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...this pro-stimulus consensus - "élite groupthink," as libertarian econo-blogger Arnold Kling, one of the dissenting minority, puts it - has its limits. Economists have neglected the subject for so long that their theories of how stimulus works are shockingly underdeveloped. Many of the arguments they make for one proposal or another are the product not so much of economics as of common sense, guesswork and ideology. The motley mix of tax cuts for families and business, aid to states, infrastructure spending, health-care spending and alternative-energy investment that constitutes Obama's stimulus plan is partly the product...

Author: /time Magazine | Title: Will Obama's Stimulus Package Work? | 1/9/2009 | See Source »

Gene Healy, a vice president of the libertarian Cato Institute and author of The Cult of the Presidency, maintains the biggest danger is the possibility of mission creep because there just aren't that many terrorist attacks and disasters to keep the military busy on a regular basis...

Author: /time Magazine | Title: Should the Military Be Called in for Natural Disasters? | 12/31/2008 | See Source »

...trying to work on it every day. I hope I'm a better person than I was five or 10 years ago. I hope I'm a better person than I was last week. But I guess my personal story has made me much more of a libertarian. I don't think the answers are going to come from Washington; I don't think they're going to come from Republicans or Democrats. They're going to come from individuals - that's the beauty of God. That's the beauty of America. The power is with the individual...

Author: /time Magazine | Title: Q&A: Glenn Beck | 12/11/2008 | See Source »

...President, even a Baptist pastor with crooked teeth, no personal fortune but an amazing ability to communicate. His sixth book is part memoir and part political treatise, full of policy proposals, like a national sales tax, and harsh words for foes, including "left of center" Mitt Romney and the libertarian "faux-cons" of the Republican Party. But its emotional heart is a portrait of what might be called Huckabee's America, a place where long-haul truckers lead campaign rallies, Chuck Norris is a political kingmaker and everyone shops at Sam's Club. Huckabee still predicts a populist revolution...

Author: /time Magazine | Title: Do the Right Thing | 12/4/2008 | See Source »

Chambliss was forced to remain in campaign mode against Martin because of a state election law that requires a runoff if neither candidate wins 50% plus one additional vote. The results of the Nov. 4 election were Chambliss 49.8%; Martin 46.8% and Libertarian candidate Allen Buckley with 3.4%. Right now Martin trails Chambliss in polls by as many as five percentage points. The Martin campaign says that speculation that Martin is trailing because blacks aren't drawn to support him without Obama in sight is "one of the vicious campaign tactics Chambliss is famous for." Chambliss, for his part...

Author: /time Magazine | Title: Georgia's Senate Runoff: Where's Obama? | 12/2/2008 | See Source »

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