Daily Archives: November 12, 2012

Education of black students in the Reconstruction-era South

A key issue in the post-Civil War South involved finding the best way to educate the youngest of the newly freed slaves. Troy Kickler discussed that topic today during a presentation for the John Locke Foundation’s Shaftesbury Society. In the video clip below, Kickler summarizes a key finding from his research. 2:25 p.m. update: ClickContinue Reading

Freedom for Parents

I spent this past weekend with an old friend and her family.  She has three absolutely delightful boys.  Her six year old reads fluently.  All three are confident, well behaved, and independent.  They’re inquisitive; I’ve heard “Why?” about a million times in the last three days.  They play and argue and whine occasionally, like allContinue Reading

When $2.4 trillion isn’t enough

The latest Bloomberg Businessweek offers us the following sober statistics: Right now, U.S. citizens are paying $2.4 trillion for their government. That’s what federal revenue added up to this year, according to the Congressional Budget Office. Some 46 percent of that total comes from individual income taxes, 35 percent from payroll taxes meant for SocialContinue Reading

Wasn’t this the goal of the stimulus program?

Perhaps Fareed Zakaria has forgotten the jokes about “shovel-ready” infrastructure projects the federal government was going to boost with its stimulus program early in the Obama administration’s first term. How else might one explain Zakaria’s recommendation in the latest TIME magazine that President Obama use his second term to pursue an “ambitious” infrastructure program, whichContinue Reading

Self-made billionaire reflects on his anti-socialist campaign

Though Interactive Brokers founder and CEO Thomas Peterffy did not get the result he wanted from spending $8 million on “ads that likened President Obama’s policies to socialism, whose evils he knew from his childhood in Hungary,” he tells Barron’s he does not regret the ads. Peterffy says he doesn’t regret spending big bucks onContinue Reading

Steep tax increases? Yes. Deep spending cuts? Not so much

The subheadline for Gene Epstein‘s latest Barron’s cover story tells us “The so-called fiscal cliff has all to do with tax increases and almost nothing to do with spending cuts.” How so? The fiscal cliff is far less about spending cuts than it is about tax increases. As commonly defined, the fiscal cliff refers toContinue Reading

You load $16 trillion, and what do you get?

Another day older and deeper in debt? With apologies to Tennessee Ernie Ford, a slightly modified version of the chorus to his most famous song drifted through my mind as I read economist Kevin A. Hassett‘s latest contribution to National Review. President Obama’s fiscal policies, which have pushed our federal debt to World War IIContinue Reading

New Carolina Journal Online features

Barry Smith reports for Carolina Journal Online about the potential far-reaching implications of North Carolina Republicans’ electoral gains. John Hood’s Daily Journal chides political pundits and partisans who are making unfounded long-term projections from last Tuesday’s national election results.