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?

Peter Berkowitz on God and Gold: Britain, America, and the Making of the Modern World by Walter Russell Mead

The President should take a page from Francois Mitterand. . . .

Understanding the Federal Budget and Moving toward Economic Prosperity.

Paul Rahe, a professor at Hillsdale College, believes the country is going to hell in a hand basket. . . .

President Obama, the press, all the Democrats and a fair number of the Republicans in Congress share the same assumption about health care...

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...

AUDIO ONLY

As the United States and the world embark on fraught conversations about race, history, law enforcement, and the underpinnings of our very civilization, Ayaan Hirsi Ali joins Peter Robinson for an enlightening conversation.