Freedom vs. the new freedom: Reflections on the early Drucker

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The Imaginative Conservative reviews Samuel Gregg’s new book

It is a bright note of hope, set against the present daunting darkness, that shines throughout Samuel Gregg’s “Reason, Faith, and the Struggle for Western Civilization,” both illuminating the past and shedding much-needed light on the present situation, says Carl Olson, in his recent review for The Imaginative Conservative. Continue Reading...

Middle-class America’s debt problem

In recent months, the question of America’s ballooning public debt has started receiving more attention. Far less interest, by contrast, has been given to the growing amount of private debt. A recent Wall Street Journal article, however, highlighted a growing phenomenon that, I think, merits more attention. Continue Reading...

PowerBlog Redux: How the Byzantines saved Europe

A really interesting chat about the Roman Empire on this week’s podcast with Samuel Gregg and Larry Reed (register for Reed’s talk today here). Gregg helped expand the scope of the discussion by noting that the Roman Empire actually lasted for more than 1,000 years — in the East. Continue Reading...

Sphere sovereignty and limited (and legitimate) government

The Dutch theologian and statesman Abraham Kuyper is well-known for his articulation of sphere sovereignty, and the following passage from the third volume of his Common Grace trilogy is a clear and balanced summary of this doctrine, particularly as it relates to the limits of government action. Continue Reading...

In praise of Waughian conservatism

While working on a recording together, Johnny Cash is reported to have asked Bob Dylan if he knew “Ring of Fire.” Dylan said he did and began to play it on the piano, croaking it out in typical Dylanesque fashion. Continue Reading...

What is currency manipulation?

Yesterday the Treasury Department took the unusual step of designating China a currency manipulator. Secretary Mnuchin, under the auspices of President Trump, made the change, saying, “In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past.” Continue Reading...

Magic cards and market forces

Back in the 1990s, the debut of Magic: The Gathering marked a new form of gaming: collectible card games. While many may remember it similarly to Pogs, for example, Magic survived where Pogs did not. Continue Reading...