October 5th, 2012

JFK’s Paradox: Tax Rates and Tax Revenues

One month after the Cuban Missile Crisis, on December 14, 1962, President John F. Kennedy addressed the Economic Club of New York.  His address is still relevant.  The full text, including Q&A can be found at:  http://www.presidency.ucsb.edu/ws/index.php?pid=9057 “Less than a month ago this Nation reminded the world that it possessed both the will and the […]

October 3rd, 2012

Redistribution? Not an Enumerated Power Because It Doesn’t Work!

In a recent column at Townhall Daily, Prof. Thomas Sowell applies the practical logic of economics to why “redistribution” cannot succeed. http://townhall.com/columnists/thomassowell/2012/09/20/the_fallacy_of_redistribution The Founders, too, knew that redistribution wouldn’t work.  Redistributing property from one citizen to another is not among the 18 enumerated powers.  In two earlier posts, we described how The Second Bill of […]

October 1st, 2012

What’s Important? – My Front Porch Looking In!

Each American is free to reach his or her own (different) conclusions about what is important. If a visitor from Mars read political coverage of this year’s election, “it” might not know that this is the Silly Season in America.  It might think that very strange things are important to Americans:  whether a person has […]

September 27th, 2012

Ending Gerrymandering 3.0! Amendment 8 to the Second Bill of Rights

In Number 42 of The New Federalist Papers, Amicus presents our proposal to repair how voting districts are established for members of the U.S. House of Representatives – the body of Congress that controls the power of the purse (spending and taxation) in the United States. Here is an excerpt from Amicus in Number 42: […]

September 17th, 2012

September 17, 1787 – 225 Years Ago Today!

Two hundred and twenty five years ago today, George Washington ended his tenure as President of the Constitutional Convention, after the delegates adopted and signed the draft Constitution for transmittal to the 13 states for ratification. Take a look at our previous posts on the beginning and the end of the convention. George Washington and […]

September 14th, 2012

Silly Season #3: A Government Economic Plan?

Sometimes, less is more!  When the topic is a federal economic plan, less is always more.  At the height of the silly season, opposing factions are yelling at one another about the need for, or lack of, a very specific government economic plan for getting the US economy (and if we dare, the world economy) out […]

September 13th, 2012

Obliging Government to Control Itself – Taming the Regulatory State!

This post is unusually long.  Apologies in advance.  Stick with us.  It’s an important post. Prior to the twentieth century, there was no significant regulatory apparatus within the federal government – just legislation.  The House of Representative (elected) or the Senate (elected or appointed) initiated a bill.  If either house passed a bill, it was […]

September 12th, 2012

The Silly Season #2: Four Years Without a Federal Budget?

The silly season is upon us! As we noted two posts ago, a few lines in Federalist Papers Number 51 by James Madison summarize the current position of Americans vis a vis the national government:  “In framing a government which is to be administered by men over men, the great difficulty lies in this:  you […]

September 11th, 2012

September 11, 2001

With respect, with humility, and with reverence – September 11, 2001.  

September 10th, 2012

The Silly Season #1: Doing Good for Some With Other People’s Money!

The silly season is upon us!  We are 60 days away from a federal election.  Having resisted the urge to post during either of the national conventions, we begin anew. Is it “noble” for government to do “good” for some people with other people’s money?  Nobel Economist Milton Friedman saw two problems with answering “yes.” […]

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