In Southern California, the I-15 freeway leads from Southern California to Las Vegas. It is not unusual for cars to travel at 80+ miles per hour on this road. My Granddad Bill told me once that he and my grandma were driving home from a trip to Las Vegas and were passed by another car “like we were sitting still.” To guesstimate how fast the other car was going, my granddad looked down and saw that he was already going 110 mph without even realizing it.

In a recent rejoinder, Philipp Bagus has followed up on our previous discussion. The present response will focus only on the two most important issues under contention.

Back in late June when the Senate signed off on President Trump’s legislation to alter federal spending priorities while keeping deficits stuck in the multi-trillion dollar (teradollar) range—The One Bloated Brobdingnian Bill (BBB)—the heroic Rand Paul was the only budget hawk to vote against it in opposition to deficit spending (in contrast to Democrats and a few centrist Republicans, who rejected the BBB’s shift in spending priorities away from Med

Few ideas in modern historical writing have generated as much intrigue as the claim that slavery and capitalism shared a common managerial language. The suggestion that slaveholders employed accounting principles comparable to those used by modern firms implies that plantations functioned as early laboratories of capitalist rationality.

Anyone who has a white female Democrat friend on Facebook invariably has seen posts by Boston College history professor Heather Cox Richardson. The creator of a popular Substack column, Richardson presents a message that followers of people like Robert Reich, Sen. Bernie Sanders, and Rep. Alexandria Occasio-Cortez would agree with: capitalism is systematic theft and anyone who is a billionaire got that money by stealing from others.