pstevenssr

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How to Save American Finance from Itself

Central banking is not rocket science, but neither is it a trivial pursuit. Excellent books have continued to be written about the art and craft of …

Great Depression

Humanism and Holocaust History

It is often said that racism is the result of a lack of education, that it must be defeated by civilization and progress. Nothing points to the silliness of that idea like the Holocaust.<p>I'm getting toward the end of Antony Beevor's <i>The Second World War</i>. If you only know the outlines of World War II, …

Jerry Brown Should (Still) Be Ashamed of California's Prisons

60 years ago, Pat Brown fought the mistreatment of the mentally ill. Today, his son, the governor of California, defends such mistreatment.<p>Mario Anzuoni/Reuters<p>On January 8th, California Governor Jerry Brown ceremoniously declared an end to what he called the "prison emergency" in his state caused …

What Margaret Thatcher Can Teach Hillary Clinton

No one ever doubted Thatcher's position--good or bad, right or wrong. Yet it's not always clear any longer where Clinton stands on many issues, beyond women's rights.<p>In her remarkable life, Margaret Thatcher achieved what Hillary Rodham Clinton still wants (or at least what the pundits say she …

That Time Margaret Thatcher Spanked Christopher Hitchens

'Within moments...I had turned away and was showing her my buttocks.'<p>Reuters<p>Margaret Thatcher was a mighty woman. The daughter of a grocer, she entered politics at the age of 25, drawing a surge of media attention as the youngest and only female candidate in the general election. She lost three …

Fine Old Cannibals

In an earlier post, I wrote:<p>It is often said that racism is the result of a lack of education, that it must be defeated by civilization and progress. Nothing points to the silliness of that idea like the Holocaust. "Civilization" is irrelevant to racism. I don't even know what "civilization" means. …

Here's Why Black People Have to Wait Twice as Long to Vote as Whites

Yes, minorities wait longer to vote -- but the widely disparaged voter ID laws in 2012 seem to have had fairly little to do with it.<p>On Election Day last year -- and over the weekend preceding it -- the airwaves were flooded with reports of endless lines at the polls, complete with photos of voters …

Fear of a Liberal America

If you’re one of the dwindling number of Americans who oppose gay marriage and think that illegal immigrants should not be allowed to stay in this country, these are not good days for you. On both issues, seemingly at the same time, the national conversation has turned decisively in the other …

Jobs Report: The Bad News and the Not So Bad

Like most observers, I assumed the March employment report, released today, was going to be so-so. Wrong. The report came in much weaker than expected, and by nine o’clock this morning, John Boehner, the Speaker of the House, had already issued a statement, noting that “hundreds of thousands fled …