by Harry Binswanger | Oct 4, 2006 | POLITICS
I oppose any pretense at such a thing as “international law.” The concept of “law” implies governmental enforcement. Where there is no government, such as between nations, there can be no law. This is all the more true when nations are at war.... by George Reisman | Oct 3, 2006 | Free Trade, Protectionism & Tariffs
Such global “trade imbalances” are not a problem. They are a profoundly important means of preventing problems. What will cause a problem is allowing wreckers, devoid of serious knowledge of economics, to “fix” things.
by Walter Williams | Oct 3, 2006 | POLITICS
My previous columns have attempted to reduce confusion by suggesting operational definitions of discrimination and prejudice. Discrimination was defined as the act of choice, and prejudice was the act of decision-making on the basis of incomplete information. Good... by Thomas Sowell | Oct 2, 2006 | POLITICS
Although socialism has long claimed to be for the poor, it has probably done more damage, on net balance, to the poor than to the rich. After all, the rich have enough money to leave the country if they think the socialists are going to do them any serious harm. Some... by Alex Epstein | Oct 1, 2006 | POLITICS
Now that gasoline prices are below $3 a gallon, calls for the government to “do something” to force prices lower have temporarily abated. But it is crucial for us to recognize that no matter what the price of gasoline is, such calls are wrong. All market...