To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.

The 1920s are the decade that signaled the arrival of a gift that still means a lot to us: Saturday.

The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine.

Coolidge believed that government officials who tell themselves that spending benefits the economy delude themselves and the citizens. Government budgets promote human freedom.

Coolidge thought budgets were virtuous. He had his econ straight. He didn't just cut taxes, he also cut the budget.

With demands for special education or standardized test prep being shouted in their ears, public schools can't always hear a parent when he says: 'I want my child to be able to write contracts in Spanish,' or, 'I want my child to shake hands firmly,' or, 'I want my child to study statistics and accounting, not calculus.

Our conscience, our faith, our local community, even our online hobby clubs - all civilize us.