Income Inequality in America: Is It Rising and Is It Bad

For anyone following the media just now, it is hard to get through a week without hearing about income inequality in America. In case you missed it, it’s gone up in the last few decades and this, we are told, is a bad thing. On both accounts, I wonder.

The recent flurry of interest follows the publication of Capital in the 21st Century, by French economist Thomas Piketty. After laying out his data, Piketty calls for a cure of, yes, higher taxes and a variety of familiar left-wing policy elixirs. Paul Krugman loves him.

Maybe Mr. Krugman shouldn’t have chortled so quickly.

Read the entire piece here. 

How Thomas Jefferson Freed the Slaves

It was William Faulkner who wrote, “The past is never dead. It’s not even past.”

On the 4th of July weekend I found myself thinking about Thomas Jefferson and slavery. You know the derision directed at the author of the Declaration of Independence on this topic — and, in some quarters, at the legitimacy of the entire American project in light of his and the other Founders’ failure to abolish slavery at the country’s start.

I have a different view.

Read the entire piece here. 

Flaws in Canadian system serve as red flag for Obamacare

As the U.S. debates ways to replace or improve Obamacare, Canada may offer a blueprint for reform. Conservative Prime Minister Stephen Harper has moved to transfer control from the federal government to the provinces and is opening up the socialized system to private clinics and doctors.

“What we clearly need is experimentation with market reforms and private delivery options within the public system. … that experimentation should occur at the provincial level,” Harper said a decade before winning a government majority in 2011. Now he’s acting on his vision.

This is relevant to the debate over health policy in America because Canada’s national health system consistently is used as an endpoint for Obamacare. When state health exchangeswere launched in September, Sen. Bernie Sanders D-Vt., chairman of the subcommittee on primary health and aging, signaled that the long-term plan was a move toward a Canadian-style system.

Read the entire thing here.