A Truly Fair “Tax”

The proposals by Herman Cain and Rick Perry to streamline the tax system are certainly a step in the right direction. But neither candidate has addressed one crucial point: taxation is theft. If your neighbor broke into your home and took your money, would the purpose...

Why Mob Rule Can Be Just as Bad as Qaddafi

There are two types of dictatorship. One is rule by a dictator; the other is rule by one’s fellow man. The death of Libya’s Qaddafi is a reminder of the first. Qaddafi, like so many other one-man dictators, ruled his people with an iron fist. It’s...

Greeks May Look North To Iceland’s Debt Default

As a final bailout framework for Greece continues to elude negotiators from France and Germany, the situation on the ground in Athens continues to deteriorate alarmingly. Protests have turned increasingly violent and riots have occurred in the most sensitive portions...

Greeks May Look North To Iceland’s Debt Default

As a final bailout framework for Greece continues to elude negotiators from France and Germany, the situation on the ground in Athens continues to deteriorate alarmingly. Protests have turned increasingly violent and riots have occurred in the most sensitive portions...

Herman Cain's 9-9-9-9 Plan

Herman Cain has been gaining much traction with his 9-9-9 Plan, a bold proposal to replace our dysfunctional tax code with what could be a simpler, less invasive, and more economically stimulative alternative. While I don’t agree with the full spectrum of Mr....

Economic Ideas and Their Consequences

The public standing of economics and economists has been declining for some time. In the 1960s and 1970s, economists were seen, and they saw themselves, as the saviors of the economy. They talked of “fine-tuning” the economy, of changing government...

Steve Jobs Entrepreneur

Suddenly, Steve Jobs is gone. And only now is his exceptional ability being fully realized. Many of us felt a sense of personal loss at the news of his death. Good tributes to him have appeared in The Wall Street Journal (Walt Mossberg), The NY Times (David Pogue),...