An unusual year, far from over. This week, the Libertarian Party holds its presidential nominating convention in Orlando, Florida. Next November, after all the votes are counted, the party’s likely nominee, former two-term New Mexico Governor Gary Johnson, and his likely vice-presidential running mate, former two-term Massachusetts Governor William Weld,
Party politics is often underhanded. Many of our country’s founders knew this all too well, and tried to avoid the factionalism of party politics. But still, two political factions emerged, and our politics has been dominated by two parties ever since. And believe me, the two insider parties work mightily
When former New Mexico Gov. Gary Johnson sought the Republican nomination for president, he was unequivocally told “NO” — not by voters, who had little chance to consider his candidacy, but by media outlets refusing to give him a place on their debate stages. Mr. Johnson didn’t garner enough support
New jobs come from entrepreneurial insight into new ways of profitably producing goods; they are paid for with investments. After a bust, old ratios of prices and wages cease to work, requiring time for entrepreneurs to refigure. But capitalism’s basic scenario — savings, investment, productivity gains, trades — still applies.