Our society owes Peter Wallison some thanks, even if we ignored him. A senior fellow at the American Enterprise Institute, Wallison issued one of the most prescient warnings about our current problems nearly a decade ago. A September 1999, New…
Let’s hope President McCain addresses that FICA inequity
John McCain apparently struck a chord with many people when he identified Barack Obama’s ‘spread the wealth around’ comment as ‘class warfare’ resulting from ‘the politics of envy.’ But what the candidate may not realize is the degree to which…
Bachmann spins myth about CRA
Bad government policies, including too-prolonged expansion of the money supply and haphazard financial-sector regulation, are major components of the economic mess we now face. But their interactions are complex. Unfortunately, a simplistic myth is increasingly voiced — that everything would…
“Columbian exchange” still benefits us
Standing near the historic castle overlooking Vaduz, Lichtenstein, it is clear that one aspect of globalization that began five centuries ago continues. From the valley below comes the unmistakable (to a farm boy, at least) whine of a silage chopper…