Economic ignorance and union influence will force Scranton, Pennsylvania, into Chapter 9 bankruptcy. 

The Heritage Foundation tracks the continuing decline in economic freedom of the United States, placing it now just behind Estonia and just ahead of Bahrain.

Today is our lucky day, the day each year my wife and I get to be on the receiving end of multiple doses of federal welfare — for our overnight Amtrak excursion from Lorton, Virginia (near Washington, D.C.), to Sanford, Florida (near Orlando).

 

The free market continues to stay at least one step ahead of the regulators, this time with incandescent light bulbs.

President Obama has given the CFR a clean sweep of the new appointments to the Federal Reserve, with his naming of Janet Yellen, Stanley Fischer, Lael Brainard and Jerome Powell.

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