This week on Uncommon Knowledge, a conversation with author and historian Amity Shlaes on her new book, Great Society: A New History.
On July 29, 1981, barely six months into his presidency and in the face of an economic crisis of historic proportions, Ronald Reagan succeeded in persuading both houses of Congress to pass dramatic tax cuts that set the stage for nearly three decades of vigorous economic growth...
The decades of the 1980s and 1990s seem to offer two different fiscal models for promoting economic growth. The 1980s under President Reagan suggest that cutting taxes is more important than balancing the budget. The 1990s under President Clinton suggest the importance of balancing the budget with moderate tax increases. Yet the results in each decade were similar: sustained economic growth. President George W. Bush has clearly been following the Reagan model in his first term: enacting large tax cuts even as the federal budget approaches record deficits. But has the Bush team taken the correct lessons from our recent economic past? Do the Bush policies promote long-term growth or jeopardize it?
What happens when South Korean students take a close look at American democracy. By Peter Berkowitz.
Peter Berkowitz on God and Gold: Britain, America, and the Making of the Modern World by Walter Russell Mead
With Architects of Ruin, Peter Schweizer again delivers a knockout punch of a book that is the must read of the season for conservatives and should be a main topic of conversation for conservative media. . . .
The President should take a page from Francois Mitterand. . . .
Douglas Irwin, professor of economics at Dartmouth College, explains and defends free trade.
Understanding the Federal Budget and Moving toward Economic Prosperity.
Economist John Taylor discusses the causes of today’s financial crisis — which he labels the most “unusual” crisis since the Great Depression...
Paul Rahe, a professor at Hillsdale College, believes the country is going to hell in a hand basket. . . .
Economics professor Allan Meltzer once said, "Capitalism without failure is like religion without sin."...
President Obama, the press, all the Democrats and a fair number of the Republicans in Congress share the same assumption about health care...
At the "tea party protests" that took place on Wednesday, hundreds of thousands of Americans took to the streets and asserted an outrageous claim...
Thomas Sowell analyzes the recent housing boom and bust, beginning with the underlying economic causes that artificially inflated housing costs in certain markets.
This past week, New York Times columnist David Brooks climbed unwittingly into the ring to go a couple of rounds with Milton Friedman--or rather, since Friedman died just over two years ago, with the ghost of Milton Friedman...
Lower taxes and reduced regulations…is President Trump using the Libertarian playbook?
How the Trump administration can shield and spur American innovation.
A special one-on-one interview with Vice President Mike Pence.
The media’s treatment of Donald Trump.