Imagine that the president of the United States could legally order the preemptive killing of any American citizen he deemed a potential threat to the country. A Justice Department white paper that was recently obtained by NBC News comes close to making that claim, if not in quite those words.
Congress created the debt ceiling crisis almost entirely on its own. Article I of the Constitution gives Congress what’s known as the “the power of the purse”: Congress alone can authorize spending, collect taxes, borrow money, or print money. The president can propose a budget, but it’s Congress that ultimately decides how much money the government spends.
As machines become more productive, the people who own them may be keeping a larger share of the profits.
In a 1930 essay called “Economic Possibilities for Our Grandchildren,” the economist John Maynard Keynes wrote that “assuming no important wars and no important increase in population, the economic problem may be solved, or be at least within sight of solution, within a hundred years.”
I lecture and write about politics and philosophy. I hold degrees in politics from Harvard and Berkeley, and have studied complex systems at the Santa Fe Institute. Other interests include theoretical physics, cognitive science, evolutionary biology, and the game of Go. You can find me on Twitter at @rdeneufville.