Lessons from Chile on Social Security

This week I’m focusing on the myths that will keep investors from grasping the risks and opportunities on the road ahead as President George W. Bush pushes for restructuring Social Security — probably with the introduction of private accounts that could be...

Liberty’s Greatest Advocate: Frederic Bastiat

June 30 marked the 200th anniversary of the birth of Frederic Bastiat. If one were to list the top 10 advocates of liberty, French philosopher-economist Bastiat would rank high on that list. He’d easily outrank any one of the founders of our nation. I’m...

Apartheid for Native Hawaiians

Some people will do anything to get their hands on federal wampum. Across the country, scam artists claiming to be oppressed “indigenous peoples” have used dubious family histories, altered documents or shady land claims to win government recognition as...

Foundry Networks

Foundry Networks reported better than expected earnings and revenues for the second quarter (July 25, 2001). The company reported revenues of $88.6 million, up sequentially by 7.3%, and $16 million above consensus forecasts. Earnings per share were $.07, which was...

Immoral to Ban Human Cloning

The actual opposition to human cloning springs from something primordial, the fear of the unknown, the fear captured in the catch-phrase: “We can’t play God.” But why can’t we? We can and we must.

A FED without Alan Greenspan

Does the market ever go up on a day when Alan Greenspan talks? I can’t remember when it ever has. On July 18, 2001, the markets gapped lower on the opening. They tried to recover in the first hour, but as soon as the prepared text of Greenspan’s testimony...