“Speed Racer,” Common Grace, and “Progress”

Last night my boys and I watched the Wachowski brothers’ latest offering, Speed Racer. I quite enjoyed their (perhaps indulgent?) visual forays, variously hovering between surreal and camp. (I confess to also kind of enjoying the cheap chimpanzee comedy shtick.) But I also found myself strangely intrigued by a melodramatic, almost cliche line uttered by…

Adam Smith on Taxation

A little tidbit from Steve Coll’s New Yorker piece, “Overtaxed,” reflecting on Joe the Plumber and the specter of socialism: The principle that Obama evinced, which most economists would regard as unexceptionable, can be traced to Adam Smith. In “The Wealth of Nations” (1776), his seminal treatise on capitalism, Smith wrote: The necessaries of life…