“I do not believe that only those who fail to study history are doomed to repeat it. Plenty of people who study history are entirely capable of making the same mistakes as their ancestors, and worse ones, too. “
Read More“Those of you with $1,001 in savings worth have more in the bank than the great majority of all Americans. That is not because Bill Gates and you hoovered all the money up — it is because a great many Americans do not save very much.”
Read MoreCapitalism works best when knowledge and power meet. Government is power without knowledge; regulation strips power from knowledge. It is suspicious when the answer to unfettered capitalism which does not exist is unfettered government which is the greater problem. It is hard to conceive of distant parties with no skin in the game making wiser decisions than people who have to face the consequences of their choices. The problem is political actors who want to dispense benefits without paying for them.
Read MoreThe elite have remained in outrage mode, blaming everything for this upset except their own complicity in marginalizing a very large segment of the nation, first with neglect and then compounded with contempt.
Read More“A relatively small number of high-growth firms has accounted for a very large share of economic growth in the United States in the past several decades. That represents wealth creation, not a wealth transfer.”
Read MoreWhen you rob Peter to pay Paul you can count on Paul’s approval, but you can also count on Peter moving to another more friendly place. When you try to build a wall to keep Peter in, you also discourage Peters from moving here, and you encourage young and enterprising Peters to move away BEFORE they become wealthy enough to be worth robbing.
Warren’s policy is as destructive of our long term financial health as any policy we can imagine.
Read MoreA political party is a coalition of interests designed to convince a majority to trust it enough to let it govern. The Progressive Era in its aim to neuter the constitutional speed bumps to majoritarian democracy pushed for democratic primaries. Initially the parties retained some ideological commitment, but in the age of instant outrage media, they have descended into tribal warfare where emotions rule over ideas. The two sides do not share common information or common narratives that define us as a nation. There is no mere disagreement on how we arrive at common goals; we no longer agree on who we are.
Read More“This was the Madisonian insight,” he contends: “that you can make all sorts of promises on a piece of paper, and call it a ‘bill of rights,’ and it’s not worth the paper it’s written on unless you have some means to enforce it. Like any good contract, it’s only worth the enforcement mechanism it stands on.”
Read MoreHalf of Trump’s supporters like his in your face, hit back twice as hard, refusal to be intimidated, trolling, protocol style. The other half fear the poorly thought, lunatic, illiberal, and authoritarian ideas and behavior of the Democrats much more than the ego and unpredictability of Trump. The Kavanaugh hearing was a live rehearsal of how they handle power, like a self righteous mob.
Read MoreThus 1619 Project from the NYT is the opposite of history; it is anti-history. Instead of studying the past to learn about the present, it projects current passions on the past. Confirming events are generalized to be the sole motivation, non confirming events are ignored or minimized as inconsequential.
Read More“..the desire for popularity is the original sin of the American intellectual: When he subordinates his independent mind to the demands of the herd, he ceases to perform any useful function. He abandons culture for Instant Culture, discourse for antidiscourse, and truth-seeking for status-seeking.”
Read More“The best case for capitalism is a case for markets as one crucial set of institutions in a free society deeply rooted in the West’s liberal and pre-liberal soil. It is crucial because at its best it protects every man’s right to the fruits of his labor, encourages virtues crucial to living free, and has proven unbeatably capable of improving everyone’s living standards. But it must remain rooted, because man does not live by bread alone, and because both the market and the larger society depend upon other formative institutions that help us all become better human beings and citizens.”
Read More“But more importantly, when you promise people something you can’t deliver you make them mad when you don’t deliver it. I’m convinced that one of the reasons the Democrats spend their time calling every inconvenient institution and voter racist is that they are embittered by Barack Obama’s spectacular failure to deliver on the promises he made and the even grander promises his biggest fans projected upon him. “
Read MoreIf it had appeared in Breitbart or a similar political tilt, the airwaves would be jammed with condemnations and no apology would suffice. Its proximity in time to the recent shooting at the Chabad in Poway near San Diego would have made it unforgivable. That is how the New York Times treated far less offensive remarks from Republicans; Sarah Palin’s use of the word ‘cross hairs’ in a political speech was enough to blame her for the Gabby Giffords shooting.
Read More“..unity is the mask power wears to justify itself. What liberals are nostalgic for is not unity but the kind of power they had back in the good old days. They can’t say, “Man, I really miss having the kind of power to do what we wanted,” so they gauze it up with false phantasms of national unity lost.”
Read MoreThis tension between the limited government of the constitution and the reach of the current administrative state is in my opinion the heart of the reason for our congressional disfunction, and our national division. Democracy is frustrated by regulations from an administrative state beyond accountability to the voters.
Read MoreWhile the Progressives imbued the administrative state with moral and political authority they overestimated its competence. The second false assumption was that this uber-qualified elite would be capable of managing a complex society while trying to fulfill and endless list of social objectives.
Read More“I am grateful to the men and women of our military for their service, but armies are only expedients, necessary evils. They should be kept out of sight for the same reason I keep the guns out of sight in my home. A military parade does not display greatness—it displays power. And that may be where I most part company with our new nationalists. “
Read More“The Bill of Rights shelters certain fundamental rights from democratic passion — no matter how terrified, how angry, how sanctimonious, how self-righteous the demos and the demagogues may be.”
Read More“Most voters, admirably or not, do not always believe that their president must be morally perfect to do good, but only that, in practical terms, he must at least appear better than the alternative. “
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