Tag Archives

Archive of posts published in the tag: The Wall Street Journal

Solving Problems Threatens Power

There will be no resolution of America’s many social problems if free thought and free speech are no longer upheld in our public sphere. Without them, honest deliberation, mutual learning and the American problem-solving ethic are dead.

Read More

Availability Bias

“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

A Permanent War Footing

The left learned to respect the power of government during their control of the economy during WWI and WWII and sought to use that same power to further the cause of social justice, but wars end and the country returns to a different footing.  The battles of social justice go on forever and becomes a permanent war footing with a similar economic outcome. 

Read More

Sacrificing Liberal Values

Democracy is a means to an end, not the end itself.  That is why the founders constrained it with federalism, checks and balances and strategically staggered terms. The objective should be the upholding of liberal values particularly those in the Bill of Rights.  Modern liberalism (as opposed to the classical liberal tradition now called conservatism) has become illiberal advocating the restraint of free speech and unlimited central power, identity politics and political correctness.  

Read More

The False Identity of the American Founding

“Properly understood, the “1619 Project” isn’t about black history. It’s about today’s racial disparities. It’s about applying current ideologies to past events, in the continuing attempt to blame the past actions of whites for the current problems of blacks.”

Read More

Economic Growth and Inequality

The passion for equality and social justice often obscures the best way to achieve it. This is the epitome of virtue signaling; policies and results matter more than intent,

Read More

A New Wave of Thinking

“The Depression and FDR transformed the Democratic Party. It adopted as an article of faith, held to this day by every Democratic presidential candidate, that any tear in the social fabric should be mended with permanent entitlements or subsidies. The competing idea is that subsidies are a poor substitute for finding and holding a job in a vibrant private economy.”

Read More

A Greater Display of Democracy

When activists complain of markets failing to serve our needs, they often are just unwilling to pay the market price and are seeking subsidies at someone else’s expense.  Progressives and socialists who insist on government control while speaking in terms of greater democracy are contradicting themselves; the market place properly regulated is the greatest display of democracy.

Read More

Who Are the Real Materialists

“It’s an understandable temptation, in the sense that changing, say, tax credits is far less daunting than repairing a culture. But then, who are the real materialists, if the answer to a cultural meltdown isn’t to address the human soul but to say, “Don’t worry, we can engineer it all through regulation and the tax code”?

Read More

A Want of Modesty

“To the contrary, it’s because they don’t believe politicians recalibrating the tax code in the name of the common good will bring about the moral economy. It’s because they don’t believe technicians redirecting capital investment will work, or that it can be had with no costs or unintended consequences. Above all, it’s because they believe that trusting Washington to give us a new and improved capitalism by repurposing private companies to serve the priorities of the government rather than those of their owners requires a faith far greater than any ever demanded by the Lord.”

Read More

Is Inequality a Problem?

Relative poverty is a very different problem from absolute poverty.  If you were sitting in a room with a 100 executives making a six figure income and Bill Gates walked in, the inequality would skyrocket.  Is that a problem?

Read More

The Battle of the Bastards

The big question when Trump won in 2016 was whether his victory was the result of the rejection of the ideology of the left or the rejection of the deeply flawed Hillary Clinton.  The question few of us considered was if it was the attractiveness of either the character or policies of Donald Trump.  

Read More

The Middle Class Finally Wins

The data counters the false refrain of the Trump cuts only benefiting the rich.  While I have repeated this refrain for years, the actual tax rates matter more than the statutory rates. The difference is the Special Interest Spread- SIS- a term I coined in this article: Save the Swamp.

Read More

Abandonment of Common Sense

Half of Trump supporters like his anti-elite, control the narrative, fearless and aggressive posture.  Half of his supporters have great problems with his style, lack of diplomacy, thoughtless tweets, and divisive rhetoric; but fear the radical ideas that are pouring from the barrel of Democratic candidates like liberal tourettes.

Read More

Der Sturmer Times

If 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

Handcuffing the Invisible Hand

Advocates of single payer and free benefits prove to be ignorant of the price system, profit, productivity and how they function.  While they claim to allocate resources better than the ‘greed’ of the market (a claim easy to totally refute), they are clueless on how the wealth is generated in the first place.

Read More

How Human Rights Became a Veil of Anti-Semitism

“Rabbi Jonathan Sacks has pointed out that Jew-hatred is usually justified by appeals to a culture’s highest authority. During the Middle Ages, that was religion—so the Jews were charged with killing Jesus. During the Enlightenment it was science, so Jews were deemed an inferior race. Today’s highest source of authority is human rights—so Israel is portrayed as the worst violator.”

Read More

The Problem with Capitalism

The danger of excess regulation or central planning is not frustrating the natural organic order, but undermining the institutions that control our baser instincts.

Read More

Killing Art

“Political correctness is the enemy of art. Self-censorship is a killer of art. Censorship applied from outside, through organized pressure, is an assassination of art.”

Read More

Corporatism is not Capitalism

Keynes suggested the use of government to make more efficient allocations of capital but was often critical of the incompetence of government officials.  He seems to unknowingly refute himself.  The weak accountability in government action is what distinguishes it from market solutions.  The worst solution is the pairing of select firms to partner with government actors.  When the results fail capitalism is faulted, bur corporatism is not capitalism.

Read More