People often speak of the Constitution with reverence, as though it were infallible. However, the Constitution was a centralizing document that cast aside the decentralization of the Articles of Confederation.
US foreign policy is a morass of lobbying, payouts, decisions, and power plays that violates the standards this country claims to promote.
Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.
Why do Americans believe that state and local laws are subject to veto by federal policy makers but the federal government is to be the sole judge of its own laws? Federal elites want it that way.
Indian tribe sovereignty has long been a much neglected, yet important, tool in decentralizing and limiting government power in the US.
With his current timid, weak, and prevaricating position on price inflation, Powell is positioning himself as the new Arthur Burns, who did nothing to end 1970s inflation.
Real deflation—both monetary inflation and price inflation—is necessary, and that can only be accomplished if the Fed can resist the temptation to keep doing what it's been doing since 2008.
Juneteenth is an example of a fiat holiday, imposed upon the nation by an imperial city to promote a specific cultural agenda.
Though Kuttner thinks the New Deal a great success, he himself lays out some of its many problems.
Progressives have long pushed for a state dominated by a new class of "scientific" experts who are supposedly nonpolitical and pursuing only "good government." It's a fantasy many people still believe.
