EDITORIAL Showing 1651 - 1700 of 1917
Column on a Fruitful Idea About Morality
January 01, 2011
As someone who often teaches the topic of ethics or morality in colleges and universities, I have noticed that most of my beginning students entertain conflicting positions about the subject. They see it either as a one-size-fits-all system of guidelines, where ...
The Struggle – the Long Arc of Advances in Human Liberty
December 30, 2010
Here is some good news: The march of liberty has so far proven to be generally unstoppable. Over the span of human history there have been periods during which hardly any sign of respect for human liberty had been in evidence. In other eras the globe has seen a ...
Social Security Is Not 'Insurance'
December 28, 2010
Perhaps the biggest media story of 2010 was the influence of Tea Party voters on the congressional landscape. The new Congress comes to Capitol Hill with a mandate to end profligate spending and restore fiscal sanity, we are told. But when the House and Senate ...
One Swallow
December 27, 2010
Those who have paid a bit of attention to my writings on public policy probably know that I have always been an opponent of preemptive petty tyrannies of government regulations, the sort that force people to follow certain standards of professional conduct, inc ...
The Rise of Brownianism
December 25, 2010
Ellen Brown has run a long-term campaign arguing that nations themselves ought to print money rather than third-party central banks. She even wrote a book about it called "Web of Debt." And she's making progress. There is legislation now enshrining her point of ...
Down Argentine Way
December 22, 2010
There are many ominous parallels between Argentina and the U.S. and the question often asked is can America avoid the economic consequences that Argentina suffered from a fascist government combined with government debt and currency collapse? I believe the answ ...
Distorting the Tax Policy Debate
December 21, 2010
George Orwell warned us about the use of "meaningless words" in politics, words that are endlessly repeated by sloganeering politicians until they have no meaning at all. Meaningless words certainly were on display during last week's congressional debate over t ...
Krugman's Trashy Debating Style
December 21, 2010
Looks like critics of the free market are at their whit's end. At least one of the most prominent of them clearly appears to be. Princeton economics professor and columnist for The New York Times Paul Krugman has always been discourteous to those with whom he d ...
America Divided
December 18, 2010
For all its existence America has been torn between two political positions. Originally the two were represented, mostly, by Alexander Hamilton and Thomas Jefferson, although neither was a simple partisan of the positions at issue here. Hamilton had been a supp ...
A Stupid Analogy
December 15, 2010
Now that Judge Henry E. Hudson of the Virginia district court ruled that the Obama health care measure violates the U.S. Constitution by forcing people to make purchases they may not want to make, there are innumerable sophists who want to refute the rationale ...
Audit the Fed in 2011
December 14, 2010
Since the announcement last week that I will chair the congressional subcommittee that oversees the Federal Reserve, the media response has been overwhelming. The groundswell of opposition to Fed actions among ordinary citizens is reflected not only in the rhet ...
WikiLeaks – Hype, Propaganda or Revolution?
December 13, 2010
The media is full of hype about Mr. Julian Assange, the man behind WikiLeaks. The story might be considered trivial at first. However, the hoopla is interesting to observe, highly intriguing and, in my view, well worth analyzing and second-guessing a bit. The b ...
Disgusting Rich Bashing
December 13, 2010
There are many welcome developments in America in our time, mainly in the media. Certainly Judge Andrew Napolitano's and John Stossel's Fox Business Network TV programs are quite unprecedented in their principled libertarian commentaries. The way Reason Magazin ...
America's Salvation
December 11, 2010
Anybody with a lick of sense realizes there's no difference anymore between the Democrats and Republicans. Both preach big dictatorial government to the people, and they do so relentlessly. Thus many Americans now realize that we need to open up the process and ...
Law & Our Democracy
December 11, 2010
When as a 14 year old I lived in Budapest under the rule of the "democratic republic" of Hungary – which was but a ruse disguising sheer Soviet style power – my family repeatedly violated "the law," which is to say we defied the rules the communist – in f ...
Focus on the Policy, Not WikiLeaks
December 07, 2010
We may never know the whole story behind the recent publication of sensitive U.S. government documents by the Wikileaks organization, but we certainly can draw some important conclusions from the reaction of so many in government and media. At its core, the Wik ...
Leak Embarrassments
December 06, 2010
My newspaper carried the AP headline the other day, "U.S. cuts access to files after leak embarrassment," and the body of the article reports that Julian Assange, the founder of WikiLeaks is now on a most wanted list in Europe. I do not have the time or even th ...
One Swallow
December 04, 2010
Those who have paid a bit of attention to my writings on public policy probably know that I have always been an opponent of preemptive petty tyrannies of government regulations, the sort that force people to follow certain standards of professional conduct, inc ...
Will the Market Do What Western Leaders Cannot?
December 04, 2010
It's a sign of the times. President Barack Obama's ballyhooed fiscal commission on Friday failed to come up with a plan to curb the US budget deficit. For close to a year, the panel has been laboring on US$4 trillion in cuts that would take place, approximately ...
Radical Muslims Aren't Alone
December 04, 2010
So it turns out that contrary to widespread impression, the American government is just as willing to step all over people's right to free expressions as are governments in what are deemed more tyrannical countries. News has it that the Washington based Smithso ...
Too Politicized to Fail!
December 02, 2010
It may now be assumed that the only people allowed to fail in the world are athletes and some gamblers. Businesses are not. In Ireland, for instance, banks made bad loans and thus lost a lot of dough but no, they were not allowed to go under by the government ...
CUT, Don't Freeze Federal Employee Pay
December 01, 2010
While bankrupt over indebted governments everywhere from Russia and the United Kingdom to Ireland move to cut the number of government employees and reduce salaries, America the leading debt basket case of the world just might freeze salaries for a couple of ye ...
Don't Raise the Debt Ceiling!
November 30, 2010
As of November 7th, the total U.S. public debt outstanding reached an astonishing $13.7 trillion. This means that although Congress just raised the debt ceiling to $14.3 trillion back in February, the new Congress will face another debt ceiling vote almost imme ...
The Road to Fascism
November 30, 2010
The usual beef among those who dislike trends in this country's economic policies is that we will soon have a socialist system. And it does appear that with more and more economic issues coming under government supervision and outright control, socialism is the ...
What's so Bad About Exceptionalism?
November 29, 2010
There is nothing amiss with exceptionalism, never mind the slurs against it by the likes of NYU Law Professor Ronald Dworkin (in The New York Review of Books). To regard the United States of America as a country that's exceptional – meaning the likes of which ...
Do We Have a Moral Nature?
November 27, 2010
It is often held, by admirers of modern science (which took off around about the 15th century) that if human beings are parts of nature, there can be no room for morality in their lives. They are then simply complicated machines working as they must, with no po ...
Dogmatism on the Left
November 25, 2010
As a loyal reader of books, articles and columns by members of the American intellectual left, I marvel often at just how blind these folks can be to their own dogmatism. Folks like these routinely charge those whose politics and economics they dislike with thi ...
Are Air Travelers Criminal Suspects?
November 23, 2010
The growing revolt against invasive TSA practices is encouraging to Americans who are fed up with federal government encroachment in their lives. In the case of air travelers, this encroachment is quite literally physical. But a deep-seated libertarian impulse ...
Are Corporations People?
November 23, 2010
Much fussing is in evidence from certain circles some heavy hitters, like Professor Ronald Dworkin - about the Supreme Court's recent ruling that protects corporations against government intervention when they make political contributions. The common complaint ...
Introducing the American Traveler Dignity Act
November 20, 2010
Washington D.C. – Congressman Ron Paul Thursday introduced legislation designed to stop abusive TSA practices that treat American air travelers like criminal suspects. "Enough is enough" Congressman Paul declared in a speech before the House of Representative ...
Is Capitalism Cruel?
November 20, 2010
Now these issues must always be dealt with comparatively - is capitalism cruel, harsh, heartless compared to what? Some folks I know have maintained that compared to socialism, capitalism is indeed all these things but I just cannot buy it. Partly it's because ...
The World Shorts the Dollar
November 17, 2010
A remarkable confluence of recent events has brought unprecedented but very welcome attention to both U.S. monetary policy and the global political economy in general. First, Federal Reserve Board Chairman Ben Bernanke recently announced that the Fed would emba ...
Private vs. State Schools & Free Speech
November 17, 2010
Much fuss is afoot now about how various schools, especially colleges and universities, are dealing with the airing of controversial topics. Although by my count this isn't some kind of epidemic, in several schools the administrators have decided they do not wa ...
Besmirch & Divert
November 12, 2010
Ever since President Obama took office, his proposed public policies have been defended doggedly by all those who favor an increasing large scope for the federal government. Health care/insurance is just one of these policies but, of course, his way of dealing ...
Entitlement Foibles
November 11, 2010
Gloating as they are too often wont to do, modern welfare state liberals are eager to point out that when it comes to proposing cuts in government spending, many who advocate it will not be specific. Even more telling, the liberals hold, is the fact that few if ...
A Return to the Gold Standard?
November 09, 2010
Over the weekend of November 6-7, 2010, World Bank president, Robert Zoellick , proposed in a column written for the Financial Times that the global economy once more be linked to gold as an anchor to help maintain currency stability and reduce inflationary exp ...
Reject the Welfare/Warfare State
November 09, 2010
Last week's midterm elections have been characterized as a victory for grassroots Americans who are fed up with Washington and the political status quo. In particular, the elections are being touted as a clear indicator that voters demand reductions in federal ...
Tree Hugger Hypocrisy
November 09, 2010
I live in Silverado Canyon, about 7 miles east of Irvine Lake in Orange County, California, and it is a very pleasant place except for the fact that there is a small group of residents who want to dominate the place with their personal life style. They are bent ...
Yes! PBS (and NPR) Ought to Go!
November 06, 2010
ctually, I don't care how Let wing any national medium happens to be, so long as I am not forced to pay even a penny for its upkeep. There are dozens of very prominent magazines with a Left wing editorial policy – The Nation, Progressive, Mother Jones, Utne R ...
Two Cheers for the Gridlock
November 04, 2010
On one of those few occasions that I have managed to rub elbows with a hero of mine, I caught Milton Friedman on a TV program endorsing the gridlock in Washington during a recent administration – I believe it was President Bill Clinton's second term. One poin ...
More Real Bill Fallacies
November 03, 2010
In the first article of my two-part series on the Real Bills Doctrine (RBD), in commenting on the Daily Bell's interview with Professor Lawrence H. White on October 10, 2010, I made the central point that the source of commercial credit is not saving but consum ...
Saudi Arms Deal is About Iran
November 02, 2010
This month the US Administration notified Congress that it intends to complete one of the largest arms sales in US history to one of the most repressive regimes on earth. Saudi Arabia has been given the green light by the administration to spend $60 billion on ...
The Observers
November 01, 2010
Many contemporary intellectuals have a problem. They are theoretically committed to the idea that they can be no more than observers of human life and make no value judgments about it. This is because the philosophical basis for evaluating people, their conduct ...
Real Bills and Gold
October 30, 2010
The Daily Bell published an interview with Dr. Lawrence H. White, Professor of Economics, George Mason University, on October 24, 2010. One of the questions the interviewer asked was this: "Please comment on real bills and how they work." In his answer Professo ...
Equality Is Only a Cheap Dream
October 30, 2010
Two academic researchers, both of them psychologists, have recently rekindled all the fuss about inequality of income in the United States of America. Mostly this topic has been the province of political philosophers, economists and theorists, many of whom have ...
Is There Life After Sudden Death of the International Banking System?
October 28, 2010
The debate on the Real Bills Doctrine (RBD) within the sound money movement is important because the international banking system, financing world trade as well as domestic trade, is facing its greatest challenge in all history. Indeed, it may succumb to the su ...
Charity and Generosity That Aren't
October 28, 2010
In a recent stump speech urging people to keep Democrats in power, President Obama told his audience that America is a country based in large measure on the principle that "we are all our brothers' keepers." This is not true, but even if it were and even if tha ...
Democracy and Human Rights
October 27, 2010
Tim Snyder made a very important observation on democracy and human rights in a recent piece for The New York Review of Books. He wrote, "As important as democratic procedures might be, opponents of communism in Eastern Europe spoke more often of human rights. ...
Government and Job Creation
October 26, 2010
As the current economic downturn shows no signs of lifting, we hear quite a lot of rhetoric from current and potential office-holders about what government can and will do to create more jobs. This is especially disconcerting to those who understand that the be ...
Anti-Intellectualism Among Animal Rights Advocates?
October 26, 2010
It is only a small sample but it comes from a significant corner of the academic community, a law school where I was invited to give a talk on the debate about animal rights. I did deliver such a talk at the University of Wisconsin, Madison, law school on Octob ...
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