A Political Lifestyle Choice

From Jonah Goldberg at National Review, Politics Enters the Fast Lane: Two weeks ago, I wrote in this “news”letter about how politics is becoming “lifestyle-ized.” Everyone talks about how everyday life is becoming politicized, but the reverse is true, too. Politics...

Tinkering with a Broken System

from George Will at The Washington Post, Why ‘repeal and replace’ will become ‘tweak and move on’ In 2009, President Barack Obama ignited a debate that has been, for many members of Congress and their constituents, embarrassingly clarifying. Back then, most people...

The Human Chessboard

Adam Smith’s Wealth of Nations with its often misunderstood ‘invisible hand’ was preceded by The Theory of Moral Sentiments, a work many consider more important and should be considered an integral part of Wealth of Nations. This Quotation of the Day from Don Boudreax...

Self Serving ‘Studies’

From Kevin Williamson at National Review, Magical Thinking about Minimum Wages When Economics 101 tells you something you don’t want to hear, the thing to do is to commission a study. As Ronald Coase observed: If you torture the day enough, it will confess to almost...

Thoughts on Health Care

Health care is the epitome of many political solutions where the anointed wish to provide benefits (in exchange for votes) without paying for them. They create Rube Goldberg systems of cross subsidies, mandates, tax benefits and penalties, and regulation to hide the...