Could the market help us solve our healthcare problems? Market economists and theorists say of course it could; big government/Progressive types say no. Let’s find out. As Franklin said when discussing his famous Kite, “let the experiment be made.” When the Obama administration was debating just how heavily to regulate America’s healthcare system, many on the Left wanted a truly government-run health insurance scheme, or “public option.” As Progressives’ default assumption is that government programs work better than the alternatives, they believed a “public option” would demonstrate the wisdom of turning to fully socialized medicine in the United States. Average Americans reacted sensibly:…
Two Hundred Forty years ago, Christmas Eve, was a desperate time for America. General Washington had lost the Battle of New York, and had been chased, humiliatingly, all the way across New Jersey, and into Pennsylvania.
Those were, as Thomas Paine‘s first “American Crisis” essay, dated December 23, 1776, declared “the times that try men’s souls”:
In my “Age of Washington” class the other day, I stumbled over the start of his Last Will and Testament. I regard the will as a partly public and partly private document—the last of his great “farewells,” including his farewell to the Virginia Regiment in 1759, his last Circular to the States in 1783, and, of course, his Presidential Farewell Address of 1796.
The British people’s decision to leave the European Union reveals that Britain, like the EU itself, suffers from a “democracy deficit.”
Several commentators have noted that that reality suggests the problem is not so much a political one, but instead concerns a feeling that “globalization can and has run roughshod over the economic and social orders of old,” and “the extraordinary movement of populations in the world today.” Ramesh Ponnuru argues that it is not Britain but the EU that suffers from the problem; but he probably overcorrects.
Britain Makes History
By Richard Samuelson
So yet another effort to put all of Europe under one government seems to be failing. From Caesar to Charlemagne to Charles V to Louis XIV to Napoleon and beyond the vision of unity has been a recurring theme in European politics. The latest effort, a union forged in the wake of two destructive and nearly universal wars, is different in some ways—although not democratic, there have been democratic elements in the EU. Moreover, and most importantly, expansion has been peaceful, featuring conquest by referendum.
All that notwithstanding, one can, quite accurately see the Brexit as the latest in a long series of rejections of a universal European empire, with Eurocrats in the place of previous would-be emperors. As in previous centuries, Cambridge and Oxford dons are more comfortable conferencing with their peers at the Sorbonne than with their fellow subjects, and once again the would-be coutiers they train look to the Continent for moral guidance. And, as before, many of Her Majesty’s common subjects resent it.
What is the cause of our polarized politics? Some blame one party or the other, and that is certainly plausible. But I wonder if the problem goes deeper. Our two parties are fighting for the future. We are polarized because we disagree about what it would mean to make America better. Beyond that, the arguments are so extreme because in our post-modern age we cannot agree about what it means to be reasonable.
John Adams explains the rise of Donald Trump. From the third volume of The Defence of the Constitutions, which I am currently working on for an edition with Liberty Fund: This whole story is a demonstration of the oppression of the people under the aristocracy; of the extreme jealousy of that aristocracy of kings, of an oligarchy, and of popular power; of the constant secret wishes of the people to set up a king to defend them against the nobles, and of their readiness to fall in with the views of any rich man who flattered them, and set him up as…
Peggy Noonan recently suggested that “elites are often the last to see their system is under siege. ‘It couldn’t be, I’ve done so well.’” There is much to this idea, especially in a nation like America where many are, in fact, doing very well, and are often socially isolated from others who are not doing so well. Near zero interest rates have flooded the stock market with money, and that, among other things, has been good for the wealthy. Outside of that, however, things are tougher, and not only economically. Because Americans are increasingly isolated socially and economically, our governing class often has trouble seeing this reality.
Our system was supposed to be designed to ensure regular contact between elites and the common citizen.
A great deal of ink has been spilled of late on the question what, exactly, it means for someone to be a natural born citizen under the U.S. Constitution. As Senator Cruz was born in Canada, to a mother who was a citizen and father who was not a citizen, the question is on point. The Constitution states in Article II that “no Persons except a natural born Citizen, or a Citizen of the United States, at the time of the Adoption of this Constitution, shall be eligible to the Office of President.”
What, exactly, does that mean?
What Miracle on 34th Street Teaches Us About the Virtues of Capitalism.
Earlier this week I found myself watching Miracle on 34th Street. I never before noticed what a fine job it does explaining the connection between the market economy and virtue. If I taught economics rather than history I might use a few clips from the movie in class.