James Capretta of the American Enterprise Institute summarizes America’s grim fiscal future. In 2001, the Treasury estimated the government’s net unfunded liabilities, in present value terms, at $6.5 trillion, or 61 percent of GDP, with federal debt accounting for $3.3 trillion of the measured...
AsClive Jameswrote about Tyrion Lannister “in an unreasonable society, to have reasoning power guarantees nothing except the additional mental suffering that accrues when circumstances remind you that you are powerless.” I can’t manage additional mental suffering right now, and so I’ve been foc...
we send a lot of graduates there. A former DaVita executive just made an eight-figure donation to Duke. I know a lot of my former students work there and they’re great people. I think they really do care. They want to make
Just as the bail-out of Wall Street was sold on the argument that we need to save the big banks so that they will increase lending to Main Street, health care “reform” was initially promoted as a way to improve provision of health care to the underserved. What we got instead is a ...