After two and one-half years, I thought I would search for music that might have inspired President Biden’s disastrous economic policies (even though he might not know an iPod from a Victrola). It would seem that he got some of his inspiration from one of my favorites, Muddy Waters: Song: Born With Nothing I don’t … Continue reading Musical Inspiration for Economic Policy
Month: August 2023
Constitutional Sound Bites
What was the true purpose of the Bill of Rights? In this political season, it seems appropriate to remind politicians of the true purpose of the Bill of Rights. To make the point, I have selected “sound bites” from each of the first ten amendments: Congress shall make no law… …the right of the people…shall … Continue reading Constitutional Sound Bites
Get Government Out of Schools
If someone asked me how to solve our economic problems, I would respond, “Do nothing.” I believe in free markets; therefore, the market participants should act based on their preferences, not mine. But I know of one thing we should stop doing. We should stop all government involvement in schools. We should close all government … Continue reading Get Government Out of Schools
Biden’s Broken Window
I finally figured out how Bidenomics is supposed to work. He really is having an incredible amount of success in his economic strategy. It’s all based on what’s commonly referred to as “The Broken window theory.” According to the “theory,” destruction leads to economic growth. A most popular example comes from an essay written in … Continue reading Biden’s Broken Window