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The Alberta Example: Spending Caps Are the Way to Prevent Unsustainable Fiscal Binges During Growth Years

Back in 2012, I shared some superb analysis from Investor’s Business Daily showing that the United States never would have suffered $1 trillion-plus deficits during Obama’s first term if lawmakers had simply exercised a modest bit of spending restraint beginning back in 1998. And the IBD research didn’t assume anything onerous. Indeed, the author specifically […]

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The First World War and the Costly Burden of Obamanomics

What does World War I have to do with Obamanomics? There’s no real connection, of course, but it did give me an opportunity to present a good analogy. At a conference in London last week, I was discussing with some folks the state of the American economy and the role of public policy. I was […]

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Christ the Physician Walks the Wards

This week our Newman Lecture from UEA is by Carole Rawcliffe of UEA. Here is part of her biography: Carole Rawcliffe was an editor on the History of Parliament Trust (1979-92) before becoming a Senior Wellcome Trust Research Fellow at UEA (1992-7). She was made Reader in the History of Medicine (1997-2002) and Professor of […]

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The Laffer Curve, Tax Progressivity, and Government Revenue: What’s the Higher Priority for Leftists, Raising Revenue or Punishing Success?

On the issue of so-called progressive taxation, our left-wing friends have conflicting goals. Some of them want to maximize tax revenue in order to finance ever-bigger government. But others are much more motivated by a desire to punish success. They want high tax rates on the “rich” even if the government collects less revenue. Some […]

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The Decline and Fall of the Person

Dr. Jeff Mirus over at Catholic Culture did some musing the other day on his stack of unread books. I tend to be sympathetic because I have one of those plus a bunch of half-read ones on my Kindle. That tends top be life in the Information Age. His musing is a lot more informative […]

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The State Department’s Refugee Program Shouldn’t be a Terrorist-Funding Welfare Scam

While immigration is a very contentious issue for the politicians in Washington, there’s actually some level of agreement among people in the real world. Almost everybody agrees that it would be foolish and short-sighted not to allow some immigration, particularly from young, educated people with valuable skills. Similarly, there is widespread agreement that you can’t […]

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