Principles of Government

The bravest man in education reform

By Robert Pondiscio - 7.21.2022

Principles of Government · July 21, 2022 ·

By Robert Pondiscio – Students’ personal choices matter. And so do the choices made by the education reform movement, which is steadfastly unwilling to address or even acknowledge the role that family structure and stability plays in students’ life outcomes. If a child in poverty graduates from high school, finds full-time employment, gets married, and has children, in that order, Rowe tirelessly pointed out—the chance they will remain in poverty as an adult drops to a mere 2 percent. “There is no public policy that comes even close to those kinds of results,” … Read More

Rising Interest Rates Will Crush the Federal Budget B

By Red Jahncke - June 29, 2022

Principles of Government · April 21, 2023 ·

By Red Jahncke – The Federal Reserve’s policies of increasing interest rates and quantitative tightening—reducing its $8.9 trillion balance sheet—will increase the volume and cost of federal government borrowing, slamming the federal budget and exposing the consequences of decades of deficit spending.

Total federal gross interest cost over the 12 months ending on May 31 was $666 billion. If we include the impending extra interest on Treasury bills and the maturing notes, that figure rises to $863 billion. This is a staggering cost. National military spending was $746 billion over the past 12 months; Medicare spending was $700 billion.
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How Government Spending Fuels Inflation

By Tunku Varadarajan and John Cochran - Feb. 18, 2022

Principles of Government · May 28, 2023 ·

By Tunku Varadarajan and John Cochran – The present crisis may “reteach our politicians, officials and commentariat the classic lessons that there are fiscal limits, that fiscal and monetary [policy] are intertwined.” It may also teach them, Mr. Cochrane says, “that a country with solid long-term institutions can borrow, but a country without them is in trouble.” Read More

A Feckless American Foreign Policy’s Legacy B

By Walter Russell Mead - July 18, 2022

Principles of Government · August 20, 2023 ·

At the beginning of the 21st century, the world seemed more peaceful and American power more solidly entrenched than ever before. Twenty-two years into the new century, Americans face the most threatening international environment since the darkest days of the Cold War. The war in Ukraine threatens the post-Cold War order in Europe. Iran is well on its way to a nuclear bomb, and China’s shadow looms larger than ever over Taiwan. Read More

The bravest man in education reform

Rising Interest Rates Will Crush the Federal Budget B

How Government Spending Fuels Inflation

A Feckless American Foreign Policy’s Legacy B

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Characteristics of Government

Principles of Good Government

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