Tag Archives | economic growth

Everything Is Awesome

For those who skipped Barack Obama’s State of the Union address last night—and I know it was a lot of you—here is the shorter version. That’s right, President Obama’s main theme was to declare how awesome it is to live in the wonderful new era of peace and prosperity that no one but him has […]

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Not the American Dream

Howard Gold attracted some attention recently with a USA Today article purporting to calculate the cost of the “American Dream” and tallying up a household income of $130,000 per year. He concluded with the sober warning that this is out of reach because only one of eight households actually get there. It’s worth nothing that […]

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No, It’s Not Morning Again in America

We all know that in the eyes of the mainstream media, the only good Republican is a dead Republican—which is to say that they denounce Republican leaders while they’re alive, then suddenly find a reason to praise them after they’re safely dead. How they did this with Ronald Reagan was to ignore most of what […]

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Our Problem with Prejudice

A book review in the New York Times outlines a “surprising” case against foreign aid. It is surprising only if you are a writer for the New York Times. Fred Andrews reviews The Great Escape by Angus Deaton, “an expert’s expert on global poverty and foreign aid.” The “great escape” of the title is, in […]

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John Maynard Keynes Meets George Orwell

Paul Krugman is famous for his stridency. He advocates a dogmatic Keynesianism with an air of certainty and the frequently repeated aspersion that anyone who disagrees with him is dishonest, ignorant, a hack, a stooge. He cannot be swayed. If there are exceptions that disprove his theories—like, say, the Baltic states—he ignores and ridicules them. […]

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Is This Good Enough?

Editor’s Note: Later today I plan to send out an overview of last night’s speeches at the Republican Convention, but in the meantime, here is a speech I just gave about an hour ago at the Jefferson Area Tea Party’s “Oust Obama” rally in Charlottesville—our way of welcoming President Obama to our town. Incidentally, for […]

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