In the Los Angeles Times today. The headline says it all: “Political Temperature May be Just Right for Health Care Overhaul.” Ohhhh! Political temperature may be just right. I wonder what the political temperature is? Well, the temperature is: “[T]he bleak environment [and ‘the ballooning budget deficit’] may paradoxically spur the kind of costly, sweeping […]
In the world of economics, Milton Friedman is an icon. His contributions to understanding how free markets work earned him a Nobel Prize and a reputation as one of history’s most brilliant economists and teachers.Now the University of Chicago, Freidman’s academic home for 30 years, is embroiled in controversy over plans to honor Friedman by […]
I’ve been thinking about this Joe the Plumber business, and everybody is pointing out that it’s not what Joe the Plumber asked Obama, it’s what Obama answered. He wants to “spread the wealth around.” But it’s actually even worse than that. It’s now about how quickly team Obama was able to shut down Joe the […]
The best way to describe the Barack Obama financial plan is trickle-up poverty. Everybody who’s poor is going to stay that way; people who are in the middle class are going to get poorer and on up the ladder. It’s trickle-up poverty via Obama’s tax increases. Look, the Democrats have been trying to revise history […]
An article from the Wilson Quarterly, the Woodrow Wilson Center for scholars: “The Irrational Electorate.” By Larry Bartels who directs the Center for the Study of Democratic Politics in Princeton University’s Woodrow Wilson School of Public and International Affairs. He is the author of Unequal Democracy: The Political Economy of the New Gilded Age, published […]