More than seven years ago – what seems to be an eternity now – Charles Krauthammer spoke to a Hillsdale College gathering which was celebrating the “success” of the U.S. war in Afghanistan and was about to celebrate the “success” of the U.S. invasion of Iraq. I read the speech ...read more

Even when Paul Krugman gets it right, he still gets it wrong. Now, I am not someone who is a knee-jerk critic of the guy, although I generally expect Krugman to blame the wrong people and recommend the wrong “solutions.” Thus, when I saw the title of his most recent ...read more

One of the constant themes of modern socialism (and Keynesianism) is the belief that we can create prosperity through government spending on roads. Mind you, roads can help an economy if they are located in places where they can aid commerce by making it possible for relatively cheap transportation that ...read more