Most people seem to forget that the government cannot give one person money without taking it away from someone else. Politicians seem to forget that they forcibly take money from persons who earned it and give it is someone who did not earn it.
Articles By: James F. Davis
To be able to critically analyze economic probabilities, one needs to know the history of previous similar situations. For the first 125 years of our county we had no Federal Reserve Bank, no permanent personal income tax and no massive government stimulus spending. We also had virtually no inflation and the average economic downturn lasted only 10 months.
As someone who spent the majority of my life as an international bank analyst and executive, I learned that to fix a problem, one needs to understand what caused it.
We have been much too negligent in honoring our incredibly heroic veterans such as Gerald Francis Davis, who risked everything so that the rest of us could have our freedoms.
As the film Inconvenient Truth makes its way around college campuses, our president took in a preview of the movie and gave a review in real time.
In the next couple weeks many students will attend their graduations with proud parents and family members. They are likely to hear a liberal speaker.
The New York Times obituary of our founder, Reed Irvine, contained so many inaccuracies that Accuracy in Academia’s president, James F. Davis, felt compelled to respond.
John Kenneth Galbraith was a leader in American academia in condemning the market economy without ever, it appears, actually having studied it.