The Independent Institute

 
        

Trump and Clinton Are Both (Partly) Right on Economics »

Neither of the major party presidential candidates is a font of economic wisdom. However, if you look hard enough, you can find a glimmer of truth in some of their rhetoric. In this post I’ll analyze two of the issues raised by the candidates, showing how each contained some truth but also confusion. Economic...
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Ratchet Effect »

FIRST Truman went to war against Korea without Congress, and I didn’t speak up because the communists had to be stopped. THEN Clinton passed the Antiterrorism and Effective Death Penalty Act of 1996, and I didn’t speak up because innocent people don’t need habeas corpus. THEN Bush passed the USA PATRIOT Act, and I...
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Dad Was Right »

When my younger stepson Drake was in high school during the Clinton era, he took a class in graphic art at the California College of the Arts one summer, and one of his assignments was to create a propaganda poster. Drake took the photo of Elian Gonzalez being taken at gunpoint from his Miami...
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When Is an Earmark Not an Earmark? »

From President Obama’s speech to Congress Tuesday evening: I’m proud that we passed the recovery plan free of earmarks, and I want to pass a budget next year that ensures that each dollar we spend reflects only our most important national priorities. No earmarks among the $787 billion authorized in the bill’s 1,073 pages?...
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