Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
โข
Both the American and French Revolutions promised โpower to the people.โ One delivered it; the other descended into bloodshed and chaos. Why?
Should taxpayers be required to subsidize unions’ lobbying for more taxpayer subsidies? Three states say “no, spend our money on students.”
An offset smoker or a pellet grill? Markets allow people with different preferences to choose for themselves, not fight political battles over a single “right” answer.
โข
In ‘Fiscal Democracy in America,’ Kurt Couchman contends that Congressโs broken budget process requires constitutional and procedural reform to reestablish accountability and control over federal spending.
โข
Protectionism promises stronger industries. History shows it delivers higher prices, fewer jobs, and weaker growth.
The Roberts Court restored presidential authority over executive agencies while shielding the Federal Reserve from the same rule.
Political pressure has made it harder to distinguish sound monetary policy from strategic posturing. Congress, not SCOTUS, is empowered to change that.
โข
Paine warned that complacency endangers liberty, and that only when freedom is threatened do people discover whether they are willing to defend it.
Traders expect the Fed’s new chair to respond to accelerating inflation with higher rates. Credibility requires policy match the tough talk.
Hamilton recognized the importance of manufacturing but overlooked the market processes that create lasting prosperity.
โข
Both the American and French Revolutions promised โpower to the people.โ One delivered it; the other descended into bloodshed and chaos. Why?
Should taxpayers be required to subsidize unions’ lobbying for more taxpayer subsidies? Three states say “no, spend our money on students.”
An offset smoker or a pellet grill? Markets allow people with different preferences to choose for themselves, not fight political battles over a single “right” answer.
โข
In ‘Fiscal Democracy in America,’ Kurt Couchman contends that Congressโs broken budget process requires constitutional and procedural reform to reestablish accountability and control over federal spending.
โข
Protectionism promises stronger industries. History shows it delivers higher prices, fewer jobs, and weaker growth.
The Roberts Court restored presidential authority over executive agencies while shielding the Federal Reserve from the same rule.
Political pressure has made it harder to distinguish sound monetary policy from strategic posturing. Congress, not SCOTUS, is empowered to change that.
โข
Paine warned that complacency endangers liberty, and that only when freedom is threatened do people discover whether they are willing to defend it.
Traders expect the Fed’s new chair to respond to accelerating inflation with higher rates. Credibility requires policy match the tough talk.
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