Material rights to products and service that must be provided and paid for by others is inevitably oppressive and usually counterproductive. The secret to Hong Kong’s miraculous growth was the priority of economic growth over social spending. The economic growth provided the means for greater social spending. Over time if you give priority to growth over social spending you will end up with more of both, and a healthier and more sustainable economy.
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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
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Comments on the disastrous health care roll out. Delaying from Behind by James Taranto at the WSJ Our younger readers–those who were born yesterday–may not remember when delaying ObamaCare was considered a wild idea, its exponents limited to crazy right-wing terrorists. Times have
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From James Taranto’s Best of the Web in The Wall Street Journal, The Young and the Clueless; The trouble is that loss aversion also militates against buying insurance. Especially if you don’t make a lot of money–and many young people don’t–writing that
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In James Taranto’s Best of the Web in Today’s Wall Street Journal online (7/22/11) Consider the two most controversial legislative initiatives of George W. Bush’s first half-term: the 2001 tax cut and the 2002 authorization to use military force against
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