Chicago Daily Observer

“The Chicago School of Economics” has become shorthand for a no-holds barred free-markets view of the world that borders on the libertarian. At the University of Chicago, Milton Friedman laid the intellectual foundations for the anti-inflation, tax-cutting, small-government policies of President Ronald Reagan and British Prime Minister Margaret Thatcher.

So in some ways it’s strange that President-elect Barack Obama has been bouncing ideas off Chicago economists and counts some of them as his closest advisers.

It’s a sign of how the world has changed, with many ideas championed by Chicago economists finding greater acceptance. It’s also a sign of how Chicago has changed—though many economists at the university hold that the “Chicago School” was never quite what outsiders deemed it to be.

Sarah Palin’s views make me fear that the Republican party has finally lost its mind.

As for sex, the hypocrisy of her outing her pregnant daughter in front of millions of people, hard on the heels of her concealing her own pregnancy (her faith in abstinence applying, apparently, only to non-Palins), is nicely balanced by her hypocrisy in gushing with loving support of her teenage daughter after using a line-item veto to cut funding for a transitional home for teenage mothers in Alaska.

Her greatest hypocrisy is in her pretense that she is a woman. The Republican party’s cynical calculation that because she has a womb and makes lots and lots of babies (and drives them to school! wow!) she speaks for the women of America, and will capture their hearts and their votes, has driven thousands of real women to take to their computers in outrage. She does not ... Read More...