Author Archive | David Gordon

The Danger of ‘Market Fundamentalists’

As Joseph Stiglitz sees matters, the euro suffers from a fatal flaw. The euro is the currency of 19 European countries; and common money blocks efforts of nations that, according to Stiglitz, need to devalue their currencies. More generally, attempts to restrict government control of the economy arouse the wrath of this implacable enemy of […]

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Leftitarian on the Tax Bill

Will Wilkinson, the vice president for policy at the Niskanen Center, does not like the tax bill just passed by Congress. Writing in  The New York Times, he finds the legislation “notably generous to corporations, high earners, inheritors of large estates and the owners of private jets.” Wilkinson has discovered a surprising source for the legislation […]

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George Washington

George Washington took office as president in 1789 with an asset of inestimable value. People viewed him as the hero of the American Revolution who, disdaining power, had like the Roman general Cincinnatus returned home to his farm. When he allowed himself, with great reluctance, to be nominated as chief executive, his prestige was unparalleled. […]

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Progitarians

The Captured Economy: How the Powerful Enrich Themselves, Slow Economic Growth, and Increase Inequality. By Brink Lindsey and Steven M. Teles. Oxford University Press, 2017. Viii + 221 pages. During the late nineteenth and early twentieth centuries, the Progressives claimed that the American political system was corrupt. Large financial and business interests dominated the government. What […]

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