image_pdfimage_print

Historical Regression

Any society that entails the strengthening of the state apparatus by giving it unchecked control over the economy, and re-unites the polity and the economy, is in historical regression. In it there is no more future for the public, or for the freedoms it supported,...

Folly and Presumption

The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted to no council and senate whatever, and...

Why Inequality is Getting Worse

From George Will at National Review, A Philosopher Takes On the Left’s Obsession with Income Inequality First, the entitlement state exists primarily to transfer wealth regressively, from the working-age population to the retired elderly who, after a lifetime of...

A Change in Consumer Patterns

from the New York Times, Stores Suffer From a Shift of Behavior in Buyers by Hiroko Tabuchi excerpts: Data released by the Commerce Department shows that American consumers are putting what little extra money they do have to spend each month into eating out, upgrading...

The New Migration

from Joel Kotkin in New Geography, The Changing Geography of Racial Opportunity: Excerpt: Perhaps the greatest irony in our findings is the location of many of the best cities for minorities: the South. This is particularly true for African-Americans who once flocked...

Economic Growth and the Ruling Class

In our present “age of elites,” as author Chrystia Freeland has dubbed it, this ideological shift among the rich, particularly the new rich, is critical to understanding the new class order. Some of the nation’s wealthiest regions, many of which were once Republican...