First the good news. The federal governments tax receipts are coming in at a rate somewhat higher than what was expected a few months ago.
Last Saturday I made a first-ever visit to the down town Dallas Police Department to fill out a report. I had never been to a police department before. My only image of one was the police station I had seen on the television series Hill Street Blues.
Our health care system and our system of higher education have a lot more in common than you might think. As I explained in a previous column at Forbes, in both systems a third-party payer pays a good portion of the bill, leaving consumers and producers with perverse incentives to take advantage of it.
Its tempting to say that Democrats are liberal. But did you know that the base of the party are not particularly liberal at all?
Jeb Bush is a fan. Ditto for Rand Paul and Marco Rubio. Hillary Clinton isnt so sure. Martin OMalley says it exposes the need to update our labor laws. Everyone is talking about Uber these days. The topic has even become part of the presidential election.
In the old days, before we went to war, Congress had to declare one. In the old days you couldnt kill an enemy combatant unless we were in a declared war. In the old days, an enemy combatant was someone wearing a uniform on a field of battle.
First there was Pablo Escobar, the once notorious head of the Medellin drug cartel in Colombia.
Now that the Supreme Court has declined to gut President Obamas health reform, its time for Republicans in Congress to re-think how they have been responding to the law. They should begin by asking three questions
Pope Francis' recent encyclical on the climate change, Laudato Si, was awful in describing what we know about climate science, dreadful in discussing possible solutions and completely wrong in understanding the role that economics must play.
Hillary Clinton is still refusing to say whether she thinks President Obama should have the same fast track authority her husband and other presidents have had to negotiate trade agreements. She is refusing to say how she would have voted the other day when Democrats in the House of Representatives abandoned their own president en masse after he pleaded with them to give him authority to negotiate with Pacific nations. Her latest comments on the subject are at best described as waffling.
Rick Perrys entry into the presidential race draws natural attention to the Texas economy.
What tax rate should rich people pay?
A week ago Friday was an unusual day for the editorial page of The New York Times. An unsigned editorial in the paper lashed out at the president for his public statements about reengaging in Iraq.
There is no domestic policy issue more important than the need to liberate Americas children from monopoly school systems that are not meeting their needs.
Studies show there are three things you can do that will almost guarantee you will never live in poverty: (1) finish high school, (2) get a full time job and (3) get married, but wait until you are 21 and dont have children until you are married. Do these three things and its very unlikely you will be poor. If you are, you wont be poor for very long.
Did Bill Gates, the worlds richest man, cause the breakdown of civil order in Baltimore? How about JK Rowling, author of the Harry Potter novels and the worlds richest woman? Is she the cause of all the mayhem?
At last count there were about three dozen potential candidates for president on the Republican side. Although Hillary Clinton is the expected Democratic nominee, should she falter, there are probably about a half dozen people ready to take her place.
Rand Pauls entry into the presidential race raises an interesting question: Just how many people consider themselves libertarian and what is the potential voting strength of this segment of the population?
By one estimate, 14 million people are newly insured because of the Affordable Care Act. In addition millions of others have more generous insurance, promising new benefits. So you might expect that doctors offices would be flooded with a host of new patients seeking more care than they had before.
Lee Kuan Yew, the first prime minister of Singapore, died last week at age 91. Almost every obituary has remarked on the radical transition his leadership heralded.