Too Big To Bail

Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers–borrowers whose ability to pay...

Why Businessmen Love Atlas Shrugged

If you ask any hundred successful businessmen chosen at random to name the book that has most inspired them, you will undoubtedly hear one title repeated over and over: Atlas Shrugged–Ayn Rand’s epic novel, which celebrates its 50th anniversary this month....

Who Really Supports Our Troops?

In the aftermath of General David Petraeus’s controversial report to Congress on the progress of the troop surge in Iraq, debate over what to do with our troops in Iraq is as strong as ever. And, as always, both liberals and conservatives claim that they, and...

Celebrating Income Inequality

Democrat and Republican candidates for President are debating one another on nearly every issue–but nearly all are united on one thing: America faces a crisis of “income inequality.” The rich are getting richer, the refrain goes, while the poor and...

What to Do About Rising Gas Prices

With gasoline prices at their highest point in recent years, the knee-jerk response of many is to call for the government to “do something” to force prices lower. But no matter what the price of gasoline is, such calls are wrong. All market fluctuations in...