National Health Insurance in America Today’s TLR is not about Obamacare … so relax. It’s also not an analysis of the various national health insurance proposals or about the problems facing America’s health care system or the costliness of medical coverage. There are multiple sources for...
Coronanomics 101 Remember “too big to fail,” the rationale for the government’s bailout of banks and large corporations during the 2008-09 Global Financial Crisis? Doing so was challenged as creating an unacceptable “moral hazard,” the danger that American companies thereafter would rely on the government...
The Federalism Wars: The Covid-19 Battle America’s Constitution divides sovereignty between the Federal government and State governments. It creates a power-sharing system – a federation with both centralized and fractionalized powers. Like any joint undertaking, success requires a fine balance, a give-and-take. It isn’t quite “All...
The Hegemon’s Handbook China has a goal. It’s a pretty straightforward one. It wants to take over the world. Not quite like Dr. Evil …, but not so different either. It wants to be the one and only global hegemon, a position it held for most of the past...
This Time is Different – A Redux As Mark Twain reputedly said, “History doesn’t repeat itself, but it often rhymes.” Is history repeating itself today? Or is it merely rhyming? Economists and historians make their livings based on the maxim that cycles – whether economic, social or...