A Superior Vision

The immorality associated with violation of the principle of self-ownership lies at the root of problems that could lead to our doom as a great nation.

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Celebrate the Industrial Revolution

On April 22, thousands will gather across the country to celebrate Earth Day, a holiday that has risen in the past decade from obscurity to the status of a mainstream, uncontroversial event. After all, who could be against clean air, clean water, and a healthy...

An Elegy for Elian Gonzalez

It finally happened: Elian Gonzalez has been reunited with his father. The President, the Attorney General, Congress, the media and a majority of the American people got the reunion they wanted at 5 a.m. last Saturday morning–at the point of a gun. For all the...

The Curse of Frankenstein

Ever since Mary Shelley wrote the original Frankenstein story in 1818, it has stood as the symbol of a false and destructive idea: the idea that science and technology will inevitably produce monsters. The story of Frankenstein has come to be used, not as a criticism...

The Curse of Frankenstein

Ever since Mary Shelley wrote the original Frankenstein story in 1818, it has stood as the symbol of a false and destructive idea: the idea that science and technology will inevitably produce monsters. The story of Frankenstein has come to be used, not as a criticism...

“Look at ’em quit!”

At the end of the classic Western, “Rio Bravo,” when the bad guys came running out of a blown-up house holding up their hands in surrender, John Wayne’s sidekick couldn’t help but exclaim “Look at ’em quit!”. These days,...

The Philippines Market: Flying off the Radar Screen

Have you ever noticed how little you hear about the Philippines market in these days? When was the last time you heard about a hot stock tip from that country? The Philippines contains a lot of people, about 72 million in fact, and it also has reasonably good...

Breaking the Tokyo Banks?

Back in 1998, the big question in Japan was which, if any, of Tokyo’s big banks could escape collapse. Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan’s big banks were in a serious...

An Insolvency that is Good for Thailand

Last Wednesday, 15 March 2000), a Thai bankruptcy court declared that Thai Petrochemical Industry Plc., (TPI) was insolvent. Thai investors, while hardly jubilant, were likely to be relieved about one thing: a Thai company can no longer refuse to pay back creditors...