EDITORIAL Showing 1801 - 1850 of 1917
What You Always Wanted to Know About Gold
June 12, 2010
To say that the gold standard is not practicable is the same to say that honesty is not practicable, and Constitutions are made to be blithely ignored when convenient. The American Constitution, for example, mandates a metallic monetary standard for the United ...
Democracy vs. Liberty
June 12, 2010
Professor Benjamin Barber, author of the book Strong Democracy (1984), was recently a guest on John Stossel's FOX Business News Network program honoring the memory and ideas of Milton Friedman who wrote the world famous book Free to Choose (1980) and has been f ...
Nasty Effects of Egalitarianism
June 11, 2010
Ideas do have consequences. You come to believe that you are invincible, you will take risks more readily. You believe government will bail you out, cover your debts up to a certain amount, you will borrow more (indeed, your financial advisor will tell you you ...
A Mother's Politics
June 09, 2010
In his heartfelt eulogy for his mother, Jean Biden, Vice President Joe Biden quoted some words from her, very approvingly. These included the idea that "Everyone is your equal, and everyone is equal to you." Furthermore, in his autobiography the vice president ...
Why Governments Hate Gold
June 08, 2010
This past week several emerging and ongoing crises took attention away from the ongoing sovereign debt problems in Greece. The bailouts are merely kicking the can down the road and making things worse for taxpaying citizens, here and abroad. Greece is unfortuna ...
The Foundations of a Free Society
June 08, 2010
Some years ago, shortly before the collapse of the Soviet Empire, I was an invited speaker at a conference of company CEOs and presidents in Acapulco, Mexico. Another of the speakers was Gennady Gerasimov, who you may remember was Gorbachev's spokesperson to th ...
Equality vs. Diversity
June 07, 2010
For the last couple or so decades the universities and colleges where I have taught - and by all accounts, most of them in the USA - have had two mutually exclusive social objectives. (Yes, Virginia, higher education is now mostly embarked upon pursuing social ...
Prof. Krugman Is Wrong Again
June 05, 2010
While Prof. Krugman and most other fiscalists believe this to be self-evident, it is not. Indeed, this fiscalist dogma fails to withstand the indignity of empirical verification. Prof. Paul Krugman's formulation fails to mention the state of confidence. This is ...
What Do We Cherish as Americans?
June 05, 2010
In a recent talk, responding to the Arizona law that's said to be aimed at containing illegal immigration, President Barrack Obama stated that this piece of legislation "threatens to undermine basic notions of fairness that we cherish as Americans...." I am not ...
Ignorance vs. Intervention
June 04, 2010
Some of the most prominent and influential defenders of the regime of individual liberty, such as F. A. Hayek, Milton Friedman, Richard Epstein, Don Boudreaux and others, have argued that the main reason adult men and women must be left free from others' interf ...
Put Patients and Doctors Back in Control of Healthcare
June 02, 2010
Most everyone agrees that health care in the United States has major problems, the biggest problems relating to skyrocketing costs. No one doubts the system is in need of reform. However, too many in Washington see tighter government controls as the solution. I ...
Tea Party Versus ACORN, etc.
June 01, 2010
It is one thing to be against the ideas of some organization, quite another to be against organizing itself. Why would organizing be proper and commendable for Leftist causes but not for those of the Right? The Tea Party isn't some criminal gang burning down bu ...
Rights May Never Be In Conflict
May 31, 2010
If rights were no more that fancy ways of expressing preferences – in short, if morality and politics could only produce emotional expressions-there would be no doubt about the possibility of conflict between rights. Those who embrace the emotivism of the lik ...
Are Kids Altruists?
May 28, 2010
I will not address whether babies have a sense of right versus wrong, only the way this matter was reportedly tested by the researchers who investigated it. Paul Bloom and his wife, Karen Wynn, of the Infant Cognitive Center at Yale University, conducted studie ...
Who Is Free to Discriminate?
May 26, 2010
Everyone who is awake discriminates – it is what people do with their minds, it's the way they know the world, more or less well. The kind of discrimination that's objectionable is when people use irrelevant attributes of others to classify them – like thei ...
More Blank Checks to the Military Industrial Complex
May 25, 2010
Congress, with its insatiable appetite for spending, is set to pass yet another "supplemental" appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal g ...
Dealing With Racists in a Free Market
May 24, 2010
Finally, the Rand Paul furor, we have an issue in politics worthy of sustained, serious attention – How should people who act badly be dealt with? More particularly how should people who discriminate based on irrelevancies such as race, sex, national origin, ...
Freedom of Association and Rights
May 22, 2010
A big flaw of the famous 1964 Civil Rights law is that it engages in regimenting who may or must associate with whom in private commerce. Among free men and women no such regimentation by government is permissible even if, to quote one prominent Republican "it ...
Beware an 'American Style' Federalized EU
May 21, 2010
The corrupt, power-hungry EU elites like politicians here in America are always ready to use a crisis to advance their agenda of accumulating power, increasing taxes and controls over local governments and independent citizens. Contrary to their false promises ...
Charles Krauthammer's Fallacy
May 19, 2010
In a recent discussion about the war on drugs Charles Krauthammer, the most avidly conservative columnist in the nation's capital (and who writes for The Washington Post), defended the war by comparing the abuses associated with it – such as police raids on h ...
The Government as Identity Thieves
May 18, 2010
The spotlight remains on the Greek sovereign debt crisis as the riots continue. The terms of the Greek bailout from the IMF and Eurozone countries remain contentious with citizens on all sides. Europeans hate having their governments throw public money away as ...
The New Austrian School of Economics
May 15, 2010
The Austrian School of Economics dates its beginnings back to the publication in 1871 of a slender volume: The Principles of Economics(Grundsätze der Volkwirtschaftslehre) by Carl Menger. The adjective "Austrian" was meant to be derogatory, introduced by eco ...
Hyperinflation or Hyperdeflation
May 14, 2010
James Turk's article Hyperinflation Looms dated April 20, 2010, is based on Quantity Theory of Money (QTM). It draws an analogy between Weimar Germany of 1923 and the United States of 2010. Both precepts are invalid. As far as the QTM is concerned, it suffices ...
Europe's (and our coming) Tragedy of the Commons
May 14, 2010
The gist of the tragedy is that commonly held (important) resources will be depleted and will not be replenished. And this doesn't apply only to how the wilds are being ruined by being held in common but also to national treasuries which everyone in a country b ...
The Charlie Brown Syndrome
May 12, 2010
America is no stranger to the ditches along with the fools who persist in driving us there; and the world of politics is an excellent arena to demonstrate this fact. For over four decades now from 1968 to 2010, the Republican Party hierarchy has been playing th ...
Fed Audit Under Fire
May 11, 2010
It doesn't come as too much of a surprise that the measure to audit the Federal Reserve is coming under continuous fire from the central bank and its cronies. For the first time since the Federal Reserve was created nearly a century ago, they have hired an actu ...
The Fatal Allure of Pragmatism
May 10, 2010
For the country, then, to have developed the pragmatic approach to law and public policy is a tragic contradiction. All of the fundamental ideals and principles that America is known for is rejected by pragmatism and pragmatists. They take them to be myths or, ...
My Pitch for Some Solid Selfishness
May 08, 2010
Hardly anyone will dispute that most folks who chime in about ethics consider selfishness wrong. There have been exceptions in history and some of the most prominent ethical philosophers, such as Socrates and Aristotle, can even be said to have been ethical ego ...
Congress Freezes Its Own Pay
May 05, 2010
Last week Congress did something fiscally responsible. It's not very often I can say that. Granted, it was small in the grand scheme of things, but I was glad to be an original cosponsor, along with Congressman Harry Mitchell of Arizona, of a bill to block the ...
The Folly of Fairness
May 05, 2010
So Bill Gates sold me some software when he was still in that business. He was then immensely rich, certainly compared to me. I was not compared to him. How unfair, you say? But Bill took his gains from this trade and used it to feed starving African children, ...
Egalitarian Straitjackets
May 03, 2010
In numerous areas of human life treating people in nearly exactly the same way may make sense. Thus, for example, when you go to your dentist, you are probably implored to floss – and so is everyone else who visits dentists. Other doctors, too, will prescribe ...
Corporate Socialism
May 01, 2010
The idea that making a profit is somehow ignoble has ancient roots. Partly it stems from the utterly fallacious notion that when someone wins, someone else must lose. So if you go to the mall and purchase a sweater you really like, you must rip off the store wh ...
Potpourri of Volcanic Ash, Goldman Concerns, Chinese Currency Manipulation and More…
May 01, 2010
We truly live in a convoluted and strangely chaotic world. This last week alone has been a mix of all kinds of 'Updates' -worthy matters to discuss, one interlinked with the other. Where should I start??? Goldman Sachs? Eyjafjallajokull (the ominous volcano in ...
Are Regulators Incorruptible?
April 29, 2010
Enthusiasts for increasing government regulations of people in business, including those in the financial markets, never bother to answer the one basic question that any rational person would need to have answered before joining them as champions of their propo ...
Socialism vs Corporatism
April 27, 2010
Lately many have characterized this administration as socialist, or having strong socialist leanings. I differ with this characterization. This is not to say Mr. Obama believes in free-markets by any means. On the contrary, he has done and said much that demons ...
Anti-Libertarian Point Refuted
April 27, 2010
Here we have a blatantly misleading assessment of a free society as well as men and women in such a society. Yes, Honderich is right that no one has an enforceable claim on other people providing food for them. There is in such a country no legal right to be su ...
Saving America from Corporate-Statism
April 24, 2010
As America sinks deeper into the tyranny of bureaucratic corporatism via today's incestuous relationship between Washington and Wall Street, it is understandable why many among the citizenry have become disgusted, and it is gratifying that thousands of Tea Part ...
Skepticism About Government Regulation
April 24, 2010
Indeed, it seems to be common sense to worry about investing government with all the power being advocate for it now by Mr. Obama and Co., since, to put the matter simply, there is no reason to think that those who are the government possess any superior virtue ...
Justice and Commercial Crime
April 21, 2010
No one in his right mind denies that people in commerce can become criminals. That's because people in any walk of life can--it is a basic human capacity not only to do something wrong but to hurt others with it. No other known animal is like us in this respect ...
End the Mandate
April 20, 2010
Congress made a grave error by forcing all Americans to purchase health insurance. The mandate violates fundamental principles of individual liberty, and will lead to further government involvement in health care. It is time for legislation that fights back for ...
Thanking Mr. Obama?
April 19, 2010
When President Obama recently admonished members of the Tea Party, urging that they show him gratitude, that they thank him, he demonstrated quite unambiguously his adherence to the doctrine of statism, one that includes monarchism, czarism, Caesarism, and all ...
HIRE, FATCA, QFFI – Beware of Rampant Laws in Response to Rampant Spending
April 17, 2010
Indeed, over the past few weeks, an amazing sequence of laws, treaties and acts have been put in place to facilitate more deficit spending and more big brother powers. None of these laws enhance your liberties. None of them are aimed at protecting fundamental r ...
Protection Versus Coercion
April 15, 2010
In matters of human conduct it is vital to distinguish between actions that coerce others to do something they must be in charge of choosing either to do or not do, versus resisting their attempts to coerce someone. If I try to make you eat your vegetables and ...
The FCIC: Passing the Buck
April 13, 2010
Last week the federal government's Financial Crisis Inquiry Commission held hearings as part of their continuing investigation into the causes of the acute economic meltdown which occurred in late summer 2008. This bipartisan commission, partly inspired by the ...
Defending Liberty the Best Way
April 10, 2010
When liberty is attacked by its critics and enemies, often defenders pull out the skeptical ploy: "No one can know right from wrong, so no one may force others to comply with any standards of right versus wrong. Who can tell how we ought to act? And if no one c ...
Government and Gasoline
April 06, 2010
As we head into the summer driving season and gasoline prices are again creeping up, the administration has announced plans to explore opening up more off-shore areas for exploration and drilling. On the one hand this can be lauded as a positive step. On the ot ...
So Then Be a Proud Socialist
April 06, 2010
It is disgusting to witness all the dishonesty surrounding the current administration's public policy efforts. Even the new language columnist of The New York Times Magazine is in denial and pretends to consider it some kind of smear - even conspiracy - for tho ...
Jeffersonian Conservatism Versus the Neocons
April 03, 2010
Jeffersonian Conservatism offers us salvation. Its fundamentals of reason, universalized natural rights, and moral idealism are the vital antidotes to reverse the plague of authoritarian statism presently destroying the West. Without its restoration, an alien d ...
The Ethics of Tax Resistance
April 03, 2010
Although there could be variations in how one ought to resist (dodge, avoid, legally contest, etc.) taxation, the answer to whether those subject to the institution are ethically justified in making the effort to resist it is in the affirmative. Yet, as with al ...
Government School Lesson #758
April 01, 2010
The New York Times reports that according to a ruling by a federal judge "a Mississippi school board was grossly discriminatory and mean-spirited when it told Constance McMillen that she could not attend her high school prom with her girlfriend." According to t ...
Showing 1801 - 1850 of 1917 – Newest on Top

loading