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  • January 21, 2009
    Blog
    Pentagon 1, Obama 0
    … programmatic reasons. This is one more sign that Obama’s occasional talk of realism and restraint in foreign and defense policy should not be taken seriously. Clearly, the idea of scrubbing the budget “line by line” does not apply to …
    By Benjamin H. Friedman
  • January 21, 2009
    Blog
    Responsibilities
    … a politician and less a priest, a president content to live within the laws and achieve marginal changes in public policy. But I wonder. Living in Washington, DC, I have recently had reason to recall Samuel Johnson’s remark about …
    By John Samples
  • January 21, 2009
    Blog
    A Government That “Works,” but for Whom?
    … himself in the mantle of change, yet as a candidate he endorsed the 2008 farm bill. The existing U.S. policy of production subsidies and import tariffs, a policy that has remained essentially unchanged for 75 years, arguably “works” for …
    By Daniel Griswold
  • January 21, 2009
    Blog
    Humble Hegemony?
    Obama’s inaugural address had a sprinkling of foreign policy realism: [Earlier generations] knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of …
    By Benjamin H. Friedman
  • January 21, 2009
    St. Louis Post-Dispatch
    We Can’t Spend Our Way out of This Quagmire
    … We inevitably moved into a period of general inflation, so the Fed eventually had to reign in its easy money policy. Borrowing became more expensive, so people scaled back their spending or began selling assets to sustain it. Either response …
    By Lawrence H. White and David C. Rose
  • January 21, 2009
    Cato Daily Podcast
    Cuba: 50 Years Later
    Cuba: 50 Years Later
    Featuring Juan Carlos Hidalgo and Caleb O. Brown
  • January 20, 2009
    The Wall Street Journal Asia
    A Fresh Take on Afghanistan
    … that is growing increasingly complex. Mr. Obama has made success in the war there a key element of his foreign policy, so it’s important for the new administration to understand the current facts on the ground. American policy there …
    By Malou Innocent
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