economy

The GOP’s Paul Ryan Problem

Liberals and the Democratic Party exist solely to divide-up the spoils extorted from producers by the welfare state and cutting federal spending undermines their very reason for being. The Ryan spending deal passed by the House last night shows that establishment Republicans, led by Paul Ryan, embrace those same impulses.

Three Cheers for the Rule of Law: Holding Deadbeat Debtor Argentina to Account

The only consistent protection against rapacious politicians is the rule of law.  In most Third World countries governments loot and plunder without limit.  Constitutional and legal rules set Western industrialized nations apart.