The government propping up banks, insuring deposits via the FDIC, insuring huge trades via the Federal Reserve, and passing legislation written by the banks ensures that things like this can happen. It isn’t natural to take these risks, nor could it have happened without the complicity of the law: It is a common contention that…Details
Most of the time, I can’t tell…
I often hear people complain about Christians on the right injecting religion into politics. Besides the obvious fact that you can believe almost anything with as much conviction and little evidence as religion and insert it into your political framework (making most people’s ideological inventories similar but probably less valid than religion – which at…Details
Keynesianism 101 on stimulus and government intervention in the marketplace. I will not offer a critique, just the theory of liquidity traps by way of a parable: The story is told in an article titled “Monetary Theory and the Great Capitol Hill Baby-Sitting Co-op Crisis.” Joan and Richard Sweeney published it in the Journal of…Details
Worst ad ever.
A theme has stretched itself across some of my usual hangouts. Fascism. Of course, it brings to mind Nazism, and that is why we automatically reject it. But there are better reasons, when the issues are laid bare. Here is the scoop, from a few different angles, and in order of best to not-as-best-but-still-great… America’s…Details