by Robert W Tracinski | May 31, 2000 | POLITICS
Presidential candidate George W. Bush recently announced that he would campaign for the partial privatization of Social Security. Under Bush’s proposal, taxpayers would be allowed to invest a portion of their Social Security taxes in the stock market.This plan... by Andrew West | May 30, 2000 | POLITICS
Last month, the formulators of the Nikkei 225 attempted to update the index in order to reflect the growth of the high-tech sector in the Japanese economy. While editors at the Nihon Keizai newspaper were operating on the belief that the index had become increasingly... by News Wire | May 28, 2000 | POLITICS
Many people understand that capitalism is a practical means of creating wealth, but few would argue that capitalism is moral.
by Rob Tarr | May 27, 2000 | Money & Banking, POLITICS
What do low interest rates have to do with causing the government to inflate the money supply?The link between Fed-manipulated interest rates and the money supply is a direct, causal one. The interest rate in question is the ‘Fed Funds rate’. This is the... by Andrew West | May 26, 2000 | POLITICS
For the sixth year in a row, Hong Kong has been named the world’s freest economy in the Heritage Foundation’s annual “Index of Economic Freedom.” One of the reasons for this is its low taxes, and what the Hong Kong government boasts on its web... by Prodos Marinakis | May 24, 2000 | POLITICS
CM: Another question for you Dr Andrew Bernstein. Just as when a great artist portrays a simple piece of fruit in a distinctive, compelling way – so that after we’ve seen his painting we never look at fruit or color or texture in the same way – I... by Prodos Marinakis | May 23, 2000 | POLITICS
“The essence of heroism is an unbreached and unbreachable allegiance to the good in the face of any possible form of opposition”–Dr Andrew Bernstein Prodos for Capitalism Magazine: What do these people have in common? Galileo, Thomas Jefferson,... by Andrew West | May 22, 2000 | POLITICS
After the NASDAQ Composite Index slid 33% from March 27th to its dramatic one-day decline on April 14th, most people weren’t sure what had happened – or why it happened. The financial press was in an uproar trying to make sense of everything, and even now,... by Larry Elder | May 21, 2000 | POLITICS
“They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” Ben Franklin’s statement remains true today. But the absence of rule of law produces anarchy. In the most far-reaching corruption...