I didn’t know until today of a further statement President Obama made in his closing remarks at the Anti-Terrorism summit. This particular remark is simply unbelievable from a historical standpoint. Does the president not care at all to tell the whole truth, or any truth for that matter? Does he, as one writer put it, […]
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“Don’t Know Much About History”
23 Feb 2015
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Economics Everywhere! Keynesian failure in Japan, ECB money printing and Walmart wage hikes!
21 Feb 2015
First up is the ongoing failure of Keynesian economics with its calls for government stimulus to save the day. Japan is the case study for looking at what government policy makers have done. Ever since their stock bubble burst (enabled by easy money policy) in the late 80s, the Japanese economy has went from one period […]
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The “Jobs for Jihadis” Issue, Taken Seriously
20 Feb 2015
I wanted to address the “Jobs for Jihadists” ruckus from the past few days in a bit more detail. The reader may remember I mentioned this in my post of earlier on President Obama’s terrorism summit. Obama and spokespeople had suggested that one major solution to the terrorist problem was the economic situation in Islamic […]
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The Summit That Was Not
19 Feb 2015
I listened to part of President Obama’s closing speech at the “Anti-extremism Summit” today. And I have read what his associates have said about terrorism, particularly in the context of the ISIS threat. I have reached a conclusion about the president, after hearing and reading his words. But first, what did he say today (February […]
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Fury: A Film Worth Rediscovering
19 Feb 2015
I am always giddy when war films are announced and open. Perhaps that emotion is not the most suitable one for a genre that wrenchingly reveals the best and worst of human nature, but I am what I am. War films have evolved dramatically since John Wayne was single-handedly defeating the Japanese in Flying Tigers and […]
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Truth Telling Matters
18 Feb 2015
Brian Williams’s leave of absence due to concerns about his truthfulness is just the highest profile of a long line of individuals who have stretched the truth. It is interesting to me that the truth matters so much to Americans in a news anchor, but so little in our political leaders. Politicfact.com has four pages […]
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Net Neutrality and Competition
18 Feb 2015
On February 14 my Berean colleague Mark Clauson posted comments on the FCC’s proposed “net neutrality” regulations. I would like to argue in favor of the FCC’s proposal. While the full proposal will be released on February 26, the date of the committee vote, the nuts and bolts of the proposal have already been made […]
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So much of our lives is amazingly better, and getting better at an increasing rate. Peter Diamond makes this case in his new book, Abundance, and I have to agree with him. The progress we’ve made in quality of life during my lifetime is phenomenal. As I mentioned to one class today, I grew up […]
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Scott Walker and Education
16 Feb 2015
Scott Walker (R-WI) must be the front-runner for the GOP’s presidential nomination. Why? He is earning significant scrutiny from mainstream media outlets, primarily over two issues, which are related–his lack of a college degree and his views on evolution. While we need a president with brainpower, smart presidents are not always good presidents. What we […]
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Trying to avoid the national debt getting bigger? That would be the real problem. As usual, Keynesians aver that debt isn’t a problem, because we owe it to ourselves. Globally, and for the most part even within countries, a rise in debt isn’t an indication that we’re living beyond our means, because as Fatas puts […]