New Bank Regulations Spawn Doom Loop
Politicians have a genius for creating unintended consequences with each of their new firefighting measures. Just consider bank regulations. Today, …
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President Obama Falls for a Fallacy
In his second inaugural address, President Obama made a series of direct and indirect references to the Declaration of Independence …
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On Democracy
In the aftermath of World War I, President Woodrow Wilson set out to make the world safe for democracy. Since …
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