American Anti-Missile Defense
With Russia, China, and Iran possibly forming an axis to oppose the United States, and with two of them possessing nuclear weapons and ICBMs, and the third seeking them, it … Read More
"There are more things in Heaven and Earth, Horatio, than are dreamt of in your philosophy."
Ideas about the role of government in society, its relationship to citizens, and about how much power the government should be given.
With Russia, China, and Iran possibly forming an axis to oppose the United States, and with two of them possessing nuclear weapons and ICBMs, and the third seeking them, it … Read More
I believe it would be a good thing if I were to go through the major points of my Global Warming posts to show how it all fits together. Otherwise, it … Read More
In the last post on tax policy I suggested six attributes the ideal federal or state income tax regime should have. I reproduce them below. Taxes should not favor some … Read More
Grand Tetons at Jackson Hole, Wyoming Photo Credit: Freeimage.com/Jack Sanders A lot of vital news for the economy came out of two gatherings at Jackson Hole, Wyoming last weekend. … Read More
Is China a threat to the United States? In two recent posts, The Growing Threat of Russia and The Purposes of Iran, we have noted how China is in a … Read More
Al Qaeda and ISIS are not the only islamic jihadist organizations to worry about; there is Iran as well. The Washington Times has cited a release from the Iranian Fars … Read More
Taxes are nothing but destructive to all parts of society with the exception of government and its employees. Unless you are obscenely rich or abjectly poor, you probably have your … Read More
The most fundamental ideological division between progressives and conservatives concerns their beliefs on the proper functions of government. What roles do we think should be given to government and what … Read More
Budget Stops Growing! Image Credit: International Liberty A tip of the hat to Dan Mitchell, who blogs on the website International Liberty! The motto for … Read More
Vladimir Putin has an itch. An itch for empire. We know the President of Russia considers the breakup of the Soviet Union as the major geopolitical disaster of the 20th century. … Read More
Almost nothing divides the political Left from the Right more than their mutually exclusive views of wealth. Listen to President Obama, Senator Elizabeth Warren, Hillary Clinton, or Senator Bernie Sanders … Read More
Left to their own devices, the Federal Reserve’s Federal Open Market Committee will more often than not adopt a policy of “easy money”. Rather than adopting a monetary policy that … Read More
We may be approaching in economics what Thomas Kuhn in his seminal book, The Structure of Scientific Revolutions (reference [S2]), called a paradigm shift. Kuhn laid out scientific history in … Read More
Last week for two straight days, China reminded us of how much we have shrunk as an economic power when they devalued their currency. The U.S. stock market promptly tanked. … Read More
I have just found a wonderful place on the internet at Quora.com for carrying on dialogues on serious subjects. Readers of this website will recall that inspiring such conversations was … Read More
One of the biggest sources of problems government imposes on individuals, businesses and the economy is taxes. It has truly been said that “the power to tax is the power … Read More
Have you been keeping track of our favorite canary-in-the-coal-mine for the economy? I refer to the current state of the stock market, of course. The last time we looked at … Read More
Did you know that the fraction of the atmosphere that is CO2 is 0.0004 by volume? By the atmosphere I really mean the troposphere, which is the layer of atmosphere … Read More
Antarctic Ice Extent 9/21/2005 Surely, someone should go to jail for the lies and fraud perpetrated in the name of global warming! What has been said by the supporters of … Read More
How arrogant people are who think they understand enough about a nation’s economy that they can control it! This thought came to me while thinking about the implicit assumptions progressives make. … Read More
Astoundingly, Donald Trump is currently at the head of the Republican pack. He does present some attractive (albeit vague) positions for conservatives, but his past political affiliations and flip-flops in … Read More
The lady in the photo above, like most others in the conference I am attending, has a sunny, upbeat personality that takes anything that life offers in stride. The conference … Read More
Many progressives seem to yearn for a police state. Although I can not believe that all progressives desire a fascist state, even a small fraction of authoritarian-leaning Leftists is very, … Read More
The Obama administration believes in its own propaganda. Believe it or not, the U.S. federal government is currently mandating the same kind of bad behavior that caused the 2007-2008 financial crisis. The … Read More
Vladimir Vladimirovich Putin, in a speech to the Federal Assembly of the Russian Federation, declared that the breakup of the USSR was “the greatest geopolitical tragedy of the twentieth century”, or … Read More
Having given the institutional composition and powers of the Federal Reserve, and having given our opinion on what it should be doing and why, we will now look at what it … Read More
Last week on July 8 The Tax Foundation published a report entitled The Real Value of $100 in Each State. In their study they took data from The U.S. Bureau … Read More
Senator Bernie Sanders (I-VT) Photo Credit: Wickimedia Commons/Nick Solari This morning I read a very disturbing article by David Harsanyi on the federalist.com entitled “Bernie … Read More
NEWS FLASH! The Obama administration makes good on their “leading from behind” promise by announcing a Reduction In Force (RIF) of the U.S. Army of 40,000 soldiers and 17,000 civilian … Read More
You no doubt heard last week that on June 29 the Supreme Court invalidated an Environmental Protection Agency (EPA) regulation limiting emissions of mercury and some other pollutants from coal … Read More