What We Can and Can’t Control

Some things we can control, others we can’t. It’s important to know the difference. Everything happens for a reason, and nothing happens without a cause or, more likely, multiple interacting causes. The work of science is to get an accurate understanding of those causes so that we can better control Continue Reading →

Not Fear, but Healthy Awareness

Franklin Delano Roosevelt gave us one of the most iconic phrases of all time: “The only thing we have to fear is fear itself,” a message of hope appropriate for the circumstances, reminding people that fear doesn’t get us anywhere. Though FDR ultimately proved that we do have a lot Continue Reading →

The Tyranny of Experts

Professor William Easterly authored an insightful book entitled “The Tyranny of Experts.” It focuses on the international development community, highlighting the damage that occurs when experts impose their pet solutions on regions and cultures that they don’t know, don’t understand, and don’t really care about. It is about saying you Continue Reading →

Thanksgiving Is Profitable

Thanksgiving is one of the biggest holidays for our family. It has been a tradition for some extended family to come to our house, not just for dinner, but some of them for multiple days. It is a lot of work in preparations, in cooking, and in caring for multiple Continue Reading →

Why Justice Scalia Was Correct

Justice Antonin Scalia wrote a scathing and colorful dissent from the Supreme Court decision in King v. Burwell, a case deciding the applicability of tax credits to residents of states that did not establish a state insurance exchange under the Affordable Care Act. His main contention is that the Court’s Continue Reading →

When the Bubble Bursts

When the Bubble Bursts Everybody likes economic bubbles. During bubble times, investments rise, prosperity seems easy, and politicians can take credit for being such economic geniuses. What’s not to like? There are, actually, some big things not to like, the most obvious being that every bubble is prelude to a Continue Reading →

Free Markets Are Freedom to Choose

Freedom is the foundation of the American idea. It is the recognition that people have the right to choose their actions based on what they believe is in their best interest, bound only by the rights of others to their lives, liberty, and property. Outright slavery is the most overt Continue Reading →

The Moral Superiority of Free Markets

The age-old battle rages on about the failures of markets and the necessity of government regulation. It seems to me that the argument persists simply because free markets and their participants are held up to the harsh light of reality and compared with visions of Utopian perfection, while government actions Continue Reading →

Talking Politics to African Politicians

Talking Politics to African Politicians (picture Wikimedia Commons) This week’s African Leader’s Summit in Washington was the first time that an American head-of-state hosted most of the African heads-of-state at one time, making it a historic event. In a more fundamental sense, though, it was nothing new. It was just Continue Reading →

Morality and Minimum Wage

Poverty has profound moral implications. Most religious traditions throughout history have dealt with it in some way. Moreover, most people, religious or not, think that poverty is bad, and that we, as individuals, should have compassion. Visions of poverty stir most people to some type of emotional reaction. As with Continue Reading →