Relevant and even prescient commentary on news, politics and the economy.

More economic wisdom from the Library of Economics and Liberty

In a post today at Econlib, David Henderson writes: Postscript: There was an unusually high percentage of good comments on my op/ed on the WSJ site. Here’s one I just noticed: In Michigan, our Governor ordered auto insurance companies to issue rebates – due to folks driving less I guess. But amazingly, our Governor who is […]

Trump’s handling of the economy

Robert Kuttner on public approval of Trump’s handing of the economy: As general support for Trump keeps sinking, there is one anomaly. According to this July 15 Wall Street Journal/NBC poll, which finds Biden leading Trump by 11 points, fully 54 percent of Americans approve of Trump’s handling of the economy. Really? That would be the corona […]

Suppose the Democrats win the Presidency and the Senate in 2020 . . .

Given the state of the race, people are starting to ask what this would mean for the future of progressive politics in America. James Kwak is gloomy: I think the policy solutions are obvious . . . The problem, of course, is the politics—not just President Trump and the Republicans, but a Democratic Party controlled […]

Warren’s eviction bill is economically and politically savvy

Senator Elizabeth Warren has a new bill out to prevent evictions during the COVID-19 crisis.  The bill imposes a 1 year moratorium on evictions nationwide.  That’s it. On its face, the bill seems to have two deficiencies.  First, millions of low-income tenants will be unable to repay their past due rent.  To give them a […]

Trump’s recent polling in retrospect

The betting markets and statistical models of the 2020 election suggest Trump is either likely or very likely to lose.  I have no reason to doubt this, but it is interesting to look back at the history of his approval ratings. Trump’s approval trended down throughout his first year in office, with low points in […]

An open letter to Professor Boudreaux: why fear progressives and BLM protesters?

In a recent post, the blogger/economist Donald Boudreaux expressed deep fear of the people protesting for police reform and of progressive politics generally.  Below is an open letter responding to his post.  It is long (mostly below the fold) but it highlights some of the key issues separating libertarians and classical liberals from progressives and […]

Nonviolence

This article by Ezra Klein is excellent.  I can’t do it justice in a blog post, but here is a bit: This is the often neglected heart of nonviolence: It is a strategic confrontation with other human beings. It takes as self-evident that we must continue to live in fellowship with one another. As such, […]