Put the Independence Back in Independence Day

The American Revolution remains unique in human history: a revolution–and a nation–founded on a moral principle, the principle of individual rights.

Universal Health Care Freedom on the Fourth of July

It is precisely because our health care is so important to each of us that we need to be especially careful to preserve and protect the rights of physicians and other health care providers.

On July 4th: Love America or Lose Her

Patriotism is more than a sentiment. It is a necessity. To keep what history has presented to us, Americans must either love it or lose it. Balkanize America and you risk becoming the Balkans.

Trump’s Iran Strikes are Constitutional

The original draft of Article 1 allocated to Congress the power to ‘make war.’ But James Madison, the father of our Constitution, demanded that it be amended so that the president would have broader authority to take actions in defense of our country.

Explore over 9,000 free-to-read articles on capitalism, socialism, politics, economics, and individual rights.

CULTURE

Philosopher Ayn Rand on Capitalism vs Communism

In this 1961 lecture, delivered to the Presidents Club of the American Management Association, Ayn Rand outlines commonly heard arguments for capitalism and emphasizes that the only proper defense is a moral one. She seeks...

The Virtue of “Playing God”

Thanks to infighting in the Senate, it appears that voting on legislation that would destroy the lives of life-saving heroes will be delayed until next year. Americans cannot afford to leave the fate of these individuals to legislative chance, however; in the name of...

“Affirmative Action” and College Graduation Rates

Some thought that racial preferences and quotas -- "affirmative action" -- in university admissions decisions were on their way out after they were banned by the 5th Circuit Court of Appeals in Texas and by Proposition 209 in California. However, the 6th Circuit Court...

SCI-TECH

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LAW

Offensive Speech

Offensive Speech

It’s fine if the NBA — or any private group — wants to censor speech on its own property. But it’s important that government not have the power to silence us.

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WORLD

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MARKETS

Morality of Free Markets

Morality of Free Markets

If millennials and others want to wage war against government favors and crony capitalism, I’m with them 100%. But I’m all too afraid that anti-capitalists just want their share of the government loot.

Global Currency Meltdown

As the recession and resultant stimulus packages add to higher unemployment and increasing public-sector deficits, the government is seeking to boost the value of overseas earnings that are accrued by US corporations. To aid in this effort, the Fed is being...

Tax Cuts Won’t Cut It

Congressional Republicans and Democrats are engaged in a heated debate over which Americans deserve not to have their taxes raised, with both claiming that some form of tax cut will stimulate the economy. The primary point of divergence is what type of cuts will be...

Gold versus US Treasuries: Which Do You Believe?

Any psychoanalyst looking at the behavior of investors today would see clear strains of schizophrenia in a comparison between the markets for gold and US Treasuries.     Currently, the 10-year Treasury yield is setting new lows on a daily basis. In...

POLITICS

Supposed “Varieties” of Capitalism

Supposed “Varieties” of Capitalism

Does capitalism exist in “varieties,” as scholars began to insist two decades ago, or is it a unique social system fundamentally unlike all others? If there is a “pure” form of capitalism, what alterations or transformations render it impure? How impure must it become before we should cease calling it capitalism and call it something else instead?

Inarticulate Republicans

If the continued existence of mathematics depended on the ability of the Republicans to defend the proposition that two plus two equals four, that would probably mean the end of mathematics and of all the things that require mathematics. Republican Speaker of the...

Who Shut Down the Government?

The money voted by the House of Representatives covered everything that the government does, except for ObamaCare. If Senator Reid and President Obama refuse to accept the money required to run the government, because it leaves out the money they want to run ObamaCare, that is their right. But that is also their responsibility.

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