Culture >

If You Are Warm Right Now, Thank Capitalism
Last night the temperature fell 3 degrees an hour. As I write this, it is negative 10 degrees outside. A “once in a generation” polar vortex has swept into the American Midwest from the Arctic. I am lucky to be alive. It would take me just a couple of hours to die…
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Law >

Hillary Clinton Insults Herself–and Women Everywhere
Hillary Clinton recently said she hoped the U.S. would elect a woman to the White House because it would send “exactly the right historical signal” to men, women and children. She said women in politics need to “dare to compete” and the nation…
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Politics >

Race-Tinted Glasses
Random Thoughts While Not Out ‘Protesting’
Lessons From the Bailout
In my more cynical moments, I think that we Americans deserve what we get from our politicians, many of whom can be generally described as nothing less than loathsome. You say, “Williams, that’s a pretty heavy putdown.” My question to you is how else…
The Real Obama on Education
What about those “real issues” that Barack Obama’s supporters in the media say we should get back to, whenever some new unsavory fact about his past comes out? Surely education is a real issue, with American school children consistently scoring below…
The Real Obama
Critics of Senator Barack Obama make a strategic mistake when they talk about his “past associations.” That just gives his many defenders in the media an opportunity to counter-attack against “guilt by association.” We all have associations,…
In Defense of Speculators and Short-Sellers
Everywhere today government bureaucrats and media pundits blame unwanted price movements on speculators and short-sellers. If prices are “too high”–it’s the fault of greedy speculators; if prices are “too low”–it’s the…
The Financial Panic and the Only Proper Answer to It
One fact is absolutely clear: most of the blame for the current financial panic is utterly misdirected. Rather than hold accountable the irrational government policies that encouraged irresponsible lending and mountains of homeowner debt (and those who supported these…
World >
London Terrorism: British “Covenant of Security” with Islamists Ends
The country had gone from safe haven to enemy camp.
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Markets: Business & Economics >

How Much Damage Will Come from this Trade War?
First, the good news: the U.S. and world economies have not imploded, so far, as fallout from the rising trade tensions between the Trump administration and Xi Jinping’s government in China. Now, the bad news: there is no certainty that this will not play itself out…
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Science & Technology >
Dispelling Some Crude Myths About Oil’s Real Impact
Economists are beginning to panic about the recent run-up in the oil price (+36%, year to-date, to $44.4/barrel) and its likely future impact on stock prices, profits and output in the U.S. But there’s no reason to panic. A fast-rising oil price is no necessary…
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