Keynesian macroeconomics is inconceivable without Darwinian evolution and secular socialism. Keynesian macroeconomics is, at heart, a rationalization for collectivized state planning . Its progenitor was the 18th century quest to discover social science laws of behavior paralleling Newton’s mathematics and laws of motion that explained movements of the planets and of the earth around...
It has been almost 50 years since Milton Friedman, Nobel economist, released his classic, Capitalism and Freedom. The book has slowly slipped from my course syllabus, not to mention that of the political elite. And why not? What Friedman said is now obvious. Surely, Americans, given the indisputable superiority of the free market over...
Abandoning our western heritage of Judeo-Christian religious morality has pushed us toward social and economic disintegration. Guy Sorman’s City Journal essay deals primarily with the European Union. But his assessment applies equally to the United States. Our deficit spending and huge national debts, on both sides of the Atlantic, have their root cause in...
I knew the time would come. America’s public schools and ideologically monolithic universities have spawned a generation woefully uninformed in the most elementary facts about free markets, socialism, and communism. Personally, after teaching this material for years, I’m getting an inordinate number of questions about communism in particular, as that word is bandied about...
Liberal-progressives, almost universally, misuse the terms Nazi and Nazism. Liberal-progressives reflexively use the term Nazi to denigrate anyone or any point of view they dislike. Doing so is the equivalent of civil rights activists seeking to damn Ku Klux Klan members by calling them Abolitionists. The name Nazi, apparently unknown to liberal-progressives, is a...
The commonly used definition is wrong. News reporters, editorialists, academics, and liberal-progressive politicians generally deny that the Obama administration is socialistic. Socialism, they say, is a political state in which the government owns the means of production and distribution of goods and services. Because some businesses still are privately owned, ipso facto, ours is...
The president’s smug assertion that the “science” of global warming is settled turns out to be anther example of liberal-progressive dogmatic closed-mindedness. His continuing devotion to “green” jobs can only be described as willful stupidity. Tom Emerson forwarded the Wall Street Journal’s European editorial opinion, which recounts the readily available information regarding the wasteful...
Cass Sunstein, Administrator of the White House Office of Information and Regulatory Affairs, proposes to abolish traditional marriage as a state-sponsored institution. As many feared, same-sex marriage may become the wedge to destroy the religious and political institutions of marriage and family. Each new day brings to light additions to the torrent of liberal-progressive-socialist...
The dollar edges closer to becoming a third-world currency. Foreign central banks, suffering from the Treasury and Fed-engineered decline in the dollar’s value, are moving new currency reserve investments from the dollar into Euros and Yen. Long-range effects on the United States will be bad. If foreign central banks continue to shift their currency...
Wolf Blitzer needs to continue his fact checking. CNN’s Wolf Blitzer recently devoted time to fact-checking a Saturday Night Live skit that cast a less than favorable light upon failure of The One to deliver on his campaign promises. Surely Mr. Blitzer will follow up with an analysis of the lack of basis for...
Labor Unions are a throwback to the days of travel by horseback, when highwaymen fell upon lone travelers, beating them and robbing them of their possessions. Unions still have the ambivalent status of thugs, to their victims, and Robin Hoods, to their supporters. Crafts labor unions evolved out of the medieval system of crafts...
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