Ronald Reagan: An Autopsy

Eight years, eight dreary, miserable, mind-numbing years, the years of the Age of Reagan, are at long last coming to an end. These years have surely left an ominous legacy for the future: we shall undoubtedly suffer from the after-shocks of Reaganism for years to come. But at least Himself will not be there, and without the man Reagan, without what has been called his “charisma,” Reaganism cannot nearly be the same. Reagan’s heirs and assigns are a pale shadow of the Master, as we can see from the performance of George Bush.

Hunter Smathers is a third-year student at Montreat College majoring in exercise science with

Moving at a High Speed toward an Economic Abyss

Here is modern economic theory in one sentence: money needs to be plentiful for a prosperous economy. As a corollary: No problem is too big that can’t be resolved with enough money.

On the other hand, here are modern economic results in one sentence: a boom eventually nosedives into crisis, which is the necessary correction, but is delayed or fought by the process that caused it—massive money printing to save significant market participants.

Diyar Kasymov is an aspiring researcher in Kazakhstan.

Gunning for Kagan

Pat Buchanan’s recent birthday leads me to speculate: how much better would we be today if he had been elected President in 1992 rather than George H.W. Bush? He would have avoided “Operation Desert Storm” against Iraq, with all its disastrous consequences for us ever since. He was wrong about tariffs, but, as Murray Rothbard always said, war is the most important issue, and Pat Buchanan was a strong non-interventionist. That’s why he supported Buchanan.