December 25, 2012
Innovationism: Deirdre McCloskey says somewhere that a better name for capitalism is “innovationism” – innovationism unleashed only in societies in which private property rights are at least reasonably secure, freedom of contract is at least reasonably the norm, markets are at least reasonably free, and (importantly) the multitude of bourgeois merchants and accountants and actuaries [ Read more ]
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December 23, 2012
Via the Washington Examiner (Philip Klein): Mr. Obama repeatedly lost patience with the speaker as negotiations faltered. In an Oval Office meeting last week, he told Mr. Boehner that if the sides didn’t reach agreement, he would use his inaugural address and his State of the Union speech to tell the country the Republicans were [ Read more ]
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