Economics & Political Systems

Strategic Abdication

From Damascus to Tehran, a test for world leadership is underway. Daily, the Syrian military—well-armed, highly trained thugs whose current mission is to keep dictator Bashar Assad in power—kills up to 200 or more of its own citizens. Protests from … Continue reading

Economics: The Cheerful Science

Chances are, you’ve heard economics referred to as “the dismal science.” That unflattering description is glib and catchy; it is also 100 percent wrong. Let me set the record straight and explain why economics—far from being dismal—is cause for hope, … Continue reading

The Tax Rate Scandal

When Republican presidential candidate Mitt Romney casually estimated that his effective tax rate is around 15 percent, progressives immediately pounced on the issue. To this ideological minority with its Ahab-like obsession on class warfare, a rich American paying an effective tax … Continue reading