Ann Robertson and Bill Leumer. As a result of the unions’ current orientation toward the Democratic Party, one must look long and hard for compelling examples, aside from the 1930s, when unions put up a valiant struggle.
Chinese authoritarian capitalism, on display this week in Beijing, has me thinking about America’s democratic capitalism and how we practice it. Start with the U.S. economy’s most powerful government agency: The Fed, of course. Its decision this week to hold short-term interest rates steady was wrong, in my view; it should have lowered them because [...]