EDITORIAL Showing 1851 - 1900 of 1920
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 ...
Healthcare and Economic Realities
March 30, 2010
Those who understand Austrian economic theory know that this new model of healthcare will cause major problems down the road, as it has in every nation that ignores economic realities. The more government involves itself in medicine, the worse healthcare will g ...
Reaching Within
March 30, 2010
Anyone who engages in the practice of psychotherapy knows that it is oftentimes as much a learning experience for the therapist as for the client. Nearly thirty years ago, I conducted a therapy group in which there was a man, a few years younger than I, with wh ...
America Is a Republic, Not a Democracy!
March 27, 2010
We are making slaves out of those who are productive, and rulers out of those who gather together in bumptious mobs. We are allowing the destruction of individual rights to be justified by the might of numbers in pursuit of public handouts. The democratic major ...
What of Pre-existing Conditions?
March 25, 2010
Here is what some would consider a hard case: Someone very ill is attempting to purchase insurance but companies refuse to provide it because they have a pretty good idea that covering the illness will cost very big bucks, way above what the insured and others ...
Healthcare Reform Passes
March 23, 2010
Following months of heated public debate and aggressive closed-door negotiations, Congress finally cast a historic vote on healthcare late Sunday evening. It was truly a sad weekend on the House floor as we witnessed further dismantling of the Constitution, dis ...
Can You Get Out of a Debt Crisis by Piling on Another Layer of Debt?
March 22, 2010
The threat of this happening in other nations is quickly growing in the minds of politicians, investors and citizens around the world. The threat of lost trust, leading to a higher cost of servicing debt and financing deficits, leading to a visible loss of cred ...
Supporting the War Instead of the Troops
March 20, 2010
Last week, Congress debated a resolution directing the President to withdraw our troops from Afghanistan no later than the end of this year. The Constitution gives the power to declare war to the Congress, so it is clearly appropriate for Congress to assert its ...
The William Tell Initiative: For When the Swiss Have Had Enough
March 20, 2010
Switzerland has long been an irritant to pushy governments everywhere. The country's availability and reliability as a place to store wealth undermines the power of foreign governments to exploit their own citizens. That chronic irritation may help explain the ...
Democracy and Liberty
March 20, 2010
The point deserves to be made over and over: majorities have no just authority to trump individual rights! That old dependable standby of the lynch mob is a perfect illustration of this. Just because the whole town wants to hang the suspect, it doesn't follow t ...
The Free Market of Ideas
March 16, 2010
As my career in academia winds down, hopefully not too rapidly, I reflect on just how odd it is that in the United States of America, the leaders of which often boast of being the freest country in human political history, most of education is the province of g ...
Census: A Little Too Personal
March 13, 2010
Yet there are consequences for not submitting to the census and its intrusive questions. If the form is not mailed back in time, households will experience the "pleasure" of a visit by a government worker asking the questions in person. If the government still ...
Texas Textbook Troubles
March 13, 2010
In a free and open society there will be a great variety of ways that people, even the most highly educated ones, will see the country's history, especially when it comes to politics and economics, as well as whatever other disciplines study. Few Americans coul ...
Is Quality Health Care a Fundamental Right?
March 10, 2010
Now the big problem with this is that while respect for another's right to life or liberty requires nothing more from someone than to abstain from killing (or assaulting or kidnapping) that individual while respecting the right to, say, health care requires act ...
Big Lie Theory Flourishes
March 08, 2010
What they say is, well, a big lie, although for The Times it is routine by now, what with the leadership of hyper-Keynesian Paul Krugman on their pages when it comes to political economy. They state, clearly without any hesitation, that "For a quarter-century, ...
Tales of Strong Reforms in Iqaluit – or Possibly Just a Hoax
March 06, 2010
These questions enveloped the recent news surrounding Greek and EU sovereign credit risk. Concerns in this context have dominated financial markets and price action over the past week. The EU, led by Germany and France, has now 'dutifully stepped up to the plat ...
Property Rights and Gun Rights
March 06, 2010
Over the years the distinction between public and private spaces has become obscured. Which is why Starbucks is finding it so difficult to insist that customers do not carry weapons while in their establishment. It is because over the last several decades a doc ...
Bizarre Spending Habits
March 03, 2010
Last week I had the opportunity to bring up spending and transparency in two important hearings. On Wednesday I questioned Federal Reserve Chairman Ben Bernanke on some highly questionable uses of funds at the Federal Reserve, and on Thursday I asked Secretary ...
What Is the Public Interest?
March 02, 2010
The moral system these avid fans of statism are peddling is the doctrine of service to the public interest. You know, "Ask not what your country can do for you but what you can do for your country" and similar calls to have us all abandon the Declaration's idea ...
Going to the Roots of the Problem: Part 4 of 4
February 27, 2010
Therefore, if Americans want a stable and prosperous economy, they want a free economy (that is, one based on the free market). If Americans want a free economy, they want "a free State", that being the only kind of political system that will support and defend ...
Government Stimulus, One Year Later
February 27, 2010
Last week marked the one year anniversary of the American Reinvestment and Recovery Act, or the stimulus bill, passing into law. While the debate over its success has been focused on whether or not it is stimulating the economy and on various questionable uses ...
How About Them Philosophical Differences?
February 27, 2010
President Obama and others at the summit Thursday (2/25/10) kept talking about philosophical difference between his team and the Republicans but what did they have in mind? By "philosophical" most mean "basic," or "fundamental." Possibly "systemic" could also b ...
Going to the Roots of the Problem: Part 3 of 4
February 26, 2010
Even without much expenditure of electronic soap for their "brainwashing" by the Armed Forces' psy-ops contingents, the American people in their anonymous millions would likely accept these turns of events, and the "official" explanations for them, because by t ...
Going to the Roots of the Problem: Part 2 of 4
February 25, 2010
In light of the self-evident dangers it poses to Americans' constitutional liberties, a nationwide network of police agencies centrally controlled from Washington, D.C., is bad enough. For if such a network is not itself a "national police state", it certainly ...
Peddling the Corruption of Liberty
February 25, 2010
Ever since the idea of individual liberty has achieved some measure of credibility over the world, those who would be unseated by its limited triumph had to find some way to discredit it or trump it somehow. One way was to re-christen servitude, to make it appe ...
Going to the Roots of the Problem: Part 1 of 4
February 24, 2010
Once upon a time, not so very long ago, a certain nation was one of the richest countries in the world. [World War II] had left it a creditor nation; it was owed * * * billion[s of] dollars by Britain alone. The derelict state of the European economies gave [th ...
Are U.S. Taxpayers Bailing Out Greece?
February 20, 2010
Last week we were reminded that ours is not the only country suffering from severe economic turmoil. The Greek government is the latest to come close to default on their massive public debt. Greece has insufficient funds in their treasury to make even the minim ...
Tiger Woods Dishonored Himself
February 20, 2010
So Tiger Woods apologized for his "selfish behavior." Of course, what he did was to dishonor himself, his human self that is, not benefit it at all. Indeed, this allegedly selfish conduct of Mr. Woods has produced a few hours of sensual pleasure at the expense ...
Are All of Us Always Selfish?
February 18, 2010
The idea that everyone is always acting selfishly comes from Thomas Hobbes, mostly, though others have voiced it too. For Hobbes we are all moved by passions, such as for power or wealth or such, and this is merely the human version of the way matter behaves in ...
More Spending Is Always the Answer
February 13, 2010
Last week, the House approved another increase in the national debt ceiling. This means the government can borrow $1.9 trillion more to stay afloat and avoid default. It has been little more than a year since the last debt limit increase, and graphs showing the ...
Oh, That Egalitarian Feeling!
February 13, 2010
If I recall this right, the prominent philosopher and legal theorist, Martha Nussbaum of the University of Chicago (where she is the Ernst Freund Distinguished Service Professor of Law and Ethics), has argued that while it is true that full human equality is no ...
Spending Freeze Not Likely
February 06, 2010
Last week politicians in Washington made a few things clear about how they really feel about the state of the union. First, they are beginning to hear the growing discontent with the size and scope of government and the broken promises that keep piling up. Cert ...
Are Corporations Persons?
February 06, 2010
Actually, no one thinks corporations are persons but some do believe they are groups of persons. No one thinks orchestras, or football teams or universities are persons but many do think they are variously configured people. If this is so, then they, as groups ...
Legalize Competing Currencies
January 30, 2010
Much has been made recently about the supposed economic recovery. A few blips in a few statistics and many believe our troubles are all over. Of course, they have to redefine recovery as "jobless" to account for the lack of improvement on Main Street. But the b ...
Why the First Amendment?
January 30, 2010
It has puzzled me for some time why campaign contribution is considered a First Amendment constitutional issue. If I write out a check to some candidate, I am not talking, writing an essay, carrying some poster in a parade or anything that could be construed as ...
The Address Obama Should Have Given – For a Change to Freedom
January 29, 2010
In the face of the President Obama's determination to push for more "change" down the path of expanding political paternalism, one imagines what he might have said in the State of the Union address if he had chosen to pro pose the type of change that really wou ...
Choice and Rights
January 28, 2010
It's about who is to choose! Our rights identify the realm of our choices, where we and not others get to decide about how things go. When rights are violated, the violator deprives the rights holder of his or her proper, morally justified authority to chose. S ...
Tipping the Scales for Liberty
January 23, 2010
It has been my experience that people who take politics seriously tend to want to have their idea of a good or just system of laws fully implemented. Yet these people aren't ignorant about the poor prospects of achieving their goal. Unless a society is being ru ...
Government Is Too Big to Succeed
January 20, 2010
The Pecora Commission was stacked with big government sympathizers who blamed the free market and the gold standard without question, and without any consideration of government interference in the economy. This panel is no different. Never will they contemplat ...
Do We Need More Guilt?
January 20, 2010
The idea that just because there are other persons who are disabled or lacking in what they would want, no one may take pleasure in what he or she does have, may have a noble ring to it but it is complete folly. It is contrary to the very point of feeling sorry ...
Why the Fed Likes Independence
January 16, 2010
Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant details of agreements with banks to bail out Goldman Sachs. A ...
Real Economic Reform for a Hurting Haiti
January 15, 2010
Our televisions screens have been full of those tragic pictures of the devastation and human hardship that has been caused by the earthquake in Caribbean country of Haiti. Governments and private relief agencies are mustering their efforts to bring assistance t ...
Economic Aspects of the Pension Problem (Part 2): Productivity Revisited
January 13, 2010
In Part One I discussed the clear and present danger to pension rights: deflation as manifested by the interest rates structure that has been falling for almost thirty years, while most observers still think that the real danger is inflation. In this concluding ...
Euthanasia of the Pension Funds (Part 1)
January 12, 2010
In 1950 Mises looked at the pension problem from the point of view of the shrinking purchasing power of the dollar, a consequence of what he called the deliberate policy of currency debasement by the U.S. government. In 1950 a pension of $100 per month was a su ...
Market Interest Rates Need to Tell the Truth, or Why Federal Reserve Policy Tells Lies
January 09, 2010
Arguing that there was no reason to fear significant price inflation for the foreseeable future, the Open Market Committee also told that it was continuing to inject more Federal Reserve-created money into the financial markets as it finishes buying up by the e ...
Keynesianism Delivers a Decade of Zero
January 04, 2010
This past week we celebrated the end of what most people agree was a decade best forgotten. New York Times columnist and leading Keynesian economist Paul Krugman called it the Big Zero in a recent column. He wrote that "there was a whole lot of nothing going on ...
On Uniting the Country
January 04, 2010
On January 3rd, just after Meet the Press, NBC-TV broadcast a radio address by President Obama and while I have become nearly completely pessimistic, even cynical, about expecting anything uplifting from politicians these days -- I think there could be some and ...
GATA Sues Federal Reserve to Disclose Gold Market Intervention Records
January 02, 2010
The Gold Anti-Trust Action Committee Inc. today (Dec. 30th, 2009) brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank's records of its surreptitious market intervention to suppress the monetary metal's p ...
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