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News - The Paternalist Instincts of a Central Planner


What really may be behind such a “wanting” for political office is never stated directly or openly.
Both supporters and critics of President Joe Biden have been surprised and amazed by the immensity of his political agenda and his recent actions for a far more expansive role for the federal government than many had been expecting from his time in office. He is clearly on a “mission” and is pursuing it with seeming urgency. So, what is driving him, and is this what the task of presidents is supposed to be all about? 
New York Times columnist, David Brooks, recently did a lengthy phone interview with Biden and conveyed his understanding and impressions of what guides the president in pushing for a larger and more intrusive government in people’s lives. Whenever a politician tries to tell you what drives him in pursuing government office and his motivations for wanting political power and authority, it must always be taken with a grain of salt.  ....

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News - Building Up the State Means Pulling People Down


The onrush to bigger and more intrusive government seems to be happening and accelerating almost everywhere, particularly in the face of the Coronavirus and the massive and compulsory political paternalism that has accompanied it.
I still vividly recall sitting with a high school friend on the evening of July 20, 1969 and watching on television as astronaut Neil Armstrong stepped down onto the surface of the moon, a few minutes before 8 p.m., west coast Pacific time, and saying his famous words, “One small step for a man, one giant leap for mankind.” My glance went back and forth from watching Armstrong make his first steps on the moon’s surface and looking out the window at what was a full moon in the clear night sky over Hollywood, California where I lived, and thinking how surrealistic it all seemed. ....

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EconomicPolicyJournal.com


Janet Yellen and husband Geroge Akerlof
Joe Biden s nominee for Treasury Secretary, Janet Yellen, is a typical over the top Keynesian in favor of mad money printing by the Federal Reserve but a bigger problem might be the influence of her husband, George Akerlof, on her thinking.
You can t get much more authoritarian in your thinking than Akerlof does.
 John Tamny writes:
In Phishing for Phools, a 2015 book that George Akerlof co-authored with Robert Shiller, the authors wrote without even a hint of irony that people “do not do what is really good for them, they do not choose what they really want.” Please think about the previous bit of absurdity from the two economists. Maybe think a while. ....

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