The Evil of Private Equity “A Delicate Balancing Act” in the May 29th TLR discussed a New York Times editorial entitled “Charity Won’t Solve Student Debt,” which took to task Robert Smith, the founder, chairman and CEO of Vista Equity Partners, who had announced during his...

American Exceptionalism What is American Exceptionalism? What is it that makes a country, any country, exceptional? The Merriam-Webster dictionary defines “exceptional” as “rare,” “superior.” The United States is indeed a rare and superior country, rare in its economic and political success, and superior in the...

"Will Modern Monetary Theory Work” (April 14th TLR) and “They’re All Keynsians Now” (March 27th TLR) Republicans no longer are believers in balanced budgets. Democrats most often have favored deficit spending. Both are now in agreement that Congressional spend-and-debt orgies are fun! This week, the...