The Constitutional Convention: May 25 – September 17, 1787

Compromise has accompanied every great political assembly with mixed results. What distinguishes the compromises in the Constitutional Convention from other political compromises was that the separate factions dividing the Convention were often on opposite and similarly harmful extremes. During the Convention, the surest way of avoiding these extremes was achieving a golden mean, and working…

Libertarianism

Here is an awesome letter sent to professor Krugman by Don Boudreaux: 17 May 2010 Prof. Paul Krugman Department of Economics Princeton University Dear Prof. Krugman: In your May 14 blog-post “Why Libertarianism Doesn’t Work, Part N” you attempt to tar libertarianism as being an ideology that “requires incorruptible politicians.” You’re deeply confused.  One foundation…

let’s be adults here

A letter I sent to the New York Times: In a New York Times editorial on May 21st titled “Limits of Libertarianism” you published, “It was only government power that ended slavery and abolished Jim Crow, neither of which would have been eliminated by a purely free market” The government abolishing Jim Crow and Slavery…

Immigration reduces crime…

…or evidence of Bryan Caplan’s anti-foreign bias. Futurity.org links to a University of Colorado-Boulder study and an Arizona Republic article which seems to suggest that, at worst, immigration has led to no rise in violent crime or, at best, has actually lead a society with less violent crime.  From the UC-Boulder study: “Cities that experienced…

Homestead Act of 1862: America’s Grandest Privatization Act

On May 20, 1862, President Lincoln signed perhaps the greatest privatization act in American history into law, opening 270 million acres of Western lands for private and family settlement, and dispensing to American citizens ten percent of the entire area of the United States. From 1871 to 1951, 1,505,405 homestead patents were processed, and the…

The House that Uncle Sam Built

Steve Horwitz and Peter Boettke have recently completed The Great Recession of 2008, a short and simple study of the most recent recession.  The following is a short analogy that appears at the beginning of the piece:  The man who parties like there is no tomorrow puts his body through an “up” and a “down”…

Government Forecasting

Here is a letter I recently sent to the Midland Daily News: Joe Weir, in his recent letter, offers an extensive analysis of the health care bill recently passed by congress (“Understanding health care reform,” May 16).  Amongst all the cost savings and benefits, he cites the following projection: “The legislation will reduce the deficit…

Worlds Largest Debtor Nations

Kurt Bouwhuis, Mackinac Center Intern The following are the top 20 countries ranked in order of their respective external debt/GDP ratios: #1: Ireland: 1,312% #2: United Kingdom: 425.9% #3: Switzerland: 382.2% #4: Netherlands: 376.6% #5: Belgium: 328.7% #6: Denmark: 316% #7: Sweden: 264.3% #8: Austria: 256.2% #9: France: 248% #10: Portugal: 235.9% #11: Hong Kong: 223.1% #12…

Intentions still don’t equal outcomes

Here is a letter I recently sent to the Midland Daily News: Anthony Johnson, in his recent letter, writes of his family’s inability to pay for a checkup at the doctor (“Dire need for health care reform,” May 6).  After describing his family’s situation, he urges readers to spread the word in support of the…