We're in a kind of vicious cycle where the media tell the politicians, and the politicians tell the people, that perception is reality, and the perce….

In the end, all new schools, public or private, snobby or not, add value to the education market, making it bigger and more efficient, in the same wa….

Europe unified its monetary policy through the euro before it unified politically, therefore sustaining member countries' abilities to pursue the kin….

Coolidge really hated government being in the power business. He thought it was wrong. He saw the potential for growth in the power business. He didn….

The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine..

Coolidge believed that government officials who tell themselves that spending benefits the economy delude themselves and the citizens. Government bud….

Laws must be justified by something more than the will of the majority. They must rest on the eternal foundation of righteousness..

Coolidge showed that the best government was the one that got out of the way. When he refrained, the economy grew, the Ku Klux Klan faded, and Americ….

In a way, Calvin Coolidge is better than Reagan. His tax rates were lower, and he cut budgets..

The lucky biographers find themselves drawn into a sort of friendship with their subject..

Coolidge was a federalist. You go back and read him and it's almost intimidating to write about him because he writes better himself than anyone. He'….

Coolidge and his treasury secretary Mellon loved new technology. Like JFK, C.C. divined that a new technology could lift the nation out of its doldru….

The donning of the ear buds marks the beginning of teen life, when children set off on their own for the passage through adolescence..

Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history….

Although unions may be good for a worker, singular, they are not always good for workers, plural. Especially when it comes to finding a job..

Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. We're concerned about government corrupti….

Coolidge liked the dignity of the presidency. He didn't get on the phone easily. It's possible that he banished the phone from his desk. He was known….

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one gre….

Coolidge was a pragmatist. He didn't start out with a tax theory. But he observed over time that lower tax rates sometimes brought in extra revenue. ….

Today many politicians suggest that where the federal government does not act, there must be anarchy. That view is odd, blinkering out the work of st….

Disillusionment can come as fast as a gust, but building faith that the government won't inflate again is like building a new sailboat, a project of ….