Eyes on the Prizes

Contrary to the impression you may get watching all-day TV stock market shows, investing is not a sport. It’s a serious endeavor – specifically, a means to a better life for you and your family. If you invest wisely, you can acquire wealth for goals such...

The Enemy Within

The day after 9/11, Texas police arrested two Indian Muslim men riding a train and carrying about $5,000 in cash, black hair dye and boxcutters like those used to hijack four planes just one day earlier. [The police held the pair initially on immigration charges...

Pacifist Ignorance About Intelligence

Never underestimate the unwillingness of a pacifist to give up on his dogma, no matter how much factual evidence is presented demonstrating the folly in his approach. And, so it has been in the weeks following Colin Powell’s intelligence exhibition on...

Jenny from the Block

There is this song that has been on the airwaves for the past month where Jennifer Lopez, the current femme-fatal of the entertainment world sings the following chorus: “Don’t be fooled by the rocks that I gotI’m still, I’m still Jenny from the...

The Libertarian Anti-Manifesto

Susan Lee, a member of the Wall Street Journal editorial board, has an essay in Wednesday’s edition of that paper arguing in favor of “libertarianism.” Superficially, she makes a strong argument for the libertarian manifesto: [L]ibertarians are...

Hard Times for Envy

When driving down the highway with my car on cruise control and the stereo playing “Stompin’ at the Savoy,” I am in heaven. There are millions of later model cars on the road, and no doubt some better stereo systems, as well as more scenic highways....

On Deterrence

In recent months, there has been much discussion of deterrence, much praise of the strategy which contained the Soviet Union for fifty years until its ultimate collapse, and many figures arguing that we should rely on deterrence to contain dangerous regimes. The key...