Free Markets and Unicorns
by Andrew StrainEconomic life should be evaluated by higher criteria than market freedom, because so-called free markets are not free in the first place. Continue Reading »
Economic life should be evaluated by higher criteria than market freedom, because so-called free markets are not free in the first place. Continue Reading »
Republicans can learn from Reagan's successes and failures on the healthcare issue. Continue Reading »
Adam Smith, a founding theorist of capitalism, agreed with many criticisms of commercial culture. Continue Reading »
According to Francis, the world is divided into haves and have-nots, and the impoverished circumstances and dismal prospects of the latter are principally caused by the former. Continue Reading »
So, there I was, pondering, with an old familiar feeling of perplexity (about which more anon), certain reactions to my reaction to various reactions to the pope’s last encyclical, when it occurred to me that the one thing on which Hegelians of every stripe—right or left, theological or . . . . Continue Reading »
The only viable vehicle of conservatism in modernity is a market-oriented liberalism that regards freedom within law as the means to the common good. Some religiously engaged conservative intellectuals cannot accept this. What drives their animus against the only workable form of conservatism in . . . . Continue Reading »
The recent news of GDP growth indicates that the United States has turned a corner, but that does not mean conservatives should deemphasize economic issues. We are at a good place in the business cycle, but even in this good place, problems remain, future problems are visible, and the good times won’t last forever. Continue Reading »
Money is something of a mystery. Classical economics views money as a commodity that is selected as a medium of exchange and standard of value, which enables a society to grow from a barter system to a more complex and efficient economy. As Ole Bjerg points out in Making Money, a recent excursion into the philosophy of money, the classical theory leaves some puzzles in its wake. For starters, it doesn’t fit known historical facts. Anthropologists have yet to find a pure barter economy. Media of exchange always seem to be there already. Continue Reading »
. . . even if, like Germanys Gerhard Schröder, German Chancellor from 1998-2005, you are of the general social democrat mode, you rely on centralized government action too much, and you are not above stoking rabid denunciation of U.S. efforts to fight terrorism and WMD proliferation for . . . . Continue Reading »
Surely there are at least 50 different ways President Obama and the Democratic Congress of 2006-2010 have employed, but Victor Davis Hanson reminds us of the top ten. . . . . Continue Reading »
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