Deep vs. Shallow Regime Change in Politics, Money, and Schooling

America’s Declaration of Independence demanded radical political change but also reminded rebels that the virtue of “prudence will dictate that Governments long established should not be changed for light and transient causes.”

Anti-Capitalists Bark Up The Wrong Tree

Capitalism is a system of freedom where the government’s only role is to protect the rights of individuals.

The Fed’s Fatal Conceit

In my experience, the Federal Reserve is guilty of what F. A. Hayek (1989) called “‘the fatal conceit”–that is, the belief that smart people can do the impossible. I don’t care how smart you are or how great your mathematical models are, you cannot coordinate the economic activity of seven billion people on this planet.

Culture >

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Politics >

Wisconsin's Paul Ryan Takes on the Welfare State

Of all the new faces in the new House of Representatives, the only one — so far — to not speak the Republican dialect of “Washingtonspeak” is Paul Ryan, of Wisconsin. Ryan has been in Congress for a decade, but he’s about to become a lot more influential. Ryan…

America's Last Chance

As expected, Republicans now have more control of the government than before. Their gains in the House of Representatives, at least, are substantial. The more important news is that some Republicans actually do appear to stand for something different from Democrats,…

Obama Too Idelological?

Some people blame Obama’s failures on being “too ideological.” This is equivalent to saying: “Obama is failing because he has ideas.” Ridiculous. Nobody in politics — or anything else — fails for having ideas. People fail for…

Ideas Have Consequences

Ron Radosh wrote in PJM an article entitled “The Disappearance of The Emerging Democratic Majority.” Having outlined a number of facts that show the falseness of the view that America now constitutes a Democratic majority and that the GOP has been…

Send Them Home

Reality: Unemployment has gone up 2 percent since Obama came to office. All of his economic proposals passed Congress. Democrats’ response: It’s all Bush’s fault. The economy is so bad that even Obama cannot save it. Bush destroyed everything. Still,…

World >

Sweden’s Government Health Care

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Government health care advocates used to sing the praises of Britain’s National Health Service (NHS). That’s until its poor delivery of health care services became known. A recent study by David Green and Laura Casper, “Delay, Denial and…

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Markets: Business & Economics >

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