WAR WITH IRAN
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WORLD
On The Rise of Islamic Rule in Turkey
Any “interpretation” of Islam that is consistent with the Koran as a revealed, unquestioned authority will end in a reversion to its brute, fundamental meaning: the subordination of women and non-Muslims to dictatorial rule by a clerical elite.
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LAW
Product Quality and Safety: Government Regulation or Free Competition?
In free markets with a strong protection of individual rights by the government, competition weeds out bad products and bad companies.
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POLITICS
Real Socialism Delivers Misery
When the Soviets made private businesses illegal, says Powell, “that’s about as close as the world ever saw” to pure socialism.
Bono vs. Bill Gates: A Capitalist or a Statist Route to End Poverty?
The fundamental elements of capitalism—the recognition of individual rights to life, liberty, property, and pursuit of happiness and private ownership of property—are a crucial requirement of wealth creation.
Aversion to Capitalism
Business schools do not do a good job of educating their students about capitalism.
Sex and Race Equality
Should we insist upon equal treatment of people by race and sex or tolerate differences in treatment?
CULTURE
The Lesson From Chick-Fil-A’s Appeasement
LGBT groups are not about individual rights for gays. Left-wing activist groups are about power. Appeasement doesn’t work.
Bush’s Faith is Immoral, But He’s Better Than His Christian Critics
The writer of a letter recently appearing in The Tennessean says the president's religious faith conflicts with his decision to go to war in Iraq. Many of Bush's Christian critics share this opinion. And in one sense they're right. There is indeed a major disparity...
Egalitarianism: The New Torture Rack
If you have ever wondered why the number of great artists, intellects and achievers has dwindled, you should blame egalitarianism.
Religion and Capitalism Are Antithetical
The Defenders of Capitalism Should Invoke Secularism and Reason, Not Religion and Faith, as Their Justification
MARKETS
There Will Be No New Bitcoin Man
A disturbing trend among true believers is to quip that “Bitcoin fixes this,” almost regardless of what the problem may be.
The Psychology of Bond Investors
Those who take issue with the outlook of Austrian economists in general, and Euro Pacific Capital in particular, have pointed to the persistence of low bond yields as proof that our philosophy does not hold water. We argue that as the United States takes on ever more...
Greeks Buy Time for Insolvent Bankers and Delusional Politicians
Last week, the Greek parliament voted by a narrow margin to pass an economically crippling austerity plan of some $40 billion in return for some $159 billon of fresh liquidity injections. Although many hailed the event as a needed first step on a long road to...
The Cause and Evidence of Inflation
In a heated debate on the February 1st episode of CNBC’s “The Kudlow Report”, financial commentator Donald Luskin offered his “textbook” definition of inflation as “an overall rise in the general price level.” I...
SCI-TECH
Global Warming Scares Heat Up
To understand the whole global warming debate you have to understand that it is not about any dramatic warming of the Earth. The Earth has been warming since the end of the last Ice Age with time out for some mini-Ice Age episodes. As Richard S. Lindzen, the Alfred P....
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