Category Archives: economics

American fairness means equality of opportunity, not income

In America we stand for equality. But for the large majority of us, this means equality of opportunity, not equality of outcome. Continue reading

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Santa and Frank

People who remember the old comic strip “Peanuts” will recall an often repeated situation where Lucy offers to hold a football for Charlie Brown to kick. Then, as Charlie comes running up to kick it, Lucy snatches away the ball … Continue reading

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Where Best To Be Poor

Imagine you are an unborn spirit whom God has condemned to a life of poverty but has permitted to choose the nation in which to live. I’m betting that most any such condemned unborn spirit would choose the United States. Continue reading

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Obama: The vision thing

Pedestrian is beneath Obama. Mr. Fix-It he is not. He is world-historical, the visionary, come to make the oceans recede and the planet heal. How? By creating a glorious, new, clean green economy. And how exactly to do that? From Washington, by presidential command and with tens of billions of dollars thrown around. Continue reading

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Congress’s real problem? A lack of restraint on spending

We’re told that gridlock, procedural holds, partisanship and extreme ideology are preventing members of Congress from working together. While some of this analysis is true — Washington is petty, partisan and shortsighted — few are acknowledging that Congress does enjoy remarkable unity in one critical area: spending beyond our means. Continue reading

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Haiti’s deeper tragedy

President Barack Obama called the quake “especially cruel and incomprehensible.” He would be closer to the truth if he had said that the Haitian political and economic climate that make Haitians helpless in the face of natural disasters are “especially cruel and incomprehensible.” Continue reading

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