The French government finally “gets it”. Or they have been forced to get it. In response to the euro-zone debt crisis France has been increasing taxes to cut its deficit. But the French economy has hit the wall. In France Says It Will Miss Budget Deficit Targets published in The Wall Street Journal, William Horobin […]

It’s hot here in DC, really hot–96 degrees and humid.  How did people function here before air conditioning?  Wait, they didn’t. Government was much smaller and those who could left town for the summer.  Jefferson had two homes in Virginia.  Congress had a longer vacation.  Those were the good old days. But here we are […]

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I came across an interesting article in the Wall Street Journal yesterday. More on Fracking and the Poor reminds us that it is private initiative and activity that is the source of economic growth in the US economy. The concluding paragraph reads in part: “It’s a classic American story of innovation, human ingenuity, risk-taking and […]

I had the privilege of attending the inauguration in Washington, DC of Russell D. Moore as the new president of the Ethics and Religious Liberty Commission of the Southern Baptist Convention.  The service (and it was a worship service more than merely an inauguration) at the historic Capitol Hill Baptist Church.  Speakers included a former […]

Courtesy of Todd Adams via Twitter, here is the inherent problem the progressive left has with President Obama’s Syria policy: h/t Jim Geraghty at NRO.  

Actually I have two topics, one more important and the other just an illustration of how bureaucractic organizations can become pathological or dysfunctional.  So let’s begin with Syria.  My colleague Mark Smith enumerated well the various issues and positions on the question of whether we should use force against Assad’s ruling regime.  It is indeed […]

A very interesting and a very telling bit of research from Sentier Research was released two weeks ago. Sentier analyzes data from the Current Population Survey to estimate trends in median household income. Yesterday, Steven Moore at the Wall Street Journal, published an op-ed piece based on Sentier’s analysis: Obama’s Economy Hits His Voters Hardest. During […]

Syria is a mess. I am not pretending to be expert on this, so let’s be clear about expectations. I am not speaking from authority, but just as an interested observer. The United States seems to have few options, and none are good. As of now, the debate surrounds our decision to use military force […]

It is a sad but joyous day to report the passing of another economic giant.  Ronald Coase was a seminal figure in economics, a Nobel Laureate who truly changed the way all of us think about the world.  It is sad with the loss of any great figure, and yet Professor Coase was not quite […]