“A president shouting that 52 senators and millions of Americans are racist unless he gets whatever he wants is proving exactly why the Framers built the Senate to check his power”Read More
We need to realize that crisis are inevitable. Ideologues will debate causes long after they pass, but it does not matter if the cause is excessive individualism, unfettered free markets, limited government, excessive government, globalism, the administrative state, or utopian socialism. Any theory of human action in a complex interrelated world will fail occasionally; but we fail a critical test when we equate the ‘failings’ of an ideology with the ‘failure’ of an ideology. To understand our beliefs we need to know their limits.Read More
The regulatory burden rarely get the coverage of tax policy because it is complicated, hard to measure and reporters are lazy- yet the combination is the total friction cost on business. Increasing the regulatory burden while stimulating the money supply may be the simplest and best definition of stagflation.Read More
“Neither the inflation of the 1970s nor the transformation of America’s industrial heartland into its Rust Belt was inevitable, she argues. Both were direct, foreseeable consequences of short-sighted choices: demanding that monetary policy accommodate irresponsible fiscal policy, and labor and management agreeing to enrich one another by fleecing customers and shareholders ever more brazenly.”Read More
“So critical race theory, protesting the old injustice, embraces its lie. This is not progress but revenge. The motive is not justice but payback, lex talionis—an understandable, if Balkan, impulse. Beware a hedgehog claiming the immunities of an innocent victim. Beware when victimhood is his One Big Thing.”Read More
When you have delegitimized the opposition so severely, and when you are think your power is permanent you create powers that will easily be used against you. Burning the Reichstag was not an act of fascism, the reaction of squelching freedom of the press and other civil liberties clearly was.Read More
I lament the subversion of ideas and policy to the passions of the electorate, but it is hard to escape that reality. The more distant we get from our founding principles, both chronologically and intellectually, the more divisive we become. When you do not know what you believe everything becomes an argument. Without the unity of commonly held ideas we descend into the combat zone of identity politics.Read More
The mark of an intelligent mind is to hold two conflicting thoughts in your head at the same time. The voters said that character matters but not at all costs. They rejected Trump’s character but also rejected the extreme policy elements of his opposition. It became possible to reject Trump and still reject the woke zealotry of the left. A vote against Trump was not a vote for socialistic policies, defunding the police, or acceptance of America as permanently morally scarred by its past.Read More
Science begins with guessing and then proceeds to proof.
Scientists is a susceptible to cognitive biases as any human and must work to overcome them.
Separating the cranks from the visionaries requires judgment and patience.
“Science is the belief in the ignorance of experts.”
Politics can and often do pollute science.
“I doubt our press has any such higher purpose. It has become so besotted with availability bias—a social science term for the need to conform to accepted tropes—that it no longer has a nose for a real story. Instead it relies on leaks, and even whole “narratives,” dropped in its lap by manipulators who assure reporters they are on the side of the angels. “Read More