Posts Tagged ‘government failure’

Gary Becker: The Great Recession and Government Failure


Friday September 2nd, 2011   •   Posted by Emily Skarbek at 8:45am PDT   •   1 Comment

Gary Becker, University of Chicago Nobel Laureate in economics, has a must read article in today’s Wall Street Journal. The article echos much of what we here at MGC have been arguing – government failure as a cause of the recession, failure of stimulus and monetary policy to boost economic recovery, the necessity of…
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Public School Spending Like There’s No Tomorrow


Monday September 6th, 2010   •   Posted by Mary Theroux at 7:18pm PDT   •   0 Comments

The failed and bankrupt Los Angeles public school district is spending money like there’s no tomorrow—which for the students it’s failing to educate is unfortunately true. The school district, currently running a $640 million deficit, is spending $578 million—about $140,000 per student—on a new, 24-acre school in the middle of Los Angeles. At the…
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