Sublime
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New York farmers and grain merchants were the big losers, but the chances of Congress requiring the roads to raise rates from the west were approximately zero.* What farmers did care about, on the other hand, was rate volatility, since the perennial price wars frequently caused a violent seesawing of tariffs. The Eastern Traffic Association, the la
... See moreCharles R. Morris • The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould, and J. P. Morgan Invented the American Supereconomy
The oldest conflict in American politics is the one between individualism and centralism. Reagan changed the terms by inverting them: the descendants of Jefferson’s yeoman farmers, with their desire for independence, became sturdy car-company executives and investment bankers yearning to breathe free of big government. The heirs of Hamilton’s arist
... See moreGeorge Packer • Last Best Hope: America in Crisis and Renewal
Trump violated conservative orthodoxy on numerous issues, including taxes and entitlements. “I want to save the middle class,” he said. “The hedge-fund guys didn’t build this country. These are guys that shift paper around and they get lucky.” But Trump’s main heresies were on trade, immigration, and war. He was the first American politician to suc
... See moreGeorge Packer • Last Best Hope: America in Crisis and Renewal
John Perry Barlow • Evernote Viewer
It’s the Land, Stupid: How the Homebuilder Cartel Drives High Housing Prices
Matt Stollerthebignewsletter.com
She was allowed to deprive small men of their lives, she was not allowed to deprive great men of their property–or rather of other people’s property.
G. K. Chesterton • The G. K. Chesterton Collection [50 Books]
a servant who has not the security of a slave. If he owned his own shop and tools, he could not get the sack. If his master owned him, he could not get the sack. The slave and the guildsman know where they will sleep every night; it was only the proletarian of individualist industrialism who could get the sack,
G. K. Chesterton • The G. K. Chesterton Collection [50 Books]
Our nation has been hijacked by oligarchs, corporations, and a narrow, selfish, political, and economic elite, a small and privileged group that governs, and often steals, on behalf of moneyed interests. This elite, in the name of patriotism and democracy, in the name of all the values that were once part of the American system and defined the Prot
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