The best case for lower taxes is the moral case—and as Coolidge well understood, a moral tax policy demands tough budgeting. 
America is still a young country. But what a 400 years it has been in the economic history of humankind! 
What made Americans who we are is a historically unprecedented level of freedom and responsibility. 
This evening I propose to take on one of the greatest libels in the English language: the description of economics as “the dismal science.” 
The standard kilogram—a cylinder of platinum and iridium that is maintained by the International Bureau of Weights and Measures—has been losing mass. 
If the Great Depression teaches anything, it is that property rights must be established or else we will not have strong recovery. 
A technical education can make a person wealthy and famous, but it does not teach that person what is best to do with wealth and fame. 
I think we can safely say that America has departed from the constitutional principle of limited government that made us great and prosperous.
What has happened to GM is essentially bankruptcy by other means, and that is an extraordinary event in the political and economic history of our country. 
The New Deal has probably been the greatest political force in America during the last 100 years, and Franklin D. Roosevelt has probably been the most influential president during this time. In our current economic crisis—which some have compared with the Great Depression— many critics are calling for more federal programs and a “New New […]
