Americans are overreaching; overreaching is the most admirable and most American of the many American excesses.
Americans are overreaching; overreaching is the most admirable and most American of the many American excesses.
Corporations do not pay taxes, they collect them, passing the burden to consumers as a cost of production. And corporate taxation is a feast of rent-seeking - a cornucopia of credits, exemptions and other subsidies conferred by the political class on favored, and grateful, corporations.
If those who wrote and ratified the 14th Amendment had imagined laws restricting immigration - and had anticipated huge waves of illegal immigration - is it reasonable to presume they would have wanted to provide the reward of citizenship to the children of the violators of those laws? Surely not.
Just as the common law derives from ancient precedents - judges' decisions - rather than statutes, baseball's codes are the game's distilled mores. Their unchanged purpose is to show respect for opponents and the game. In baseball, as in the remainder of life, the most important rules are unwritten. But not unenforced.
Obama, startled that components of government behave as interest groups, seems utterly unfamiliar with public choice theory. It demystifies and de-romanticizes politics by applying economic analysis - how incentives influence behavior - to government.
Since the emergence of the Republican Party, only two Democratic presidents, Franklin Roosevelt and John Kennedy, have been followed by Democrats, and both FDR and JFK died in office, so their successors ran as incumbents.
Baseball, it is said, is only a game. True. And the Grand Canyon is only a hole in Arizona. Not all holes, or games, are created equal.
Democrats believe, plausibly, that middle-class entitlements are instantly addictive and, because there is no known detoxification, that class, when facing future choices between trimming entitlements or increasing taxes, will choose the latter.
I suppose there's a melancholy tone at the back of the American mind, a sense of something lost. And it's the lost world of Thomas Jefferson. It is the lost sense of innocence that we could live with a very minimal state, with a vast sense of space in which to work out freedom.
Government has the role of suiting people for freedom. People aren't made for freedom spontaneously. There's sort of a 19-year race between when people are born and when they become adults. And government has a role in making them, at the end of 19 years, suited to be upright, trustworthy repositories of popular sovereignty.
Money is time made tangible - the time invested in the earning of it. Taxation is the confiscation of the earner's time. Although some taxation is necessary, all taxation diminishes freedom.
In 2008, Barack Obama had all the wind at his back, everything going for him. He was an African-American at a time when the country was eager to do that. The Republicans had, in the view of many of us, pretty much disgraced themselves at home and abroad for eight years.