Economics and Property Rights

Economic theory does not operate in a vacuum. Institutions, such as the property rights structure, determine how the theory manifests itself. Similarly, the law of gravity isn’t repealed when a parachutist floats gently down to earth. The parachute simply...

High-Speed Car Chases By The Police

High-speed car chases by police on highways, or even on residential streets, have become a staple of television news. An estimated 500 people died as a result of high-speed car chases last year. Nearly half the people killed were innocent third parties. The police...

Insulting Blacks

What does it say about blacks who can be taken in by pandering, alarmist nonsense from both whites and blacks as a means to get their votes?

On The Politicization of Healthcare

Open Public Hearing; Endocrinologic and Metabolic Drug Safety and Risk Management Advisory Committees to the Food and Drug Administration; Gaithersburg, Maryland “Good Afternoon. I am Richard Ralston, Executive Director of Americans for Free Choice in Medicine....

No “Health Care” in America?

During the first 30 years of my life, I had no health insurance. Neither did a lot of other people, back in those days. During those 30 years, I had a broken arm, a broken jaw, a badly injured shoulder, and miscellaneous other medical problems. To say that my income...

Random Thoughts September 2007

Random thoughts on the passing scene: I can’t get as fiercely involved as some other people do in controversies about the origins of human life on earth. I wasn’t there. One of the painful signs of years of dumbed-down education is how many people are...

The Left’s Investment in Failure

It is not just in Iraq that the political left has an investment in failure. Domestically as well as internationally, the left has long had a vested interest in poverty and social malaise. The old advertising slogan, “Progress is our most important...