All Posts Tagged With: "Calvin Coolidge"
The Depression You’ve Never Heard Of: 1920-1921
When it comes to diagnosing the causes of the Great Depression and prescribing cures for our present recession, the pundits and economists from the biggest schools typically argue about two different types of intervention. Big-government Keynesians, such as Paul Krugman, argue for massive fiscal stimulus—that is, huge budget deficits—to fill the gap in aggregate demand. [...]
18Nov2009 | Robert P. Murphy | 73 comments | ContinuedHistorical Reputations
In an election year it is useful to try to remove oneself from the hubbub of daily campaign news and advertisements and to imagine how the candidates will be viewed by historians. This is not a simple exercise, and the attempt will reveal a number of widespread attitudes that affect our view of both past [...]
1Nov2008 | Stephen Davies | 0 comments | ContinuedTwo Presidents, Two Philosophies, and Two Different Outcomes
In the White House, Wilson intended to be a strong president working with a “living Constitution.” He promoted the expanding of “beneficent” government into new areas. In his second year as president he concluded that shipping rates were too high, and he blessed his secretary of treasury’s plan to regulate overseas shipping rates and the companies doing the shipping.
1Jun2007 | Burton W. Folsom Jr. | 0 comments | ContinuedThe Origin of American Farm Subsidies
In the United States how did we go from having no role for the federal government in farming to having government intertwined in all aspects of farming from planting to harvesting to selling crops? The Constitution is clear on the subject. Article 1, Section 8, provides no role for the federal government in regulating American [...]
1Apr2006 | Burton W. Folsom Jr. | 0 comments | ContinuedClinton versus Cleveland and Coolidge on Taxes
In a post-State of the Union speech in Buffalo, New York, on January 20, 1999, President William Jefferson Clinton was asked why Americans shouldn’t get a tax cut since the federal budget is in surplus and the share of personal income taken by the federal government is at a post-World War II high. Is this [...]
1Jul1999 | Lawrence W. Reed | 0 comments | ContinuedStar-Spangled Men: America’s Ten Worst Presidents by Nathan Miller
Scribner • 1998 • 272 pages • $23.00 Gene Healy is a student at the University of Chicago Law School. Historians who evaluate American presidents suffer from a bias against inaction. In the conventional view, great presidents are the nation builders and the war leaders; the failures are the ones who “never did anything.” Nathan [...]
1Mar1999 | Gene Healy | 0 comments | ContinuedA History of the American People by Paul Johnson
HarperCollins Publishers • 1998 • 1,088 pages • $35.00 “The creation of the United States of America is the greatest of all human adventures. No other national story has such tremendous lessons, for the American people and for the rest of mankind.” So begins Paul Johnson in his upbeat and first-rate A History of the [...]
1Mar1999 | Burton W. Folsom Jr. | 0 comments | ContinuedFederal Government Growth Before the New Deal
Professor Holcombe teaches economics at Florida State University. Popular opinion holds that most of the credit (or blame) for the incredible growth of the federal government should go to President Franklin D. Roosevelt and his New Deal. While Roosevelt certainly was a willing participant in that process, the federal government began its amazingly rapid growth [...]
1Sep1997 | Randall G. Holcombe | 0 comments | ContinuedThe Judgment of History
Mr. Bandow, a nationally syndicated columnist, is a senior fellow at the Cato Institute and the author and editor of several books, including Tripwire: Korea and U.S. Foreign Policy in a Changed World. President Bill Clinton has run for public office for the last time. No longer subject to judgment by the voters, he is [...]
1Apr1997 | Doug Bandow | 0 comments | Continued-
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