How Government Policy Impacts Our Lives

I’ve Read Good Essays, but This May Be the Bastiat

Thanks to a personal introduction from Gene Tullio (https://facebook.com/gtullio1), I’ve discovered the French economic philosopher Frederic Bastiat and his great work, The Law, originally published in 1850. As with my late-in-life reading of F. A. Hayek, I am embarrassed that I had never heard of Bastiat, and embarrassed that no one that I can recall either at UNC or LSE ever mentioned either man while I was earning two degrees. Anyway, Bastiat has it right on the profound connection between...

The Addictors: How Much Pain?

I am wrestling with and may change my position on legalizing drugs, which I never would have imagined just a few years ago.  Let me explain. Addictions, when acted upon, usually hurt people, cost a lot, and destroy relationships. The worst addictors today appear to be drugs, alcohol, pornography, and gambling. For different people each of these can be debilitating and destructive.  The addict knows it.  But he or she goes ahead anyway—that is the definition of an addiction—unless transformed...

The Time Bomb of a Nation without Fathers

Over the last several years I’ve worried about the underappreciated critical value of fathers to families, but a recent experience has multiplied that concern exponentially. Up until now I’ve been concerned about two situations: 1. In societies where multiple current wives are permitted, the problem is the competition between the children of the various wives, all vying for the attention and approval of the aloof father. Some are pegged as winners in this contest, and others as losers. In our...

Tax Leadership Begins at Homes

My career focus has been on commercial real estate for almost forty years, and I am therefore tangentially interested in the housing market—and I also own a home with a mortgage. I must be missing something about the home mortgage interest deduction (MID). Real estate people are supposed to stand for free enterprise, individual initiative, and fair dealing. How does a vested-interest tax break help further those ideals? I’m disappointed in our industry’s business-as-usual reaction to the...

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