How Did Paul Krugman Get it So Wrong? by John Cochrane
Krugman wants people to swallow his arguments whole from his authority, without demanding logic, or evidence. Those who disagree with him, alas, are pretty smart and have pretty good arguments if you bother to read them. So, he tries to discredit them with personal attacks.
This is the political sphere, not the intellectual one. Don’t argue with them, swift-boat them. Find some embarrassing quote from an old interview. Well, good luck, Paul. Let’s just not pretend this has anything to do with economics, or actual truth about how the world works or could be made a better place.
Solyndra: Three Lessons by Reince Priebus
Failing companies propped up by a careless administration in a politically motivated attempt at top-down job creation will never be the driving force of the American economy. But President Obama does not seem to appreciate that.
Free enterprise, that renewable resource that requires no government handout, is the true engine of job creation. It is also the target of Obama’s latest political attacks.
Rules for America’s Road to Recovery by John Taylor
Hayek added, “Stripped of all technicalities, this means that government in all its actions is bound by rules fixed and announced beforehand—rules which make it possible to foresee with fair certainty how the authority will use its coercive powers in given circumstances and to plan one’s individual affairs on the basis of this knowledge.”
Those Sneaky Canadians Are Overtaking the United States by Dan Mitchel
The most dramatic cuts were to corporate taxes. The federal corporate tax rate was cut from 29 percent in 2000 to 15 percent in 2012. Most provinces also trimmed their corporate taxes, so that the overall average rate in Canada is just 27 percent today. By contrast, the average U.S. federal-state rate is 40 percent.
Why We Don’t ‘Owe It To Ourselves’ by William Tucker in The American Spectator
The bond market is not an abstraction. It is a group of people who have loaned money to the government. As creditors, they are acutely aware of the unspoken words at the end of “We owe it to ourselves,” which are, “We owe it to ourselves, therefore we really don’t have to worry about paying it back.”