I admit it: I had fun watching right-wingers go wild as health reform finally became law.

I think Stockman is an interesting sort of amalgam.

[I]f one asks what substantive contributions [F. A. Hayek] made to our understanding of how the world works, one is left at something of a loss. Were it not for his politics, he would be virtually forgotten.

America's political landscape is infested with many zombie ideas - beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity.

Under the gold standard America had no major financial panics other than in 1873, 1884, 1890, 1893, 1907, 1930, 1931, 1932, and 1933.

I think so long as fossil fuels are cheap, people will use them and it will postpone a movement towards new technologies.

For most Americans, economic growth is a spectator sport.