The necessity of coalition politics

    Cross posted at What’s Wrong with the World (a) The danger to a political cause when one or more of its factions begin to dogmatize to the point of excommunication is especially evident in minority status. A cause that, whatever its merits, can only gain the assent of a minority of the rulers or voters will be an increasingly failed cause to the extent that | Read More »

    A proposal and a footnote.

    The almost singular driving purpose of our American economic policy should be* to encourage productive capital to move here. (Not high finance engineering, but actual means of production, to use the old terminology.) In fine, the driving purpose of our policy should be Hamiltonian through and through — the difference being that while he had to build a base of productive capital all we have | Read More »