links for 2008-05-20
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In the 1980s, Ronald Reagan singlehandedly turned around the American economy. On the heels of the lackluster Carter years that saw high inflation and a poorly performing economy, Reagan proposed sweeping income tax cuts that transformed the tax system.
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The Teamsters in Chicago are continually linked to organized crime–so why is a presidential candidate from that city promising to end federal oversight of the union?
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In 1965, Mancur Olson wrote a classic book called “The Logic of Collective Action,” which pointed out that large, amorphous groups are often less powerful politically than small, organized ones.
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To his credit, John McCain has said that he would veto the Farm Bill if elected president. This is in keeping with McCain’s dogmatic opposition to wasteful government spending and special-interest subsidies.



