CULTURE
Lying: What Do You Gain?
Lying is motivated by the mistaken belief that one can actually gain a value by telling a lie, to deceive others (or oneself).
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LAW
The Right to Self-Defense is Deeper than Gun Control
So many of the issues of our time — or perhaps any time — hinge on whether one considers the full context, or only one element of it.
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MARKETS
Protectionists in Plunderland
If we Americans are indeed made better off the greater are foreigners’ demands for our exports, how are we made worse off by foreigners’ economic success given that such success invariably increases their demands for our exports?
Economics for the Citizen (Part 3)
There are four classes of behavior that can be called economic behavior. They are: production, consumption, exchange and specialization.
Economics for the Citizen (Part 2)
Economic theory can’t answer normative questions.
Economics for the Citizen (Part 1)
The first lesson in economic theory is that we live in a world of scarcity.
WORLD
Arafat’s Despotism: Innocent Palestinians are Better Under Israeli Rule
To silence those who oppose him, Arafat shuts down radio and TV stations and imprisons and tortures journalists who criticize the Palestinian Authority.
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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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POLITICS
Capitalism’s Enemies Use COVID-19 Crisis as an Excuse for a Wealth Tax
Leftist politicians who want to get into our pocketbooks are beginning to argue that the COVID-19 pandemic is the best argument for a wealth tax.
Unlimited Government vs. Capitalism
In her essay, “The Anatomy of Compromise,” Ayn Rand wrote: “When opposite basic principles are clearly and openly defined, it works to the advantage of the rational side; when they are not clearly defined, but are hidden or evaded, it works to the advantage of the...
How Medical Licensing Laws Harm Patients and Trap Doctors
Government licensing of doctors is both morally and economically wrong.
It’s Twilight in America
It’s not twilight in America because Obama won. Obama won because it was, sadly, already twilight in America.