by Mark Franke There are two ways to think about governmental incentives for new commercial enterprises. One is the high-level theoretical or philosophical one. In this way of thinking, the basic question is whether government even should be involved in what essentially are free enterprise activities.  The other is to accept that government, being government, will provide incentives so the question is to determine which projects are productive for the community and which are just…

“A conservative is someone who stands athwart history, yelling, ‘Stop,’ at a time when no one is inclined to do so, or to have much patience with those who so urge it.” ― William F. Buckley Assessing the Next Indy Mayor AS INDIANAPOLIS SLIDES into progressivism, the way to think about Democrats is not what candidates stand for but what they stand against. We once had Henry “Scoop” Jackson, who, despite being a staunch supporter of labor, could be depended…

The Unmet Demand for a Well-Rounded Education WE STRESS the importance of teaching history in our newly published Indiana Mandate. The Founders believed the country would remain free only if its people learned history’s lessons. Benjamin Franklin noted that history would show the young “the advantages of liberty, mischiefs of licentiousness, benefits arising from good laws and a due execution of justice, etc.” Until recently, higher education took this responsibility seriously. Not anymore. Surveying over 1,000 liberal arts…

by Dan Eichenberger, MD, MBA “Christian Nationalism” has become one of the most abused phrases in American political debate. Once an academic term, it is now routinely deployed to delegitimize citizens who believe America’s Judeo-Christian moral inheritance should continue to inform public life. The phrase is rarely defined with precision and seldom applied consistently. Its modern function is not descriptive but exclusionary — to push Christian viewpoints outside the bounds of acceptable democratic participation. Critics…

by John F. Gaski, Ph.D. On the prospect of ditching the Senate filibuster in order to pass the SAVE Act, Majority Leader John Thune has been heard to say, “The Democrats may intend to steal the car, but we don’t have to give them the keys.” Translated: Don’t provide future Dems with the filibuster weapon. The error of that shallow illogic, however, can be exposed as follows.   For background, to frame the legislative landscape,…

Build It and They Will Come A FEW OF US have spent considerable time trying to find a simple illustration of how the Indiana Economic Development Corporation (IEDC) works.  Are they trying to mimic a bank in some sloppy way or a Chamber of Commerce? More specifically, how is it a good idea to leverage government money to bet on random enterprises, some of which may only extract wealth from our community rather than invest in it? Is…

‘Taxes Have Consequences: An Income Tax History of the United States’ by Arthur Laffer, Brian Domitrovic and Jeanne Cairns by Tyler Watts, Ph.D. “Taxes Have Consequences” (THC) is a masterful survey of income taxation in the United  States since the ratification of the 16th amendment in 1913. The authors make a com pelling case that high income tax rates are bad economic medicine that routinely fail  progressives’ stated goal of reducing income inequality, while the…

Unstacking Public Education IF YOU DIDN’T already think it a bad idea to allow public-sector workers to hire their own bosses and set their own salaries in a self-serving fiscal doom loop then the headline this week in the Capital Chronicle should have been eye-opening: “Union for ISTA Staff Files Unfair Labor Charges.”  Yes, the teachers union’s own employees are suing to wrest management prerogative from the union just as the union has assumed such control from the state and in turn from…

by Dan Eichenberger, MD, MBA In the past 15 years, rates of anxiety, depression, self-harm and suicidal thoughts among adolescents — especially those born after 1995 — have surged. Social psychologist Jonathan Haidt calls this the “Great Rewiring” of childhood: the decline of play-based childhoods and the rise of phone-based ones. The uncomfortable truth is that well-meaning adults helped cause it. We’ve become overprotective in the real world while underprotecting children in the virtual world.  In the…

The Great Crash of 1929 by Mark Franke One of the most fascinating books I read in high school was “The Great Crash: 1929” by John Kenneth Galbraith. I believed what most everyone else did, that the Great Depression was caused by the stock market crash. Galbraith disabused me of such a simplistic explanation. Journalist Andrew Ross Sorkin’s new book, “1929: Inside the Greatest Crash in Wall Street History — And How It Shattered a…