evolving democratic capitalism
societal values
fiscal responsibility
growth of government
rule of law
December 8, 2010 | Arena (Politico)

Obama: George W. Bush's third term?

This is no total vindication of George W. Bush but rather further proof that the world is a tough place to change overnight...
December 7, 2010 | Arena (Politico)

Was Dick Cheney right that "deficits don't matter"?

Economists recognize that the accounting that produces the $900 billion is flawed and overstates the true amount...
December 6, 2010 | Becker-Posner Blog

The Sluggish US Employment Picture

Forecasters got a shock on Friday with the release of preliminary data that indicated the unemployment rate rose a little from 9.6% to 9.8% in November rather than remaining stable or even falling a little...
December 6, 2010 | Corner (National Review Online)

An Existential Dilemma

Unemployment is at 9.8 percent, and the figure is even higher when the long-term unemployed and dispirited are added in. What does President Obama do now...?
December 6, 2010 |

Bowles & Simpson succeeded

I think commission Chairman Erskine Bowles, a moderate Democrat former White House chief of staff to President Clinton, and Co-chairman Alan Simpson, a former Republican Senator from Wyoming, succeeded. Here is the final tally of support...
December 1, 2010 | Economics One

Toward Price Stability Within a Framework of Economic Stability

Today Congressman Paul Ryan and I published an article explaining the rationale for a reform of the Federal Reserve Act to establish a single “goal of long-term price stability within a framework of economic stability, including clear reporting and accountability requirements...”
November 25, 2010 | Advancing a Free Society

A Tax-Heavy Social Security Plan

This past week, the Bipartisan Policy Center unveiled its Social Security reform proposal. The proposal is a serious, constructive plan backed up by an impressive amount of analysis and documentation...
November 24, 2010 | Works and Days

Reflections On An Ailing Society

Buffettism...Korea as the Proverbial Deranged Neighbor...Airport Security...A Funny Sort of Morality...The Cuts to Come...
November 23, 2010 | Free Exchange (The Economist)

Thoughts on QE2

A LOT has been written recently, pro and con, about the Fed’s new round of quantitative easing, dubbed QE2. But, frankly, much of the discussion on both sides lacks a coherent analytical framework for thinking about the key issues. I try here to provide such a framework...
November 23, 2010 | Blogs

Government By Waiver: The Breakdown Of Public Administration

Without major steps to overhaul or repeal ObamaCare, government by waiver will become standard operating procedure to the detriment of us all...