As we "celebrate" the centennial of the 16th amendment to the Constitution this year (authorizing taxes on income), Amity Schlaes, a recipient of the Hayek Prize and the Frederic Bastiat Prize for free-market journalism, writes a fascinating article on our urgent need for a political leader who can just say "no" to spending. Calvin Coolidge, 30th president of the United States (1923-1929) was just such a man. Read the full article here:
Calvin Coolidge and the Moral Case for Economy
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