow citizens that Obamacare is the greatest thing that has happened to them in a long time. That is because Obamacare enabled the poor for the first […]