“Moneyball” and the Source of Values

“Moneyball” is a baseball movie that isn’t about baseball. It is a movie about the passionate pursuit of values. And more fundamentally, it is a movie about the source of value creation—the rational, independent judgment of innovators. Starring Brad Pitt as Billy...

Austerity Fires Voter Vengeance Against Euro

Though there can be little doubt the euro would survive without the Greeks or the Spanish, there is greater doubt of the euro surviving without the Germans solidly behind it. As the world’s second largest reserve currency, the collapse of the euro would precipitate a major international monetary crisis.

Government without Taxation

In a capitalist society, the initiation of force is banned from the interactions between individuals. In a capitalist society, there is no regulation of businesses–no FTC, FDA, SEC, OSHA, or EPA. In a capitalist society, all funding for government is provided...

Obama, the Nothing Man

President Obama, who arrived today in Kabul, Afghanistan, just finished addressing the nation tonight in a televised speech – addressing a camera, not U.S. troops – telling the public the opposite of the truth: that the United States is pulling out of Afghanistan. In...