Classical liberals and libertarians, especially those who admire the works of the famous legal theorists and economist F.A. Hayek, are fond of pointing out that a free society requires the rule of law...
In America we have what’s called a republic. . . .
There’s a debate going on in the punditsphere about whether America is ungovernable. . . .
One of the depressing parts of the New Deal was its willingness to help big labor and big business, a classic case of the seen and the unseen...
When I first took economics, I learned from my textbook (Samuelson) the fallacy of post hoc, ergo propter hoc...
At Big Think, they used one of my questions in their interview with Barney Frank: Question: How can Fannie and Freddie be structured to avoid the moral hazard problem and a too-cozy relationship with regulators? . . .
It has nothing to do with the bloated budget, the payoffs to political friends like the unions in bailing out Detroit and exempting them from health care taxes, the rising debt, the coddling of Wall Street, the stimulus package that didn’t stimulate, the grandiosity of redesigning the health care system and the energy sector. . . .
These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. . . .
Two centuries ago, when there were plans to create a huge fund of money to pay off Britain's national debt...
The roots of conservatism go back to philosophers of the 17 and 18th centuries, such as John Locke, David Hume, and Adam Smith...
For an economist, these are the best of times and the worst of times. . . .
To succeed in the war on terror, Philip Bobbitt insists, the West needs an entirely new conceptual framework.
By Peter Robinson.
A decent education doesn’t merely confer good grades. It confers the ability to understand complex social issues—the health care battle, for instance. By Chester E. Finn Jr.
A recession is a terrible time to make major changes in the economic rules of the game. . . .
Paul Ryan is a straight shooter, and health care is his target. An interview with Peter Robinson.
If a CEO issued the kind of distorted figures put out by politicians and scientists, he'd wind up in prison. . . .
Debt-to-GDP ratios over 90% have significant impact on the pace of economic growth. . . .
What did the midterm elections prove? That Americans yearn for enduring principles—and dislike being pushed around. By Peter Berkowitz.
Clarity of purpose is only half of a winning political strategy. The other half involves a clear understanding of the possible. By Peter Berkowitz.
The Nobel economist says the health-care bill will cause serious damage, but that the American people can be trusted to vote for limited government in November. . . .