The Pretended Populism of Politics
posted 10/02/2010, 7:48 PM (David D'Amato) [Category: Commentary] In the United States and around the globe, statism benefits from sharing its conceptual space with populism, which may be broadly defined as an advocacy for the interests of common, working people, for the general improvement of their lot. The interrelation between the two is perhaps attributable to the success of nineteenth and twentieth century state socialists in reshaping the peasantry's attitudes, in prevailing over the residues of absolute monarchy; that is to say, it is unlikely that, hav... (more)
Apology Not Accepted
posted 10/02/2010, 7:48 PM (Anna Morgenstern) [Category: Commentary] As has been reported recently, officials of the US Government issued an official “apology” for a scientific experiment done in the 1940s, in which 1500 or so Guatemalans were deliberately infected with syphilis and/or gonorrhea without their knowledge. Of course this is not the first time such experiments were conducted. There was the infamous “Tuskegee Syphilis Experiment” that began in 1932 and ran for 40 years, in which 339 African-American sharecroppers were infected with syphilis after be... (more)
A think tank called Third Way just issued a paper analyzing what the median US taxpayer of 2009 (who earned $34,140 and paid $5,400 in federal taxes) actually purchased.
Bloggers responding to the analysis noted that everywhere else an exchange of goods occurs, a bill of transfer or receipt is produced. Why is one not given to taxpayers in the same manner? An honest and baffling question for American citizens... (more)
Race to the Bottom
posted 10/02/2010, 7:47 PM (Peter Schiff) [Category: Economy] Long ago, before economic models developed their current levels of sophistication, it used to be that the goal of a government's economic policy was to bring prosperity to its citizens; in other words, to raise the general level of material comfort, while at the same time reducing the amount of toil required to attain that end.
However, due to the blather spouted by modern economists, success is no longer measured in those terms. Instead, governments simply look to p... (more)