August 13, 2026

About Publius Online

Publius Valerius Publicola was one of the four aristocrats that led the overthrow of the Roman monarchy and became a consul of the Roman republic that followed the fall of the monarchy. In honor of him, John Jay, James Madison, and Alexander Hamilton wrote the Federalist Papers under the pseudonym “Publius” to urge Americans  to […]

Twelve Adults and the CBO: How many adults in the room?

The much ballyhooed Congressional Joint Select Committee on Deficit Reduction–aka the “supercommittee”–was supposed to hear a history of the debt crisis today. You can imagine how well that was going to go over.  Partisans from both sides were prepared, I’m sure, to lay blame for the federal government’s fiscal problems at their opponents feet. “It […]

What happens when Gingrich gets his mojo on? The CNN/Tea Party Debate.

They say that you can’t win a debate, but you sure can lose one. Tonight, despite walking in at the front of the pack, Perry sure did his best to prove that true. He’ll stay on top of the polls, for now, but he didn’t do himself any favors tonight. Like any front-runner, he took […]

Obama’s Latest Jobs Speech: “Stop the political circus,” says the Ring Master.

President Obama and I agree on at least one thing: “Washington hasn’t always put [Americans’] interests first.” Ain’t that the truth. With Republicans vying for his job, the economy persistently sluggish, and unemployment relatively unchanged since the Bush Administration, President Obama took to the podium to make “the big speech” before a special Joint Session […]

Reagan Debate Recap: Perry, Romney and six other candidates

Ah, presidential debates. They have little to do with demonstrating one’s fitness for the highest office in the land, and yet they are often weighed and measured with the highest of stakes. Such it is for our generation, cultured to see winners and losers after a series of head to head play-offs, championships, and competitions between […]

The Debt is Too Darn High

Apparently, that thing about ostriches sticking their head in the sand is no joke. Nor is it without parallel in the human world. The other day I cited a study by a several prominent economists. Their research argued, quite persuasively, that excessive debt tends to inhibit economic growth. They looked a thirty year period,  included the debt levels of […]

Debt too high saps economic growth.

Debt. You don’t like it. I don’t like it. No one likes it. And yet, without it, much of the prosperity and technological progress we rely upon would not be possible. Finance and the power of compound interest has thrust our economy forward faster than any in history. Yet, compound interest is not a tool […]