Taming the News

Forty years ago, we all got our news from three TV stations (CBS, ABC and NBC), the same local newspapers, and a small handful of magazines (Time, Newsweek, and U.S. News). A few would supplement their reading with The New York Times or the Wall Street Journal and...

The Forgotten Men

I consider the Progressive evolution in three periods, punctuated by reactions.  The first was from 1900-1920, ending with the landslide election of Warren Harding and Calvin Coolidge.  The second period was from 1930-1980, ending with the landslide election of Ronald...

True Tax Reform

from An Anti-Growth Tax Cut by Kevin Williamson in The National Review In economic terms, there are two things going on with those revenue and deficit numbers. One is the structural issue, i.e., tax policy, spending, etc. The other is the cyclical issue, i.e., the ups...

quotes for today 2017 06 05

political conversations led me to these: “The great enemy of truth is very often not the lie–deliberate, contrived and dishonest–but the myth–persistent, persuasive and unrealistic. Too often we hold fast to the cliches of our forebears. We subject...

The Consequences of Jawboning

Jawboning American industries to comply with political wishes has been with us at least as long as Teddy Roosevelt negotiated an end  to the Pennsylvania coal strikes.  John F Kennedy pressured the steel industry to settle a labor strike. Bailouts and tax payer funded...