Medicare Spending is the Largest Driver of the US Debt Crisis

Why We Can’t Grow Our Way Out of the Medicare-Driven Debt Crisis.

Justice in Caracas

Venezuela has a chance at revival. America has removed a security threat. And autocrats everywhere just learned that no palace provides immunity from justice.

Venezuela—Indictments, Invasions, and the Constitution’s Crumbling Guardrails

Article I commits to Congress—not the president—the power to decide when the United States will initiate hostilities against foreign sovereigns.

Books: A Rebel in Eden: The War Between Individualism and Environmentalism

A Rebel in Eden: The War Between Individualism and Environmentalism, by Robert Bidinotto, explains the philosophic foundations of the modern political movement, theories that, in some cases, go back centuries.

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

POLITICS

The 2012 Democratic National Convention

Barack Obama, America’s 44th president, loped into the arena last night applauding himself. When he stepped up to the podium, his eyes looked tired and his eyelids were heavy. He said next to nothing, really, which is what he stands for. It’s what his presidency...

Anti-Romneyites for Romney

Advocates of individual rights sometimes debate whether it's better to vote for the Republican, or to abstain altogether (or vote for a third-party candidate with zero possibility of victory.) I like the way Ayn Rand put it back in 1972, the last time (other than...

Bleeding Heart Capitalism

You’ve heard it millions of times, and you heard it throughout the Democratic National Convention: There are the “haves” and the “have nots.” Those who have are duty-bound to give to those who do not have, based on the supposedly moral imperative of redistribution....

CULTURE

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WORLD

Trade Deficits with China: An Economic Analysis

The rapidly rising U.S. trade deficit with China is quickly becoming a political issue. Many members of Congress are warning that China needs to take action, such as raising its exchange rate, to deal with this problem before it leads to protectionist legislation. A...

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MARKETS

What Makes Money Trustworthy?

What Makes Money Trustworthy?

I don’t trust politicians, generally, but I especially don’t trust them with money. Since the U.S. went off the gold standard, the dollar has lost 80 percent of its value.

The Anti-Free Trader’s True Enemy

There's the "Free Trade but Fair Trade" crowd, and the "Level Playing Field" crowd, and the "America First" crowd, all calling for tariffs and other international trade restrictions. Their supposed adversary is corporate America, seeking to boost profits by either...

The Case for Free Trade

The fear of other people’s intelligence and ability applied to the production of goods we consume is not only profoundly wrong but also extremely dangerous.

LAW

Columbine Survivor Asks the Hard Questions About Guns

Columbine Survivor Asks the Hard Questions About Guns

It’s amazing. When Hollywood celebrities who support gun control or gun bans advocate these policies, we’re supposed to humbly and uncritically listen. Even when some celebrities, such as Rosie O’Donnell, support gun bans while claiming special exceptions for...

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SCI-TECH

Value Created by First Martian Explorer

In my article "Mars: Who Should Own It," I stated: Whoever implements the concept of getting to Mars and living there turns a virtually worthless ball of rock into something of substantial value. Let's check my premises. First: Will Mars, after a successful mission,...

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