For those who want to know what our future will look like, here’s a brief preview. F.A. Hayek’s brilliant The Road to Serfdom in a short illustrated form. I’ve never been more bleak about the future of this country. The road to serfdom isn’t obvious. Nobody intentionally elects a dictator for the purpose of electing [...]
Bob Herbert writes in The New York Times that that what America needs to recover from the recession are more jobs. On that point, he’s absolutely right. The problem is that the jobs he would choose to create won’t do anything to help the economy. Like a good Times columnist, his preferred solution is more [...]
Yuval Levin has why “partisanship” is a healthy thing in a democracy: Our deepest disagreements coalesce into two broad views of human nature that define the public life of every free society. In a crude and general way our political parties give expression to these views, and allow the roughly like-minded to pool their voices [...]
Francis Cianfrocca has an interesting critical look at why Paul Krugman’s call for a massive Keynesian stimulus is the wrong policy. His thesis is right: Krugman and many other economists are stuck in a world of rigid mathematical models that have little bearing on the way the world actually works—which is one of the causes [...]
Andrew Sullivan went from being an astute conservative columnist to a frothing partisan hack somewhere around the 2004 elections. His latest column in The Sunday Times amply demonstrates his fall into hackery. Now, because the Republicans have the sheer audacity to defy the Leader and go against a budget-busting spending bill in a time of [...]
Tags: Andrew Sullivan, hackery, Obama, Politics, rhetoric, stimulus
Michael Totten has an amazing dispatch from the besieged Israeli city of Sderot, the most common target of Hamas rockets. He notes what it’s like for the residents of Hamas’ war zone: Fewer than twenty Israelis have been killed by rocket fire from Gaza since Hamas and Islamic Jihad adopted the tactic. A few single [...]
The U.S. economy shed 598,000 jobs in January, the worst job loss since 1974. There is no doubt that the U.S. economy is in a state of crisis. Our government is only making it worse. It is more than mere coincidence that this huge job loss occurred in the same month that President Obama signed [...]
Tags: business, Congress, depression, economy, Obama, regulations, taxes