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THE LIGHTHOUSE
Weekly E-Mail Newsletter

Latest Edition, Nov. 17:

New Book Examines Vietnam’s Economic Boom

The GOP, Immigration, and the Hispanic Vote

Obama’s Herculean Task

What’s Ahead for Taxpayers?

This Week in The Beacon

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What's New!

•  Alvaro Vargas Llosa: Congo descends into war as world stands by
•  Ivan Eland: Obama will face two wars, struggling economy next year
•  Eco-activists scam university communities, warns Jonathan Bean
•  California's government too big, says William F. Shughart II
•  Government should stay out of banking sector, says Robert Higgs

Anatomy of a Train Wreck:
Causes of the Mortgage Meltdown
by Stan J. Liebowitz
We are experiencing one of the worst financial panics of the post WWII era and the increase in mortgage defaults has been the primary driver for these financial difficulties. But why did the mortgage market melt down so badly? Why were there so many defaults when the economy was not particularly weak? And why weren’t the securities based upon these mortgages considered anywhere as risky as they actually turned out to be?
Read Policy Report
Housing America
Edited by Randall G. Holcombe, Benjamin Powell

The authoritative book on housing costs and availability and the real causes of the mortgage crisis.
Recarving Rushmore
By Ivan Eland
Profiles each U.S. president on the merits of his policies and whether those strategies contributed to peace, prosperity, and liberty.
Vietnam Rising
William Ratliff
As the result of major market-based reforms, Vietnam is experiencing one of the fastest growing economies in all of Southeast Asia, second only to China.
Good Money
George Selgin
This groundbreaking volume about private coinage during Great Britain’s Industrial Revolution refutes the need for government-currency monopolies.
The Founders’ Second Amendment
By Stephen P. Halbrook
The authoritative book on the Founders’ intent on the right to own and bear arms.
Lessons from the Poor
Edited by Alvaro Vargas Llosa
Success stories from Peru to Nigeria of entrepreneurs battling poverty.
The Empire Has No Clothes (Updated Edition)
By Ivan Eland
Empire building is contrary to the principles of both liberals and conservatives.

The Independent Review
Fall 2008
Was Keynes a Liberal? • Property Insurance for Coastal Residents • Institutions and Political Thought in the Polish-Lithuanian Republic • A New Case for Industrial Policy? • Private Equity: Capitalism’s Misunderstood Entrepreneurs • Colonialism or Something Else? Comment and Reply • Caging the Dogs of War
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Commentary
Congo, Death with No Angels (11/19/2008)
Alvaro Vargas Llosa

Déjà vu for California’s Budget, Terminator-Style (11/17/2008)
William F. Shughart II

Why They Quit Being Leftists (11/17/2008)
Carlos Alberto Montaner

Obama’s Challenges Are Unprecedented in U.S. History (11/17/2008)
Ivan Eland

Obamanomics and Tax Relief for the “Middle Class” (11/13/2008)
William F. Shughart II

» More Commentary


THE BEACON
The blog of the Independent Institute

The Green Tree has Red Roots: The Sustainability Scam on Campus (11/18/2008)
Jonathan Bean

Congressional Missed Tackles Cost Taxpayers the Game (11/18/2008)
Robert Higgs

Adrian Rogers on Free Lunches (11/17/2008)
Art Carden

Melancholy Days for Investors (11/17/2008)
Robert Higgs

Onion News Network Satirizes the Bailouts (11/16/2008)
David Theroux

» Go to THE BEACON


Anatomy of a Train Wreck: Causes of the Mortgage Meltdown
(10/3/2008)
Stan J. Liebowitz

Our Own Strength Against Us: The War on Terror as a Self-Inflicted Disaster
(4/4/2008)
Ian S. Lustick

Below-Market Housing Mandates as Takings: Measuring their Impact
(11/9/2007)
Edward J. Lopez, Tom Means, Edward P. Stringham

» More Policy Reports


Lessons from the Poor: The Power of Entrepreneurship
11/13/2008

A Gala for Liberty: The Independent Institute’s Gala Reception and Dinner
9/16/2008

What the Second Amendment Means Today
7/2/2008

» More Events
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