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

Coolidge and his treasury secretary Mellon loved new technology. Like JFK, C.C. divined that a new technology could lift the nation out of its doldrums; the only difference was that JFK's new technology was space travel, and Coolidge's travel by airplane.

Today we care about budgets more than anything. Our American future hangs on the ability of government to cut budget.

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

In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets.

In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same way that Zuckerberg added wealth to the economy even for non-Facebook fans.

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kind of independent fiscal policies that can strain a joint currency.