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Real World Economics: The old-fashioned politics of consensus is dead

After more than 200 years of success, American constitutional government is broken.Our economy has serious faults and will never be healthy until we mend our government. We must restore the effective functioning it had over its first two centuries.But tragically, the brokenness of our government stems from the disarray and brokenness of our politics. These […] ....

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The Generation Gambit

The media have been duped by a clever campaign whose intention is to get rid of those nasty Social Security programs. ....

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Real World Economics: 75 years of wisdom on national defense should not be discarded

Real World Economics Edward Lotterman Column 2024-08 Feb 23 – 2024 Seventy-five years of wisdom on national defense should not be discarded. The most important “public goods” for any nation are defense against foreign enemies plus domestic public safety. Indeed, the need for these goes back human life in caves. These needs are why governments were instituted. They are why the nation having power to tax individuals in money or in kind is universal. However, both the levels and types of defense needed and how much individuals must pony up often are often contentious. Disagreements must be hammered out through […] ....

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Menendez's Finance panel seat would have no shortage of suitors

Menendez's Finance panel seat would have no shortage of suitors
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Menendez's seat on Senate Finance Committee would have no shortage of suitors

Menendez's seat on Senate Finance Committee would have no shortage of suitors
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