The House of Representatives has now publicly rolled out its “Repeal and Replace” bill for the elimination of Obamacare and a new health care law. President Trump seems to like it, while Democrats, predictably, hate it, though I cannot see how they have had time to read it, and some Republicans, such as Rand Paul, […]
Archives
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A New Beginning or Obamacare Lite?
08 Mar 2017
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What Will Congress Do About Obamacare?
29 Jan 2017
What is going on with Obamacare, otherwise known as the Affordable Care Act? Spirits were high about quick action in the House and even the Senate. Ideas have not been lacking—there are several plans out there to replace the present law. The obstacle seems to be the usual collective suspect—politicians and their obsessive worry about […]
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The City of Man
15 Jan 2017
I am sitting in the San Antonio airport, waiting for my flight back home, reflecting on an excellent Values and Capitalism retreat here and–the subject of this blog–my walk yesterday. My goal was to walk to a bookstore about two miles from my downtown hotel. I had mapped it out using Googlemaps and set out […]
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The Great Enrichment and Inequality
12 Aug 2016
I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today. The trilogy is massive, running to about 2,000 pages in three volumes. This third volume is Bourgeois Equality (University […]
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Minimum Wage, Minimum Work, Minimum Dignity
11 Apr 2016
California, predictably, has passed a $15/hour minimum wage. New York is likely to. A few cities have done it already. Bernie Sanders wants a Federal wage of $15, while Hillary Clinton wants a $12 wage. And so the issue is once again on the table, at a time when wages are stagnant and unemployment is […]
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It seems this blog overlaps one just published by my colleague Jeff Haymond. But I will publish mine anyway, since it nicely supplements his. Donald Trump has been saying quite a bit recently about the disappearance of (especially) manufacturing jobs in the South as well as the “Rust Belt,” blaming those lost jobs on the […]
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Frederic Bastiat as Prophet
28 Feb 2016
I have been reading quite a few articles lately in which the individuals (politicians, bureaucrats and just ordinary citizens) are asked about various issues related to the presidential campaigns. One answer I have heard quite a bit is simply that “the government” should do something. Sometimes the issues are even cast in terms of a […]
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A Generous People
19 Jan 2016
Well, for those who think the wealthy are stingy and selfish, a new study seems to disprove that old maxim, which, I hesitate to say it, but must, is most often heard from the lips of political liberals who believe the solution to problems requiring money (almost all problems for them) is money, is government. […]
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A New Paradigm for Addressing Poverty
13 Dec 2015
Is there a “poverty industry”? Is the way we attempt to alleviate poverty wrong, outdated, even harmful? These are two questions the new documentary Poverty, Inc. attempts to address. I had the opportunity to host a screening this video documentary at Cedarville University, sponsored by the Department of History and Government and the Institute for […]
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Global Climate “Lukewarmness”
07 Aug 2015
I have been listening on Econtalk, a podcast production by economist Russ Roberts, to an interview with Matt Ridley, who calls himself a “lukewarmer” regarding climate change (by the way, I highly recommend Econtalk). To be a “lukewarmer” is to believe climate change is probably man-made, but not dangerous. Now before I get criticisms for […]