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,...
Debt
Starve The Federal Beast
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,...
How Do You Say Black Swan in Mandarin?
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...
Better Ideas for the Economy
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...
I Hear Flapping
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...
The Next Black Swan
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...
Will We Follow Europe Into the Abyss or Pull Back?
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...
Bond Servants
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...
I Wish
I wish that Mitt Romney were not a Mormon. I don’t agree with a lot of his faith’s teaching, but every Mormon I’ve known has been a servant-leader, committed to family, decency, and individual liberty. So given all that I will point out below, that is the least...
How Will the President Grow the Economy from the Bottom Up?
President Obama has recently said that he wants to grow our economy from the “Bottom Up”. But exactly what does he mean, and how does that work? I suppose that he could be promoting the Keynesian saw of giving free money to people who don’t pay income taxes at the...
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