Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas…
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Image of the Day: A Powerful Tribute to Free Market Capitalism

Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas, Not Capital or Institutions, Enriched the World." It it, she describes the unprecedented transformation  and improvement of human wellbeing through the power of economic freedom, as illustrated by this graph:

. [caption id="" align="aligncenter" width="568" caption="The Power of Free Markets"][/caption]

. As McCloskey summarizes, that's the result of the free market revolution:

. [I]n the two centuries after 1800, the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100.  Not 100 percent, understand - a mere doubling - but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30…[more]

August 18, 2017 • 01:52 pm

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31 What the Politicians Won't Say About Drugs

The Trump administration is launching a campaign against the heroin and pain pill epidemic, which causes a staggering 52,000 overdose deaths a year. And two weeks ago, New York's Mayor Bill De Blasio announced stepped up efforts to halt the scourge. Will they succeed? Only if they break with the conventional wisdom that labels addiction a "disease…

32 The Northwestern University Rape Outbreak That Wasn't

Campus feminists whipped up a Category-5 frenzy over sexual assault allegations at a Northwestern University fraternity in February. But last week, the school's Vice President for Student Affairs Patricia Telles-Irvin was forced to muster up her best impression of "Saturday Night Live's" classic foot-in-mouther, Emily Litella. Neeeeever…

33 Schiff Mum on What He Saw at White House

Adam Schiff, ranking Democrat on the House Intelligence Committee, has been sharply critical of the panel's Republican chairman, Devin Nunes, for visiting the White House to view classified documents that Nunes says show the Obama administration intercepted the communications of Donald Trump associates before the president took office in January.…

34 Devin Nunes Has No Reason to Recuse Himself

The day after House Intelligence Committee Chair Devin Nunes, R-Calif., held a press conference saying he'd seen reports that show the government may have collected information on Donald Trump's transition team or family and inappropriately shared it, journalists jumped into action. They did so not to dig into the accusation of a National Security…

35 Benjamin Crump: TV's Rising Fake News Star

He's the new Al Sharpton on steroids—and he's coming to a TV near you. Benjamin Crump, camera-lovin' lawyer for the families of Trayvon Martin and Michael Brown, rocketed to fame perpetuating the "Hands up, don't shoot" lie. Never mind that even the left-wing Obama Justice Department concluded that the 22 witnesses who manufactured…

36 Democrats Shouldn't Dismiss Nunes' Spying Claims So Quickly

House Intelligence Committee Chairman Devin Nunes told reporters yesterday that members of Donald Trump's presidential transition team — and possibly Trump himself — may have been caught up in surveillance during the last days of the Obama administration. Nunes says the surveillance, by both the FBI and NSA, looked to be legal…

37 Bring Assata Back ASAP

If FBI agents have time to track down Tom Brady's stolen Super Bowl jerseys, why can't they bring back AWOL convicted cop-killer Assata Shakur? It is time for one of the agency's most wanted women in the world to pay her dues. And President Trump is just the man to force this militant and unrepentant escapee to face justice. Forty years ago this…

38 The Dirty Dem Dogs of Disruption

Here come the hyperpartisan hounds. A new nonprofit called American Oversight launched this week to combat President Trump's "culture of impunity." The outfit declared itself "nonpartisan" and claims its crusaders will fight for a "transparent and ethical government." But like Waylon Jennings once crooned, "Baby…

39 The Information Vacuum Inside the Trump Russia Controversy

Put aside, for a moment, the raging controversies over this or that aspect of Donald Trump, the Russians, and the election. And then ask: What do we know about the allegation at the heart of the matter: Did Trump, his campaign aides, or his associates collude with Russians to influence the 2016 campaign? The answer is, we know nothing. After all the…

40 Don't Let Politics Ruin Baseball

Jayson Stark, a longtime baseball writer for ESPN, recently asked whether Major League Baseball players' lack of political involvement is an abdication of their responsibility as citizens. He asked: "Is 2017 the time for a new code of conduct? Is it time for a more socially aware culture — in this, the sport of Jackie Robinson?"…

41 Chuck Schumer's Fake News

Appearing recently on ABC's "The View," Senator Chuck Schumer painted a picture of Republicans unhappy with the their new president and getting ready to bolt for the door. "When you talk to Republicans quietly — you know — in the cloak room and the gym — they are having real problems with him. ... My…

42 Optimism in Trump's America

President Trump's job approval rating, 44 percent with a 48 percent disapproval rating in a new Wall Street Journal-NBC News poll, makes him "the first president of the post-World War II era with a net negative approval rating in his first gauge of public opinion," according to the Journal. Trump's most strident supporters will no doubt…

43 Economic Freedom Index: U.S. Plummeted from 6th to 17th Under Obama

Anyone still perplexed by the economic malaise and popular discontent that characterized the Obama era need look no further than the erosion of economic freedom during his tenure.  When Obama entered the White House in 2009, the United States ranked sixth in the Heritage Foundation's annual Index of Economic Freedom.  Today, we've sunk…

44 CFIF U.S. Presidents Quiz

Take our 10-Question Quiz and test your knowledge of our Nation’s Chief Executives. (Answer key may be found at the bottom)  1. Who was the first U.S. President to be born in the United States of America? a. John Adams b. Martin Van Buren c. James Monroe d. George Washington 2. Which one of the…

45 Bumps in the Road: Trump vs. Obama

The resignation of national security advisor Michael Flynn has the anti-Trump media declaring the new administration a "mess," in "turmoil" and thrown into "chaos." Funny, these same Chicken Littles barely shrugged their shoulders during the turmoil-laden first 100 days of Barack Obama's first term. Some perspective is…

46 Time for Trump to Hit Campaign Trail

President Trump's many critics say his young administration is a hot mess. His defenders say Trump has accomplished more in three weeks than many presidents do in years. At the moment Trump is in what might be called the executive-action phase of his presidency. Beyond fighting for his Cabinet appointments on Capitol Hill, everything Trump has done…

47 Elizabeth Warren For President

First of all, despite the martyr act, no one has the power to silence Sen. Elizabeth Warren. And that's a good thing. On the other hand, the impulse to silence Warren is completely rational, and it has nothing to do with her gender, ancestry or ideology. It has everything to do with her sanctimonious lecturing, habitual dishonesty and disregard for…

48 Intellectual Property: The Fuel of Interest to the Fire of American Genius

What competitive advantage begat American exceptionalism?  How, despite such a brief lifespan, did America become and remain to this day the most inventive, influential, prosperous, creative nation in human history?  Some rationalize our success as a happenstance of geography and abundance of natural resources.  But that rationalization…

49 End the Fake Filibuster

Tuesday, Senate Democrats lost the battle to stop President Trump's pick for secretary of education. But on bigger battles ahead, the Democrats have a powerful weapon—and they intend to use it. Republicans control both houses of Congress and the White House. Yet Senate Minority Leader Chuck Schumer boasts that he can block Trump's legislative…

50 (Crowd) Size Doesn't Matter

So apparently size really doesn't matter after all.  Crowd size, that is.  Over the past week, frenetic leftists and outraged media figures preoccupied themselves with comparing Donald Trump's inaugural crowd to Barack Obama's in 2009.  The self-described "Women's March on Washington" one day after Trump's inauguration also…

51 For Many, Trump's Inauguration Means the Return of Optimism

"It was a Trump speech," said Beth Lesser, a Donald Trump supporter from Greenville, South Carolina, after listening to the president's inaugural address on the Mall. "He hasn't changed at all — and I don't want him to." Lesser was one of the thousands who traveled a long way to come to the inauguration, and who loved…

52 What Will a Successful Trump Legacy Look Like?

As eight long years under Barack Obama finally come to an end, we instinctively return in time to January 2009 and take an accounting of his legacy.  With rare exceptions such as the execution of Osama bin Laden, we survey a vast field of domestic stagnation, global weakening, wasted potential, broken promises, record racial division and scandal…

53 CFIF Presidential Inauguration Quiz

Take CFIF's 20-Question Inauguration Quiz to test your knowledge of the history behind U.S. Presidential Inaugurations. (Answer key may be found at the bottom) 1. What does the President swear to "preserve, protect and defend" when he takes the Oath of Office? a. United States of America b. American people c. Life…

54 Dem Dilemma: Stand With Lewis?

Once Donald Trump responded to John Lewis's "illegitimate president" attack, the question wasn't whether Trump's pushback would cause a Twitter furor. It would. The question was how many Democrats, beyond those who occupy the left-most wing of the House Democratic caucus with Lewis, would go along with the Trump-is-not-legitimate charge.…

55 Dems Need History Lesson on U.S. Elections

Rep. John Lewis' claim that President-elect Donald Trump isn't a legitimate president wouldn't matter by itself. Lewis dismissed President George W. Bush as illegitimate, too. But the attacks by leading Democrats are mounting, including Sen. Dianne Feinstein, President Obama's Chief of Staff Denis McDonough, Hillary Clinton's former press secretary…

56 Sponsors of Anarchy

Hoodlums will be out in full force this Inauguration Day weekend. Count on it. I've covered the left's criminal anarchist element for more than 20 years — from the animal rights terrorists who have harassed, threatened and firebombed scientific researches across the U.S. and Europe to the anti-capitalist thugs who wreaked havoc on downtown…

57 The Comforting Fictions of Obama's Farewell Speech

Watching President Barack Obama's soaring 2008 Democratic National Convention speech in Denver, I never imagined the kind of turmoil his presidency would incite. Almost everything has changed in the subsequent years, and yet his farewell speech to the nation was brimming with the same brand of haughty lecturing. Obama loves to conflate progressivism…

58 Obama's Presidency Sputters to an End

Barack Obama's tumultuous presidency has now come and gone, which merits assessment of his performance and likely place in history.  Eight years ago, Obama's raison d'être was "Hope and Change."  So how did that all turn out?  How much hope did his presidency offer?  After nearly a decade in office, what change…

59 Six Questions About the Russia Hacking Report

Julia Ioffe, a writer for The Atlantic who watches Russia carefully, tweeted this about the intelligence community's unclassified report on Russian hacking released Friday: "It's hard to tell if the thinness of the #hacking report is because the proof is classified, or because the proof doesn't exist." "Thin" is right. The report…

60 On Russia Hacks, It's Jump-To-Conclusions vs. Wait-And-See

President-elect Trump stirred yet more controversy Saturday night when, as he entered his New Year's Eve party at Mar-a-Lago, he said he is not convinced the intelligence community is sure about allegations Russian hackers sought to influence the election. "I just want them to be sure, because it's a pretty serious charge," Trump told reporters…

 
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Question of the Week   
How many times between 1996 and 2016 did the U.S. Congress pass a full federal budget instead of relying on continuing resolutions or omnibus spending bills?
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Quote of the Day   
 
" ... Americans have grown increasingly accustomed to the view that your politics is determined by your racial, ethnicity or gender identity. Politics is seen as a zero-sum battle for government favor. College and corporate leaders join in.Universities sponsor separate orientations, dormitories and commencements for identity groups (are separate drinking fountains next?). A corporate CEO fires an…[more]
 
 
—Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
— Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
 
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