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October 27, 2008

Obama Reparations Radio Interview Begs a Question: Does Wealth Redistribution Actually Help the Poor?

A 2001 radio interview of Barack Obama surfaced yesterday in which he said that “one of the tragedies of the Civil Rights movement,” and one of the limitations of the Warren Supreme Court, was that although they won such formal rights as the right to vote and “sit at the lunch counter and order,” they “never ventured into the issues of redistribution of wealth.” Continue Reading...
October 24, 2008

Fleeing the World’s Eighth Largest Economy

Lawrence J. McQuillan offers a less than surprising economic assessment for the Golden State in the City Journal, causing people to flee for better opportunities elsewhere. McQuillan states: California continues to be burdened with high taxes, punitive regulations, huge wealth-transfer programs, out-of-control spending, and lawsuit abuse. Continue Reading...
October 16, 2008

Saving Capitalism

While efforts to explain the financial crisis will continue for years (historians are still debating the causes of the Great Depression, eight decades later), it seems certain that its genesis cannot be fully understood without some recourse to the moral dimension of human action in the economy. Continue Reading...
October 16, 2008

The Death of ‘Conservatism’

In the wake of the global financial crisis, stories from the pundit class and blogosphere abound proclaiming the imminent death of the conservative movement. This is part of a longer and broader discussion with roots in the post-Reagan era of American politics. Continue Reading...