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July 7, 2023

The 21st Century Decline of Economic Freedom

From 1850 to 2020, industrialized economies went from roughly $3,000 per capita to $40,000 per capita, inflation adjusted. This was also a period of expanding economic freedom, as documented in…

June 28, 2023

Is ‘Bidenomics’ Even a Thing, Really?

The White House is saying that President Biden’s speech today in Chicago will be on the subject of “Bidenomics.” The choice to use that term is a meaningful one, according to the Financial…

June 15, 2023

Instead of ‘Late Capitalism,’ Maybe the US Economy Is Still in ‘Early Capitalism’

So how is the twilight of capitalism working out for you? What, you didn’t realize that you were living through “late capitalism”? Before I go on, let me first explain…

March 2, 2023

The Lost World of Ecumenical Republicanism

…forced to surrender Jim Crow segregation. Nixon tried to have it both ways, introducing an enormous political tension that plagued his policy program.  The underlying basis of the Nixon-Moynihan partnership…

February 2, 2023

Prioritizing Money Over Marriage, Today’s Parents Are Making a Big Mistake

…our old age—and perhaps grandchildren. As journalist Jim Dalrymple put it, “Having kids is an investment in less lonely, more secure elder years.”  The Pew report’s findings highlight the unsettling truth that…

January 3, 2023

Systemic Disadvantage

…from learning how to swim as means of preventing escape. Even when slavery ended, Jim Crow apartheid in the South and widespread segregation of swimming pools virtually everywhere else cut…