America’s a Safe Bet

Earlier this month marked an anniversary most investors would rather forget. On March 10, 2000, the Nasdaq composite index hit a high of 5049. The high for the benchmark Standard & Poor’s 500-stock index came two weeks later at 1527. Despite strong rallies...

Price Gouging

The Virginia Senate just passed the Virginia Post-Disaster Anti-Price Gouging Act of 2004, which now awaits Gov. Mark Warner’s signature. In part, the act says, “During any time of disaster, it shall be unlawful for any supplier to sell, lease, or license,...

Rattling the Chains of Slavery

The president of Brown University has appointed a committee to look into the history of the connections of that institution to the slave trade. This is to be no academic exercise of scholarly research. There is obviously supposed to be a pot of gold at the end of this...

Get Ready for the Vitamin Police

The Food and Drug Administration (FDA) is now seeking to expand its considerable powers into the regulation of vitamins and nutritional supplements. The FDA has evidently discovered that Americans, after centuries of experience doing so, cannot now be counted on to...