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...
Progressives
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....
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...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Eight
8. Repeal Obamacare, start over, and replace it with a grant for individuals and families to shop among healthcare providers, allowing the consumer to choose his or her plan but providing funds for everyone to be covered by a minimum comprehensive plan, if they...
How Public Policy Can Affect Almost Everything
For those of you who have studied F. A. Hayek for years, my recent epiphany (see earlier post) must seem almost laughable. Like a music historian who, after forty years in the field, suddenly discovers Tchaikovsky. Though written almost seventy years ago, The Road to...
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