Too rich: [I]t turns out that regulation (the more the better) can be an engine for growth. From Paul Krugman: As some of us keep trying to point out, the United States is in a liquidity trap: private spending is inadequate to achieve full employment, and with short-term interest rates close to zero, conventional monetary…
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Your lecture of the week:
A friend passed this column to me a few days ago, and it was so striking as a commentary on the climate of our culture, the media, and the level of discourse in this country that I just had to link to it. If you don’t read any other column today, make this the one…
DetailsLet’s see what stories are on the horizon of my internet meanderings… Can you steal that which is given for free? A woman was jailed last week for sending her kid to a public school outside of her poor district. Do not upset the class strata, citizen… 18.6 million houses sit unoccupied in America. 24…
DetailsNo matter how much power the state is given in the economy, I don’t ever fear too much. Sure, we are heading off an economic cliff that is sure to happen within my lifetime, but the incompetence of these people means that their control of us will always be somewhat limited: Smart people can’t get…
Detailswas a constitutional law professor. Yet he doesn’t understand the Constitution, acts as if it should mean what he wishes it to mean when he wishes it, and whines like a child when he does not get his way. Take Lochner, for example (one of my favorite SCOTUS cases). Obama’s words (in bold) in 2005…
DetailsIt took me almost 26 years, but I learned yesterday after hearing about CISPA, the replacement for SOPA, that it is only a matter of time, when the government sets its sights on regulating or controlling something, until the thing will be controlled. This one is worse, and has recieved almost no attention yet… The…
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Scrutiny of the Federal Reserve has been steadily increasing since Ron Paul started talking about the closing of the gold window in 1973. Though there is little chance that Paul will win any forthcoming candidacies, his legacy as the man who single-handedly brought the Federal Reserve into the light (the best disinfectant) is unmatched by…
DetailsYour lecture this week is one that explores the money, bureaucracy, and recent history of health care in the U.S., and why, since government created the problem, the answer is not and has never been more government. Timothy Terrell, ladies and gents: