Several months ago this post began as research for what I hope will be a fifth novel. The action in that story will take place in the near future, when the negative effects of a National Debt “death spiral” begin to impact everyday families and businesses. I wish the...
We are collectively dealing with too many unnecessary social disasters. Henry Hazlitt called these disasters the inevitable result of focusing on the immediate and the isolated, rather than on the long term and the whole. Others call them unintended consequences....
I’ve just finished Taylor Branch’s book The Clinton Tapes: Wrestling History with The President. Branch, the Pulitzer Prize-winning author of the King Years Trilogy, finished the book in 2009. It contains 667 pages of intimate details taken from seventy-nine secret,...
The Federal Government is way too big, it doesn’t always work well, it impacts us far too much, and yet it continues to grow and to get worse. Our Christian faith and our nation’s founding principles focus on individual freedoms and decisions—to choose Christ or not,...
Michael Schuman’s reminder in a recent BusinessWeek article is one of the clearest high level observations I’ve read on the perverse and unpredictable nature of too much debt in the short run, never mind the long term requirement to repay it; he focuses on the...
Most Western countries are experiencing a revolt against the intellectual and political elites who have governed nations, the media, academia and central banks for as long as most adults can remember. While the country-specific details vary slightly, the common wisdom...
By definition, we are not supposed to be able to predict Black Swan events before they occur, but I hear a lot of flapping, and it’s getting louder. If you’re interested in the future of our economy, please read Mervyn King’s new book The End of Alchemy. Lord King was...
It has now been almost seven years since the world went through its last financial meltdown, or Black Swan, and from sixty-eight years of personal observation, it’s about time for another one, because they always eventually happen, no matter what the elites and the...
If you were in a line of fast moving cars running in and out of fog and suddenly the fog parted and you could see that the bridge ahead had just collapsed, and that cars were falling into the deep canyon, would you continue to speed forward because you enjoy how your...
In The President, which I wrote eighteen years ago, there is an African-American pastor who laments how the federal government has become the world’s largest plantation, keeping Black Americans down. Now, sadly, all Americans of every color are being driven to lives...
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