by Henry Oliner | May 21, 2020 | Business, Economy
The sharp rebound of the stock market has been as surprising as the sharp selloff in March. Unemployment has reached levels unseen since the Great Depression of 1929; production has dropped 40% and M2 money creation is up 25%, all in the space of only a few months....
by Henry Oliner | May 20, 2020 | Media
I have often quoted Peggy Noonan’s observation in her book Patriotic Grace of the great media shift. In the days before cable and internet we had fewer sources, but we all read the same news, heard the same stories and generally with the same frequency; a story did...
by Henry Oliner | May 13, 2020 | Politics, Progressivism
Historically Progressivism appears as an evolution of populism from the late 19th Century, but even though it sought many of the same ends progressivism used entirely different means, establishing a government by the elite manage populist goals. Hofstadter considers...
by Henry Oliner | May 12, 2020 | Politics, Progressivism
From The Left Side of History by Allen Guelzo in The Claremont Review of Books: It was precisely the wide overlap in assumptions shared by Progressivism and its subsequent historians which blinded so many of them to Progressivism’s most fundamental premise, and turned...
by Henry Oliner | May 11, 2020 | Politics, Progressivism
The danger for a Western democracy like the United States is not that we will become a Soviet style tyranny; we will not. Instead the danger is that we will lose faith in the civic institutions of democratic liberty, and prefer in their stead the easy answers of the...
