The Point of an Economy

From Deirdre McCloskey in Reason Magazine, The Myth of Technological Unemployment When a Ford plant installed robots, Walter Reuther, a long-ago president of the United Auto Workers union, is said to have asked a manager: “How are you going to get them to buy...

Government Chemotherapy

From George Mellaon at the WSJ, Rewriting the Economic Rules: The point, for Mr. Reich, is a familiar one: We are ruled by big business. The granule of truth in that claim has sustained progressive politics for decades, harking back to the early 20th century, when...

Small Man’s Sin

Kevin Williamson writes in The National Review, The Age of Envy: Excerpts: Wrath and pride are the sins of great (but not good) men. Envy is the affliction of the insignificant. It is the small man’s sin. Which brings us to Robert Reich, who, having practically made a...

Trickle Down Damage

Robert Reich on Bill Maher’s Real Time spoke of the super rich and noted that the top 25 hedge fund managers each made a billion dollars in a single year, and then used that as a reason that the top 2% should pay more taxes.  It is this lack of precision that taints...

Does a Fish Know He’s Wet?

When Charlie Gibson with ABC News acted ignorant of the booming ACORN corruption story while it was breaking, the pundits on the right were stunned that a major new anchor could be so insulated that he could miss such a story. The rumors of John Edward’s...