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

Just because we are where we are today. Conservatives without Conscience

Being that I have lots to say and have not had time to formulate it into posts I figured I would just start here.  2006.  Do watch it.  He tried to warn us.   But hey…Now the news media is being threatened too and they are concerned. Figure 1 I keep coming to these words: But don’t […]

Can Someone Please Explain Germany’s Reputation for Fiscal Conservatism to Me?

Assume I believe in risk-adjusted return on capital. That is, I don’t buy a bond yielding 12% instead of one yielding 6% without first considering that the yield difference is affected by the likelihood of Principal return being lower. (But I will buy the 12% bond if I believe the risk premium is too high […]

What are Conservatives Conserving?

by Bruce Webb Over at Open Left they are revisiting the concept of Conservatism and whether it is a coherent philosophy. And after concluding that Conservatives by and large have failed to come up with their own definition proceeded to advance some of their own, that it is about enabling aristocracy, or institutionalizing suffering, or […]

The Four Pillars of Conservatism: it is not as Incoherent as it seems

by Bruce Webb Family values/patriarchy; Property rights/inheritance; Public order/tradition; External defense/xenophobia. Taken individually and in combination I think they serve to explain the essential unity of the various divides of modern conservatism into paleo-Cons, neo-cons, social values Cons, religious Cons, and perhaps most for my purposes the alignment of top level economic strata: bankers and […]