“In the real world outside economic theory, every business is successful exactly to the extent that it does something others cannot. Monopoly is therefore not a pathology or an exception. Monopoly is the condition of every successful business.” —Peter Thiel “Meet the new boss, same as the old ” —Roger Daltrey The problems and challenges posed […]

[Note: This comment is from a series of responses to the proposal for a Family Income Supplemental Credit.] Conservatives have a persistent problem: they often don’t know what it is they want to conserve. This bears on the burgeoning discussion of family policy. The good news is that the broad center-right appears ready to engage […]

Henry Adams described the hopelessness in Washington in 1860 and early 1861 as the country careened towards break-up and war this way: “No one could help. Looking back on this moment of crisis, nearly 50 years afterwards, one could only shake one’s white beard in silent horror.” I’ve thought about this passage a lot lately […]