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    <title>Wayne Winegarden's Townhall.com Column</title>
    <description>Wayne H. Winegarden Ph.D. is a partner in the firm Arduin, Laffer &amp; Moore Econometrics, a Lecturer in Economics at Marymount University, and a contributor to the website freeenterpriser.com. 

Dr. Winegarden's research examines the impact on industries from current macroeconomic, policy and regulatory trends as well as tailored market and industry analyses; and presents his research findings to clients, conferences, and in the media including Bloomberg News and CNN-fn.  

Previously, Dr. Winegarden worked as an economist in Hong Kong for Philip Morris Asia Ltd where he forecasted economic trends for East-Asian Economies and created economic, fiscal, and pricing models that were leveraged as part of the company's 5-year planning process.  Dr. Winegarden also worked for Philip Morris Companies Inc. in New York City where he was responsible for managing the company's tax and budget analyses and government affairs argumentation.  

Prior thereto, Dr. Winegarden worked for policy and trade associations in Washington D.C. where he authored papers and editorials on timely tax, budget, and regulatory issues and advised association members on the implications from domestic economic trends.

Dr. Winegarden is the author of several policy and academic papers.  He has a Ph.D. in economics from George Mason University.</description>
    <link>http://www.townhall.com/columnists/WayneWinegarden</link>
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      <description>TownHall.com, Where your opinion counts.</description>
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    <copyright>Copyright (c) 2013 Townhall.com, A Salem Communications Web.  ALL RIGHTS RESERVED</copyright>
    <webMaster>jim.dearras@townhall.com (Jim De Arras)</webMaster>
    <pubDate>Sat, 31 Oct 2009 04:00:00 GMT</pubDate>
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      <title>Taxing the Middle Class with Soda Taxes </title>
      <description> Soda taxes are becoming every politicians "go-to" revenue source.  Governor Patterson (D-NY) spearheaded an attempt to implement a tax on soda in New York State earlier this year.  Despite his promise not to raise taxes</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/10/31/taxing_the_middle_class_with_soda_taxes</link>
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      <pubDate>Sat, 31 Oct 2009 04:00:00 GMT</pubDate>
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      <title>The Chicago Way</title>
      <description>You wanna know how to get Capone? They pull a knife, you pull a gun. He sends one of yours to the hospital, you send one of his to the morgue. That's the Chicago way! And that's how you get Capone. Now do you want to do...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/07/18/the_chicago_way</link>
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      <pubDate>Sat, 18 Jul 2009 04:01:00 GMT</pubDate>
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      <title>Obama's Health Care Reform "Paints the Roses Red"</title>
      <description>Painting the roses red; And many a tear we shed; Because we know; They'll cease to grow; In fact, they'll soon be dead; And yet we go ahead.
 [Alice:] Oh, pardon me; But mister three; Why must you paint them...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/06/06/obama's_health_care_reform_"paints_the_roses_red"</link>
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      <pubDate>Sat, 06 Jun 2009 04:01:00 GMT</pubDate>
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    <item>
      <title>The 2009 De-Stimulus Program Risks "A Lost Decade"</title>
      <description>Throughout his first 100 days President Obama has amply demonstrated his fundamental belief that government knows best. His rash and intrusive decisions intended to return the U.S. economy to prosperity illustrate that...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/04/25/the_2009_de-stimulus_program_risks_"a_lost_decade"</link>
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      <pubDate>Sat, 25 Apr 2009 04:01:00 GMT</pubDate>
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    <item>
      <title>Government Spending is Not the Answer</title>
      <description>Lost for what to do, there appears to be only one cure-all the government will consider for the current economic crisis: spend, spend, spend.  First, there was an initial stimulus package pushed by the Bush...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/03/14/government_spending_is_not_the_answer</link>
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      <pubDate>Sat, 14 Mar 2009 04:01:00 GMT</pubDate>
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    <item>
      <title>Fiscal Illusion</title>
      <description>Over 2,400 years ago the famous Greek historian, Herodotus, counseled that "Haste in every business brings failure."  Now in power, President Obama and the democratic Congress are moving with great haste to spend an...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2009/01/24/fiscal_illusion</link>
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      <pubDate>Sat, 24 Jan 2009 05:01:00 GMT</pubDate>
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      <title>The Economic Recession and the Future of CSR</title>
      <description>Perhaps the Corporate Social Responsibility (CSR) movement of the late 1990's and early 2000's was simply a fad - an expendable corporate distraction that companies entertain during fat times.  Now things are different....</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/12/06/the_economic_recession_and_the_future_of_csr</link>
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      <pubDate>Sat, 06 Dec 2008 05:01:00 GMT</pubDate>
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      <title>Lessons from the Housing Bubble</title>
      <description>
Learning from history requires a thoughtful analysis of what actually happened, not endlessly parroting a politically convenient slogan.  The current economic crisis is not a repudiation of free markets, nor is it a...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/10/25/lessons_from_the_housing_bubble</link>
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      <pubDate>Sat, 25 Oct 2008 04:01:00 GMT</pubDate>
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    <item>
      <title>Bailing Out Fannie and Freddie: Short-Term Gain, Long-Term Pain</title>
      <description>Herbert Simon once remarked ""That which cannot continue forever - won't."  If only Secretary Paulson applied that wisdom to Fannie Mae and Freddie Mac (the GSEs).  

The government chartered Fannie Mae in 1938 to...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/09/13/bailing_out_fannie_and_freddie_short-term_gain,_long-term_pain</link>
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      <pubDate>Sat, 13 Sep 2008 04:01:00 GMT</pubDate>
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    <item>
      <title>Rising Oil Prices and Global Warming: Connecting the Facts</title>
      <description>
Gas prices may have retreated from their recent peak, but they are still outrageously high.  More worrisome, current gas affordability levels (perhaps un-affordability level is more apt) may be just the beginning. ...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/08/02/rising_oil_prices_and_global_warming_connecting_the_facts</link>
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      <pubDate>Sat, 02 Aug 2008 04:01:00 GMT</pubDate>
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    <item>
      <title>"Cap and Trade" Fallacies</title>
      <description>
Thankfully, cap and trade - aka the Warner-Lieberman "America's Climate Security Act of 2007" - suffered a quick death in the Senate this year.  Cap and trade is an inferior, anti-growth, environmental policy that...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/06/21/cap_and_trade_fallacies</link>
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      <pubDate>Sat, 21 Jun 2008 04:01:00 GMT</pubDate>
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      <title>Need Growth, Think Global Warming?</title>
      <description>In the "Ship of Fools", Sebastian Brant remarked: "The world wants to be deceived".  We want perfect abs in only "5 minutes a day".  We want fat free ice cream that actually tastes good.  And, in this vein,...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/05/03/need_growth,_think_global_warming</link>
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      <pubDate>Sat, 03 May 2008 04:01:00 GMT</pubDate>
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    <item>
      <title>"Creative Capitalism" or Capitalism's Creativity</title>
      <description>While not as troubled as George Bailey from "It's A Wonderful Life", Bill Gates is clearly in need of Clarence's assistance.  For those who did not catch the movie this past Christmas, Clarence was the angel who...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/02/23/creative_capitalism_or_capitalisms_creativity</link>
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      <pubDate>Sat, 23 Feb 2008 05:01:00 GMT</pubDate>
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    <item>
      <title>CSR and the Democratic Policies of the 2008 Elections</title>
      <description>
Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back.
-- John Maynard Keynes.

Whoever the Democrats choose as their candidate for president,...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2008/01/12/csr_and_the_democratic_policies_of_the_2008_elections</link>
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      <pubDate>Sat, 12 Jan 2008 05:01:00 GMT</pubDate>
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    <item>
      <title>Social Responsibility Activists Do Not Play Fair</title>
      <description>According to the Merriam-Webster dictionary, one of the definitions of fairness is "conforming with the established rules."  Based on this definition of fairness, the actions of Corporate Social Responsibility (CSR)...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/11/23/social_responsibility_activists_do_not_play_fair</link>
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      <pubDate>Sat, 24 Nov 2007 04:03:08 GMT</pubDate>
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    <item>
      <title>The Cost of the Biofuel "Free Lunch"</title>
      <description>Economics teaches us that there is no such thing as a free lunch.  Anyone that tells you differently is probably trying to sell you something.  In this case, the "something being sold" is bio-fuels.

Bio-fuels, the...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/10/13/the_cost_of_the_biofuel_free_lunch</link>
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      <pubDate>Sat, 13 Oct 2007 04:01:00 GMT</pubDate>
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    <item>
      <title>Cap &amp; Trade Regulations Will Create an Energy Supply Shock</title>
      <description>Today Corporate Social Responsibility is synonymous with environmental responsibility.  Environmental responsibility, of course, means that a company accepts that global warming is occurring; man (particularly modern...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/09/01/cap__trade_regulations_will_create_an_energy_supply_shock</link>
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      <pubDate>Sat, 01 Sep 2007 04:01:01 GMT</pubDate>
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      <title>Fighting Global Warming the Liberal Way</title>
      <description>Concerns about global warming, and its potentially devastating impact on the planet, has caught Congress' attention.  Global warming may well be serious, but so are the consequences from combating global warming.  The...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/07/21/fighting_global_warming_the_liberal_way</link>
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      <pubDate>Sat, 21 Jul 2007 04:00:00 GMT</pubDate>
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    <item>
      <title>Economizing Energy: Free Markets or Government Decrees</title>
      <description>In April of this year, the Wall Street Journal ran a front page story on Denmark titled "How Denmark Paved Way To Energy Independence".   The article claims that "Through a wide variety of government-driven initiatives,...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/06/09/economizing_energy_free_markets_or_government_decrees</link>
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      <pubDate>Sat, 09 Jun 2007 04:01:00 GMT</pubDate>
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    <item>
      <title>Cap and Trade: A Bad Trade-off for the Economy and Company Earnings*</title>
      <description>Closing our eyes to the costs of global warming regulations will not make these costs disappear. And yet, the debate on global warming is progressing as if these costs do not exist. For instance, many leaders of the...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/04/21/cap_and_trade_a_bad_trade-off_for_the_economy_and_company_earnings*</link>
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      <pubDate>Sat, 21 Apr 2007 04:01:00 GMT</pubDate>
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    <item>
      <title>CSR and Global Warming Economics</title>
      <description>  Well, either you're closing your eyes 
 To a situation you do now wish to acknowledge 
 Or you are not aware of the caliber of disaster indicated.

 While Harold was talking about the perils of a pool table in Rive</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/03/10/csr_and_global_warming_economics</link>
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      <pubDate>Sat, 10 Mar 2007 05:01:24 GMT</pubDate>
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      <title>Free Markets or "Corporate Social Responsibility"</title>
      <description>Taking a cue from John Lennon, BusinessWeek is imagining "a world in which socially responsible and eco-friendly practices actually boost a company's bottom line." (BusinessWeek: January 29, 2007). The article cites...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2007/01/27/free_markets_or_corporate_social_responsibility</link>
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      <pubDate>Sat, 27 Jan 2007 05:00:57 GMT</pubDate>
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    <item>
      <title>Corporate Social Responsibility is Immoral</title>
      <description> Milton Friedman has been called the most influential economist from the second half of the 20th century.  With his passing this month a great deal has been written regarding what he did and did not achieve.  While Dr. F</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2006/12/02/corporate_social_responsibility_is_immoral</link>
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      <pubDate>Sat, 02 Dec 2006 05:00:01 GMT</pubDate>
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      <title>CSR and the Democratic takeover</title>
      <description> It's official.  Nancy Pelosi is going to be the next Speaker of the House and Harry Reid will be the next Majority Leader of the Senate.  Should the Left consolidate its power past 2008, the future of tax cuts and pro-g</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2006/11/17/csr_and_the_democratic_takeover</link>
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      <pubDate>Fri, 17 Nov 2006 17:07:16 GMT</pubDate>
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      <title>The economics of CSR</title>
      <description>Economics matters; the Corporate Social Responsibility (CSR) movement obscures basic economic principles by redefining the meaning of a private transaction.  Should this redefinition be successful, our economic growth...</description>
      <link>http://www.townhall.com/columnists/WayneWinegarden/2006/09/30/the_economics_of_csr</link>
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      <pubDate>Sat, 30 Sep 2006 04:02:35 GMT</pubDate>
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