Steve Hochstadt: By obscuring these uncomfortable elements of Adam Smith’s theory, free market absolutists offer another myth: regulation has only costs, not benefits.
Steve Hochstadt: Now the so-called House Freedom Caucus, representing the people who made his job so impossible that Speaker John Boehner announced that he was quitting Congress, who were uncertain that Kevin McCarthy of California was conservative enough, are demanding a Speaker for themselves.
Steve Hochstadt: Some men want to physically engage every woman they see who fits their image of sexy. They interrupt everything, get too close, use their hands, and won’t take “no” for an answer.
Steve Hochstadt: The dishonesty of the top leadership at Volkswagen will be expensive for them – who wants to buy, or even drive, a Volkswagen now?
Steve Hochstadt: Carson’s claim that Islam fails his Constitutional tests resonates with Christian fundamentalists who would never accept those tests being applied to their own faith.
Steve Hochstadt: I think that Republican voters are expressing what they want pretty clearly. They want a political outsider. Maybe that’s their main message so far. That’s news.
Steve Hochstadt: For Cruz and many other conservative Christians in politics, religion always trumps the law. The highest law at any time must be their brand of faith.
Steve Hochstadt: The American conversation about equality brings people into the streets every day. There is much more to hope for. Listen to the voices of our candidates. Which side have they been on?
Steve Hochstadt: Republican politicians nearly all say the same thing. Don’t worry about climate change. The science is uncertain. Global warming is not happening. But if it is happening, it’s a good thing. Whatever is happening, don’t do anything about it.
Steve Hochstadt: Republican candidates don’t propose to help people in poverty, because Republican voters believe poverty is poor people’s own fault.
Steve Hochstadt: Despite the talk of bringing Americans together, these Republicans disdained the majority of Americans who voted for President Obama as deluded or even stupid. We can expect 11 months more of such rhetoric until the Republican National Convention in July 2016.
Steve Hochstadt: The shock to the popular imagination of the extinction of passenger pigeons and the near elimination of bison and whooping cranes turned the tide of public opinion in the early 20th century.
Steve Hochstadt: In response to social criticism, aggressors and their defenders have developed their theory of “political correctness”, using the classic strategy of changing the subject.