Freedom

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    My Favorite Passage In the President’s State of the Union Speech

    My husband is a former speechwriter, so I have a special interest in, and appreciation for, the words that are crafted to convey a leader’s vision and thoughts. My practice is to listen or watch a speech, and then a few days later, read the text. I usually find nuggets…
    Donna Martinez, February 14, 2019
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    “Physics and economics are two sides of the same coin”

    “Hierarchy is not imposed, it is natural,” Duke professor Adrian Bejan told J. Peder Zane in a recent interview. “Equality, however, is artificial, because it violates the law of evolution in nature.” Bejan comes to this conclusion because “physics and economics are two sides of the same coin,” and…
    Joseph Coletti, February 6, 2019
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    Senator Warren’s Idea of Capitalism

    Today’s editorial in the Wall Street Journal  (paywall) is to the point: Senator Elizabeth Warren wants to turn businesses into de facto public utilities. As an example of what would happen, the editorial looks at the PG&E utility bankruptcy fiasco and the cost to taxpayers.
    Kory Swanson, February 1, 2019
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    Who Was the Author of the Declaration of Independence?

    Thomas Jefferson, right? It depends. At the time of the adoption of the Declaration of Indpendence by the 2nd Continental Congress in 1776, Jefferson was not recognized as the author. As Matthew Wills notes in his thought-provoking text “[t]he document was drafted by a committee made up of John Adams,…
    Kory Swanson, January 31, 2019
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    Tax cuts, innovation, and economic growth

    Paul Romer won the Nobel prize in economics for showing how innovation creates economic growth. A new working paper from Raj Chetty and his colleagues presents a model of how much innovation results from tax cuts. Their model suggests tax changes “have no impact on the decisions of star inventors,…
    Joseph Coletti, January 31, 2019
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    Economic growth and…

    “Economic growth, while necessary, is insufficient to address many of the challenges of our 21st-century economy,” Abby McCloskey writes in National Affairs. She offers some policy suggestions to improve connections in community, make work pay, and reform entitlements to improve government finances. I don’t endorse all of them, but…
    Joseph Coletti, January 29, 2019
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    Is marriage about values or value?

    In his influential book, Coming Apart, Charles Murray made a compelling case for the cultural differences between affluent (white) Americans and working class (white) Americans. Among the differences were marriage and divorce rates. Wealthier whites marry and divorce at the same rates as in the past. Poorer whites marry…
    Joseph Coletti, January 28, 2019
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    Economic freedom on the rebound

    Anthony Kim explains at the Daily Signal that American economic freedom has improved dramatically over the past year. The U.S. economy is roaring like no other time in recent memory. The job market is hot, unemployment is down to record lows, and small business optimism is soaring.
    Mitch Kokai, January 28, 2019