When the Republicans shut down the government in the 1990’s, Rep. Newt Gingrich thought the president would take the blame — but Rep. Dick Armey knew that was the wrong answer to the wrong question. The question would be one of party, and the answer of who to blame would…
Psychology Says We Should Have Prosecuted
One of the most beautiful miracles of humanity is the contradiction of reason. We’re blessed with the capacity to reason carefully — but we’re not disposed to most of the time. Nowhere is this principle more clear than in economics, where academics and practitioners have developed advanced theories of utility…