The world is too much with us; late and soon,
Getting and spending, we lay waste our powers;
Little we see in Nature that is ours;
We have given our hearts away, a sordid boon!
Those lines begin a William Wordsworth sonnet written in what English Department’s characterize as “The Romantic Age.”
The well-known evangelical theologian and historian John Stackhouse has added his name to the ranks of Christians who don’t find much to like about the Manhattan Declaration. There is a twist in this case, though. He isn’t complaining about the alliance between evangelicals and Catholics, for example. (Thank you, Lord.)
I think the country IS discovering its inner Dave Ramsey. The savings rate keeps going up.
People are self-consciously trying to protect themselves from uncertainty. At first, it was to protect against a private sector meltdown. Now, it is an attempt to protect against public sector profligacy.
Two planks in Bernanke’s recovery strategy: Expand the money supply like a banana republic dictator and throw sackfuls of cash at failed companies with a proven track record of mismanaging their assets. The justification? According to the late John Maynard Keynes, this is supposed to restore the “animal spirits” of the cowed consumer, the benighted creature who foolishly imagines that after a period of prodigality and mismanagement, maybe a country should rediscover its inner Dave Ramsey.
With Afghanistan, health care, and economic distress devouring the attention of media, politicians, and the electorate, school choice may seem like yesterday’s public policy headline. Yet the problems in America’s education system remain. In fact, plummeting tax revenue highlights the necessity of increasing public school efficiency, while unemployment and falling household incomes heighten the recruitment challenges facing tuition-funded private schools.
It’s the end of the semester. A degree of giddiness creeps in.
My students and I have been working through the political systems of a variety of nations. Yesterday, we talked about China.
In advance of the Acton Institute’s conference, “Free Enterprise, Poverty, and the Financial Crisis,” which will be held Thursday, Dec. 3, in Rome, the Zenit news agency interviews Dr. Samuel Gregg, Director of Research.