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Bundling Economic Institutions

The right-wing’s basic move is to pretend that the economic institutions they prefer just exist ex nihilo. From that pretension, they then remark that they are merely against government involvement in the economy. Because they pack into the phrase “the economy” all of their preferred government-constructed economic institutions (property, contract, corporations, and so on), this […]

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Who’s the Best President Since FDR?

This is a good question, and one that gets asked less than you might think. It being President’s Day, let’s go through the list since 1945 and see who comes out looking best. My report card may surprise you. Harry Truman I’m not a big fan. Truman allowed hawks in his administration, led by Dean […]

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