When most people think about the Founders and economics, two common myths arise. The first is that the Founders vehemently disagreed about economics and, therefore, reached no consensus on the subject. This contention is evident in Alexander Hamilton’s and Thomas Jefferson’s famous exchange about whether the American economy should consist …
In the continuing (over)reaction to the failures of Hurricane Katrina five years ago, the Federal Emergency Management Agency (FEMA) once again “leaned forward” in anticipation of a hurricane. For all of its activities in response to Hurricane Dean in 2009, FEMA spent north of $50 million for what amounted to …
One in six Americans now receives some form of government assistance, reported last week’s U.S.A Today. Fifty million are on Medicaid, a record high and a whopping 17 percent increase since December 2007. Food stamp enrollment has climbed nearly 50 percent since 2008 and now stands at 40 million, or …
Iran’s bombastic President, Mahmoud Ahmadinejad, again has called into question the military strength and staying power of the United States. Asked last month if he anticipated a U.S. military strike on Iran’s nuclear facilities, Ahmadinejad dismissively said: Do you really think that an army that has been defeated by a …
There is an important column on immigration today in The Washington Times Commentary section by Mark Metcalf, a former Justice Department colleague and good friend of mine. I previously reported for The Foundry on his testimony in June about our broken immigration court system before the House Judiciary Committee’s Subcommittee …
Like all good socialists Venezuela’s Hugo Chavez believes private property is theft, so he wants to steal it back in the people’s name. Chavez remains on an expropriation roll, having gobbled up huge sections of the Venezuelan economy, reportedly $22 billion in transactions in the past four years. For the …
