Markets
A Monetary Policy Primer, Part 11: Last-Resort Lending
Forget about monetary policy for a moment or two, and imagine, instead, that you’re back in 6th grade. You and your classmates are about to go on a camping trip, involving some strenuous hiking, and lasting several days.
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Law
The Glorification of Violence
Gang wars, ethnic wars, religious wars, and now the “rampage”, are all tragic manifestations of the same root cause – the rejection of reason, individualism, and rational belief in the sanctity and inviolability of every human life.
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Culture
Let’s Take Back Columbus Day
Western civilization did not originate slavery, racism, warfare, or disease–but with America as its exemplar, that civilization created the antidotes.
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Politics
A Free Market for Labor
Keep government out of labor markets, so long as people stick to their contracts and refrain from violence.
World
U.S. War on Iraq is Morally Legitimate
CAP MAG EXCLUSIVE: As the U.S. military stands poised (finally) to wage war against the Iraqi regime -- merely one spoke in the "Axis of Evil" -- critics of the Bush Administration and apologists for terror regimes claim that there's been a "failure of diplomacy." The...
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Science & Technology
Global Satellite Science Meets Gore’s Environmentalist Faith
The nation's two top authorities on global satellite temperature data -- Dr. Roy Spencer of NASA's Marshall Space Flight Center and Dr. John Christy of the University of Alabama in Huntsville -- came to Washington last week to discuss the reasons they're not too...
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