Immoral Government: “Phasing Out” Fossil Fuels

Fonda’s attack on the oil sands is inconsequential; Trudeau’s is evil.

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David Ricardo on Wealth, Inflation, and Freedom (Economic Ideas)

David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century.

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Flourishing Business Needs Free Markets

iPhones would never have been created in a centrally planned economy where the government regulates the prices, from CEO pay to those of products.

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Corporate Scandals: Where the Real Accountability Lies

By centralizing how accounting must be performed, Congress is trying to control the quality and content of information necessary for the markets to function properly. Once information is in the hands of the government, it’s only a short walk to actually dictating and managing outcomes.

Wake Up, Mr. President!

George W. Bush gave a pretty good speech back in September, and also at the time of the State of the Union in January. In those speeches, he outlined a principled defense against terrorism. The question, of course, was always: Does he mean it? It's not looking good...

How History Repeats Itself: The IBM Antitrust Case of 1972

Hear is an article I wrote back in 1972 about the IBM antitrust case. The parallels are remarkable. If you replace the then complainers such as CDC, Univac, Telex, etc. with Netscape, Sun, etc. the article would appear to be about current events. At that time, I also...

Why the Palestinians Do Not Deserve An Independent State

Empathy for the Palestinian people for being in an "occupied" territory and without their own sovereign government is horribly misguided. This is a people, aside from a few voiceless individuals, who chose as their leader an oppressive dictator who not only supports...

Putting the War Effort on Defense

Congress has no problem shelling out $6.5 billion for mass-transit systems that fewer and fewer Americans use each year. It manages to fully fund Medicare, despite $23 billion in waste and fraud each year. It pays farmers -- mostly mega-corporations, actually -- $1.3...

Call Acts of Terrorism By Their Rightful Name

On the 4th of July, an Egyptian immigrant to the United States who believes in wild conspiracy theories about Jews, is known for his great "hate for Israel," and has possible ties to al Qaeda, armed himself to the teeth and assaulted the Israeli airline counter at Los...

Airport Security: The Idiots Rule

We have no less than unadulterated idiots in charge of airport security. You say, "What is it this time, Williams?" Last month, while boarding a Midwest Express flight to Milwaukee, former Vice President Al Gore was pulled aside at the boarding gate. He was frisked...

Individual Rights & the Supreme Court

A proper government defines and protects the individual rights of its citizens. Under such a government, the courts play a crucial role; it is through the courts that men are able to settle disputes peaceably according to predetermined legal rules. It is these legal...

Glossary for the Liberal Media

Death tax vs. estate tax -- preferred term: Estate tax. Republicans call the taxes assessed on an estate valued at a million dollars or more a "death tax," while Democrats generally call it an "estate tax." "Death tax" -- used by conservative outlets like Fox --...

The Day the Earth Stood Still

One million people were there that day. They were camped out in tents on the beaches, strewn along the banks of the Indian River, gathered along highways US 1 and AIA. Every motel and private residence overflowed with visitors who had come from every state in the...

Real Patriots Support Corporate Inversions

Late last month, the House Ways and Means Subcommittee on Select Revenue Measures held a hearing on corporate inversions--the process by which an American company avoids the tax bias against its overseas income by re-incorporating to a tax haven nation. The hearing...

Random Thoughts

Random thoughts on the passing scene: A magician was asked what had happened to the lady he used to saw in half in his act. "Oh, she's retired," he said. "Now she lives in Chicago -- and Denver." Despite the rhetoric of the "haves" and the "have-nots" that is so dear...