Wondering what's going on with the current crisis in the financial markets? Friedman Foundation senior fellow Greg Forster channels the late great economist Milton Friedman via an article written by William F. Buckley during the stock market tumble of 1987. It's worth a read. I'd like to believe Friedman's assessments then apply to today's situation. He's been right about so many other things. But Julia Dunraven at Slapstick Politics has a more pessimistic view, with a lot of the numbers to back it up. Then again, maybe they're both right. … [Read more...]
Bill Buckley (1925-2008)
Via K.J. Lopez at the Corner, news comes today that the great William F. Buckley, Jr., has passed away. While very few writers and speakers have ever had a greater facility with the English language than Buckley did, there was much more to him than the elegance of his prose. He was an intellectual champion for conservatism long before there was any popularity to be gained by it. From his seminal book God and Man at Yale to his great legacy in the founding of National Review, he did as much as any American in the 20th century to advance the conservative cause through logical, forceful, and passionate argument, as well as through refined wit and good humor. To get a glimpse of the man - his ideas and his rhetoric - you can search a … [Read more...]