Country Analysis: China Inches Toward Capitalism

The constitutional protection of property in China is a continuation of reforms I’ve observed following China’s investment environment over the past ten years. Currently, the Chinese economy is a mixture of heavily regulated or government controlled...

Fixing a Broken Tax System with a Flat Tax

America’s complicated tax system needs a complete overhaul, not minor fixes. The large role that system plays in many of the political dramas dominating the daily headlines shows why. Republicans and Democrats, for instance, are fighting over the...

Criminalizing Business, Part 2

Can you imagine being charged with murder for the death of someone you didn’t even know was dead, when you were not even around when it happened? Only in California — and only if you are in business. In a state where hardened criminals are coddled, and...

Criminalizing Business

The recent conviction of Martha Stewart for lying to federal investigators looking into “insider trading” is one of the sad signs of our times. If you create enough laws, everyone will be a criminal. Perjury should of course be a crime, even when it is...