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Koch Derangement Syndrome

From James Taranto at the Wall Street Journal, Speak of the Devil: On the ridiculous side, the Washington Free Beacon reports on an anti-Koch protest over the weekend staged by a pair of unions, the New York State Nurses Association and the Service Employees...

Funding the Enemy

“The alliances and relationships formed between public officials and private interests may at first seem counter-intuitive. A company may give more campaign money to a potentially hostile legislator than to a friendly one, in order to forestall trouble. For example,...

Random Thoughts 10.09.2011

Preaching that this is not class warfare generally precedes a volley in the self destructive attacks on the wealthy.  It is like the shyster who precedes a dishonest act with “trust me.” There was some news of some of the protesters on Wall Street being paid to...

The Economic Tooth Fairy

There are three rules often missing in economic analysis. What works in one quantity does not necessarily work in another quantity. What worked in one time period may not work in another time period. What works in the short term may not work in the long term. The...

The Difference Between Rights and Markets

When the Constitution was written and adopted it carefully balanced the need for a strong central government with the need to restrict the power of the central government.  It’s genius is in striking that balance. Rights were addressed in the form of protection of...