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...
Policies
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...
How To Stop Our Runaway Spending
Conservatives from key states recently voted for subsidies to sugar farmers. Realtors demand mortgage subsidies despite the disaster of the housing finance bubble. Food Stamps are advertised on TV as a “benefit” that you don’t want to miss, and now an astounding one...
The Greecehopper and the Ants
For those of a certain age, this Disney video will be familiar. https://www.youtube.com/watch?v=wM1DgihKHVI. Please give it a watch. For an individual, household, city, or sovereign nation, it really is not much more complicated than this. With so much practical good...
Prohibition Created Criminals and Cost Tax Revenue. So Does The War on Drugs.
The effects of drugs and alcohol can be devastating. In an earlier post (May 18, 2011) we made the case for legalizing drugs as the least bad of all the bad options. If one could purchase drugs like one does alcohol, then all the crime and violence required to...
The President’s Credit Rating
The President is out on the campaign trail taking credit for the late, slow, economic recovery that we are finally experiencing. It’s like a delivery room doctor claiming that without him or her, there could be no baby. In fact, to add some extra hyperbole, it’s even...
The Morning After Pill for Obamacare
I’m not sure how the Catholic Church’s revolt against its principles being trampled by the central government will play out. But here is a reflection. As simply as I can understand it, Obama’s first position was: Here is what you have to do, whether you like it or...
Economic Democracy
Any method of allocating resources other than the free market price system ultimately leads to tyranny. Yet the Occupy Wall Street Non-Leaders, presumably opposed to tyranny, have said many times that they want a “democratic economy”. There simply is no such thing....
Size Matters
I believe that many of our worst and very real problems are caused by the size of government, some businesses and some unions—they are all too big. Economies of Scale make sense, to a point. But Too Big to Fail, or close to it, makes no sense. Because then the...
Tinkering With Business
When I was a graduate student in London right after the earth cooled, 1968-1970, Harold Wilson was the Prime Minister, and Keynesian Economics ruled his Labor Party from Cambridge. At London School of Economics the teaching was more ChicagoSchool, so our professors...
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