Christmas Should be More Commercial

It is time to take the Christ out of Christmas, and turn the holiday into a guiltlessly egoistic, pro-reason, this-worldly, commercial celebration.

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Money and Banking Under Laissez-Faire Capitalism

This talk examines the development, operation and performance of monetary systems in the absence of government intervention.

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Monopoly Money: The Destabilizing Consequences of Central Banking

How currency monopolies promote booms and busts, and having a lender of last resort leads to moral hazard and financial instability.

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Put Amtrak Out of Business

Q: I sure hope Amtrak will get all the money it needs to keep operating, don’t you? I can’t believe there are people who would be willing to let the nation’s rail system grind to a halt. A: And I can’t believe that David Gunn, Amtrak’s...

Capitalism Without Capital

“There is no capitalism without conscience. There is no wealth without character,” President Bush told Wall Street yesterday. True. But if business owners are not smart enough to see that it’s in their own economic self-interest to be honest with...

American History vs. Affirmative Action Hogwash

Bill O’Reilly of “The O’Reilly Factor” is one of the few major media figures who does not hesitate to criticize Jesse Jackson, so it was appropriate that the author of a critical new book about Jackson appeared on that program. The book is...

Which is Worse: WorldCom or Congress?

President Bush said he was “deeply concerned” about some of the accounting practices in corporate America and called “outrageous” the disclosure that WorldCom, which is $32 billion in debt, had hidden $3.8 billion in expenses. The president...

Hollywood Leftists: You Pay, We Insult

Winston Churchill, many say, once said, “A man younger than 30 who’s not a liberal has no heart and a man older than 30 who’s not a conservative has no brain.” But this fails to explain why so many Hollywood celebrities, even past their 30s,...

The Prerequisite to Peace

There are times, George Orwell is reputed to have said, when the first duty of an intelligent man is to restate the obvious. President Bush did his duty this week when he cut through the murk of the past nine years — the years of the Middle East “peace...

Small-Time Crooks

Reporters, commentators and politicians have whipped themselves into a frenzy over the recent corporate accounting scandals, heaping abuse on corporate executives in general and demanding to see the perpetrators led away in leg-irons. But is this feeding frenzy...

Murderer Not Guilty By Reason of “I Felt Like It”

Jurors in a Santa Barbara, CA, murder case recently found 20-year-old David Attias not guilty by reason of insanity for driving his high-powered Saab into a crowd of pedestrians, killing four. Here’s what his happy defense attorney had to say about the verdict:...

Hillary’s Silence on Education Fraud

The New York Times reports that Senator Hillary Clinton is nearing completion of her memoirs. Well, not actually Mrs. Clinton. A small village of personal aides and professional hacks pitched in to research and write the $8 million book. No doubt Mrs. Clinton’s...

Fallacy of More Renewables

Renewable sources of energy are greatly misunderstood in public debate. One misunderstanding is the idea that having more renewables supply our energy needs in the next decade or two is necessarily a public good. A second mistaken notion is that renewable energy...

Bush Rewards Terrorism

U.S. President George W. Bush has been adamant since Sept. 11 about stopping terrorism, but he took a firm step in the opposite direction in his speech at the end of last month. He should have told the Palestinians clearly and unequivocally that their 21-month...

Shoot to Kill

When a terrorist opened fire at an El Al (Israeli) Airlines counter yesterday at Los Angeles International Airport, an El Al security guard acted quickly and killed the assailant. Although two innocent people were tragically killed by the gunman, many more no doubt...

The Altar of Death Worship

A video released by the militant Islamic group Hamas shows a proud Naima al-Obeid holding a rifle beside her favorite son, Mahmoud, a 23-year-old college student. Mrs. al-Obeid is saying good-bye to her son as he heads out to kill some Jews. The video starts with a...