Nathaniel Ward

What I’m Reading — January 3rd

  • What Made American Universities Great. “Ivy League institutions rose to greatness only after being cut off from state aid and meddling.”
  • What’s the Matter With California? William Vogeli explains how the “big-spending, high-taxing, lousy-services paradigm” is ruining California’s appeal.
  • Dave Barry Looks Back on 2009. Choice quote: “Washington, rejecting ‘business as usual,’ finally stopped trying to solve every problem by throwing billions of taxpayer dollars at it and instead started trying to solve every problem by throwing trillions of taxpayer dollars at it.”


What I’m Reading — December 23rd

  • Richard Epstein: Harry Reid Turns Insurance Into a Public Utility. “The argument seems to be that price controls alone can force out the waste and inefficiency that are posited to be the hallmark of private markets. By this twisted logic, rent control is the perfect path to efficient competitive markets.”
  • Creating Incentives for Learning. “Mr. Toby’s main proposal, then, is to require good grades and test scores from those seeking federal student loans. This requirement, he believes, would improve incentives for academic performance and mitigate the inevitable trade-off between widening access to college and maintaining educational standards.”
  • Exactly Why the Founders Divided the Legislative Branch. E.J. Dionne argues against checks and balances: “In a normal democracy, such majorities would work their will, a law would pass, and champagne corks would pop. But everyone must get it through their heads that thanks to the bizarre habits of the Senate, we are no longer a normal democracy.”
  • Debunking Conspiracy Theories. “Today no conspiracist publication or Web site wants for the outward flourishes of scholarship. The footnotes are compendious, the sources are seemingly authoritative. It is only when you get in amongst them that you discover what the footnotes actually refer to.”



What I’m Reading — November 29th

  • Inappropriate and Unacceptable Language. “As a society, we strive to eradicate moral language, hoping to eliminate the intolerance that often accompanies it. But intolerance has not been eliminated, merely thrust underground.”
  • [Dealing with America’s fiscal hole The Economist]2 “[I]gnoring the future is also costly. The problem is not the deficits in the next couple of years, but in the years that follow. Uncertainty over how taxes may be raised to shrink deficits may already be weighing on business confidence. Worries about inflation or default could start to push up interest rates. Eventually, private investment will be crowded out.”
  • East and West Berlin. “West Berlin was full of bright colors, from shop windows and pennants flying on buildings, to the clothes worn by Berliners on the street. All of the buildings in East Berlin were gray and dirty. Some were still unoccupied and had bullet holes; they had never been repaired or renovated after the end of World War II. West Berlin was full of bright, sparkling vistas and shops filled with consumer goods of all kinds. East Berlin was dark and dingy.”


What I’m Reading — November 8th

  • Unintended Consequences of Credit Card ‘Reform.’ “‘We basically socialized the bearing of the risk,’ said Ken Clayton, managing director of card policy for the American Bankers Association, a trade group. ‘That’s why good customers sometimes have to bear the cost of the risk that others pose.’”
  • Ponnuru on Repositioning Conservatism. “The [GOP] problem has instead been that voters have not thought Republicans of any stripe had answers to their most pressing concerns. Addressing those concerns, rather than repositioning itself along the ideological spectrum, is the party’s main challenge.”
  • Big Ben on Twitter