A Big Fat Target: From Parody to Reality
Six years ago, after tobacco companies agreed to settle lawsuits filed by the states, the Wall Street Journal published what seemed at the time to be a hilarious parody by Mark Bernstein. It was titled “A Big Fat Target.” The parody claimed that junk food...Antitrust, Politics and the Media
On June 2, the Federal Communications Commission plans to vote on a new set of rules for media ownership. These rules dictate how many television stations can own, as well as cross-ownership of newspapers and television stations in the same market. The FCC’s...The Economics of Mass Destruction
Speech by Donald L. Luskin given at the Russell 20-20 Association Annual Meeting, May 7, 2003 I earn my living as an economist. I try to forecast how economic policies and ideas in the hands of government, business, media and academia move the world and move markets....Is the Penguin Contaminated?
If there’s one thing the open-source community is known for, it’s chutzpah. In a recent online petition, more than 1500 Linux users told the SCO Group, which owns intellectual property rights to key components of the Unix operating system, to sue them....Bailing Out Non-Performing Airlines
As U.S troops rushed into Baghdad last month, American politicians rushed toward a very different objective: Bailing out the ailing airline industry.Hard hit by a quartet of calamities — recession, terrorism, war and SARS — airline executives warned of...Investing and Gambling
Earlier this month, William Bennett — the high-profile Republican “morality” advocate — was outed in the media as a big-time gambler, a high-roller who made and lost millions in the casinos. There was the usual tempest in the public teapot,...Graduation Day Values
As you start out on your careers and your adult lives, we urge you to hold two ideas as absolutes, never to be breached or compromised: that reason is your means of knowing reality, and that your life belongs only to you.
Ten Years Later
A decade ago — in May 1993 — this column first mentioned unusually bright little children who are also unusually late in beginning to speak. Unknown to me at the time, this set in motion some remarkable developments which have not yet run their course....
CAPITALISM REVIEW
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