In a previous post I introduced Cornelius "Commodore" Vanderbilt, the man responsible for bringing down the costs of travel on steamboats for passengers in the Northeast. But in that introduction, I didn't relay the whole story.
Dialogue
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Economists are confusing. They often disagree about the most basic of ideas. But one thing no serious economist rejects is the important role of self-interest in promoting economic growth. |
First up on this week's episode of "The RJ Moeller Show" is our conversation with Canadian author and broadcaster Michael Coren. Michael is the host of "The Arena," a nightly television show on Sun News. "The Arena" stresses international coverage—particularly the Middle East, the U.S. and Europe—but also takes on social, moral and religious issues and Canadian life and politics. |
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Over the past 50 years, the U.S. government has fundamentally shifted away from its original design and destiny. As Nicholas Eberstadt diligently chronicles in his book, "A Nation of Takers: America’s Entitlement Epidemic," "the United States of America has become an entitlements machine … American governance has literally turned upside-down by entitlements." |
Economic analysts are a lot like meteorologists. They take available data, make assumptions, run models and make their best guess on what is about to happen. Unfortunately, they are just about as accurate. It's always good to have an umbrella on hand, just in case. |
Never show up to a small business event wearing a tie. I learned that—along with other, more valuable pieces of wisdom—last month at the Atlantic’s Small Business Forum. |
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On Fridays, we bring you the best of our blog and the best of the web. This week's roundup includes a prescription for national humility, the morality of productivity, lessons on inflation and more. |
Setting aside the substance of Obama's inauguration address, the pop star lip synching debates, the reported audiovisual troubles in the far reaches of the National Mall and other topics that have spawned recent Twitter chatter since Obama's second swearing in, I have one question after reflecting on the "Faith in America's Future" inauguration. 1 Comment |
As much as I've brainstormed and tried to come up with new analogies and arguments for values and well, capitalism, I keep coming back to foundational questions. It's a new year, which is always a good time to go back to basics. |