Obama’s Phobia of Ayn Rand

In a speech at Georgetown University we learned two things about President Barack Obama. One, he loves the Catholic leader, Pope Francis. Two, he hates Ayn Rand.


Mayor de Blasio Bully Villain; Uber American Hero

Most people mistakenly assume that government intervention in the economy is for the sake of “the common good.”


In Defense of Selfishness

Why the Code of Self-Sacrifice Is Unjust and Destructive.


“Aid” from Self-Serving Autocrats

At last count more than 70 countries around the world have offered assistance to the United States to aid recovery from Hurricane Katrina. Most is heartfelt and comes from longtime allies and countries that have received U.S. assistance in their moments of need. But...

Keep the Death Tax Dead

In Washington, nothing’s certain except death, taxes and special-interest lobbying groups. So it makes sense that the death tax has its own lobbyists. That’s right. “Americans for a Fair Estate Tax” knows a Senate vote is coming soon, and...


As much of Europe struggles with double-digit unemployment this year, the United States has been creating an average of 200,000 new jobs a month. One of our great advantages is the relative ease with which Americans can start new businesses. Physical disability, the...

Our Gift to Iran

The most important effect of America‘s attack on Iraq has been the removal of Iran‘s strongest regional opponent, and an increase in the regional power of Iran. As I wrote in Capitalism Magazine in June of 2004: “[President Bush] threw down a secular...

Rebuilding New Orleans — and America

The physical devastation caused by hurricane Katrina has painfully revealed the moral devastation of our times that has led to mass looting in New Orleans, assaults on people in shelters, the raping of girls, and shots being fired at helicopters that are trying to...

How to Avoid Investing in Crooked Businesses

Reading Kurt Eichenwald’s fascinating book on Enron Corp., “A Conspiracy of Fools,” is enough to make an investor throw up his hands (or his lunch), sell all his stocks and buy a bundle of nice short-term U.S. Treasury bonds. Eichenwald shows, in...

Labor Day: Time to Celebrate Man’s Mind

It is fitting that the most productive nation on earth should have a holiday to honor its work. The high standard of living that Americans enjoy is hard-earned and well-deserved. But the term “Labor Day” is a misnomer. What we should celebrate is not sweat...
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