I read a couple of books, back-to-back, that sound boring but were very interesting. Liberty and Tyranny:A Conservative Manifesto by Mark Levin is a very sound, well thought out presentation of conservative principles as based on the Constitution. Nothing shrill or strident. If one is not afraid of opposing views I recommend my liberal friends take a look at it. The phrase that stuck with me is: Conservatives stand for equal opportunities and Liberals for equal outcomes.
Which brings me to Applied Economics: Thinking Beyond Stage One by Thomas Sowell. Sowell’s thesis is that politicians do not think beyond the first level on laws they are passing because they either don’t care since they will be gone or because they just don’t understand. A perfect example is the sub-prime housing disaster. Who can disagree with the argument that all people deserve to own a home. So laws are passed forcing lenders to provide loans to high risk borrowers (equal outcomes). It musta made sense at the time.
Price controls on drugs and healthcare? Sure, why not? Well, because it provides disincentives for future investment in health care.
Anyway, read the books…these guys explain it a lot better than I can.
I gotta go…