World
The Tragedy of Africa: Foreign Aid and Debt Forgiveness
The official declarations coming out of the G8 meetings in Scotland, as well as the raucous demonstrations surrounding those meetings, talk about saving Africa. But, looking back over the decades and generations, Africa has been "saved" so many times that you have to...
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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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Culture
The “Hoax” Behind Politically Correct College “Studies”
How can a college criticize the hoaxers but revere ridiculous journals that publish nonsense? The real “hoax” is on students who pay thousands of dollars for useless degrees in fields that end in “studies.”
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Politics
Institutional Racism in America’s Universities
Institutional or systemic racism is enshrined by many of America’s institutions of higher learning, including Harvard and Yale.
Social Security: There is No Trust Fund, Only IOU’s
How Washington Will Spend Your Taxes In 2005
United Nations Scandal: Kofi Annan Aide Shredded Thousands of Documents
Amtrak is Anti-American
Venezuelan Dictator Hugo Chavez: Castro’s Mini-Me
China Threatens U.S. Alliances
The Hypocrisy of Modern Liberalism
Markets
Why the U.S. Yield Curve Reliably Predicts U.S. Recessions
Economists, investors, and policy makers would do well to take seriously the predictive power of the yield curve, to study and comprehend not only its empirical but also its causal features.
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Law
Edward Snowden: Traitor by What Definition?
It’s now an undisputed fact, in the minds of our esteemed government officials: Edward Snowden, the man who exposed the U.S. government for spying on private, law-abiding citizens, is a traitor. Exactly how did this label get smuggled in to the whole controversy about...
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