They say talk is cheap. But in fact it can be devastatingly expensive. Among the generation of Germans who were enthralled by Hitler's eloquence, millions paid with their lives and their children's lives for empowering this demagogue to lead them to ruin and infamy....
An increasing number of recent letters and e-mails from readers strike a note, not only of unhappiness with the way things are going in our society, but a note of despair. Those of us who are pessimists are only a step away from despair ourselves, so we may not be the...
From television specials to newspaper editorials, the media are pushing the idea that current economic problems were caused by the market and that only the government can rescue us. What was lacking in the housing market, they say, was government regulation of the...
The big story last week was the incredible Congressional rush to pass a bill that was more than a thousand pages long in just two days-- after which it sat on the President's desk for three days while the Obamas were away on a holiday. There is the same complete...
Random thoughts on the passing scene: One of the most important skills for political success is the ability to make confident assertions of absurdities or lies. The adage "follow the money" will be hard to apply in the current administration, when there is so much...
Letters from parents often complain of a sense of futility in trying to argue with their own children, who have been fed a steady diet of the politically correct vision of the world, from elementary school to the university. Some ask for suggestions of particular...
A brief glimmer of sanity among Congressional Republicans has been followed, almost immediately, by a return to the more traditional Washington insanity. Last week, every single Republican in the House of Representatives voted against the Obama administration's...
Everyone is talking about how much money the government is spending, but very little attention is being paid to where they are spending it or what they are buying with it. The government is putting money into banks, even when the banks don't want it, in hopes that the...
Behind the housing boom and bust was one of those alluring but undefined phrases that are so popular in politics-- "affordable housing." It is hard for me to know specifically what politicians are talking about when they use this phrase. But then politics is about...
If making speeches is one of the tests of a President of the United States, then Barack Obama has passed his first test with flying colors. He has understood the varied constituencies, and the various hopes and fears he had to address. He said the kinds of things that...
No phrase represents more of a triumph of hope over experience than the phrase "Middle East peace process." A close second might be the once-fashionable notion that Israel should "trade land for peace." Since everybody seems to be criticizing Israel for its military...
Two centuries ago, when there were plans to create a huge fund of money to pay off Britain's national debt, the great classical economist David Ricardo objected on grounds that-- no matter what the money was said to be for-- politicians could spend it for whatever...
Whoever called politics "the art of the possible" must have had a strange idea of what is possible or a strange idea of politics, where the impossible is one of the biggest vote-getters. People can get...
"Outliers" are not politicians who lie even more than other politicians. It is a term used by statisticians to describe some data that are far away from the average-- data on seven-foot women or freezing temperatures in Los Angeles, for example....
Random thoughts on the passing scene: Maybe the current bailout fever is Congress' way of getting into the spirit of the season-- saying in effect, "Yes, Virginia, there is a Santa Claus." They will undoubtedly also be saying, "Yes, New Jersey, there is a Santa...
With both Barack Obama's supporters and the media looking forward to the new administration's policies being similar to President Franklin D. Roosevelt's policies during the 1930s depression, it may be useful to look at just what those policies were and-- more...
Some of us were raised to believe that reality is inescapable. But that just shows how far behind the times we are. Today, reality is optional. At the very least, it can be postponed. Kids in school are not learning? Not a problem. Just promote them on to the next...
O.J. Simpson has attracted less attention by being declared "guilty" in Nevada than he did by being declared "not guilty" in California. Yet his story is more than the tragedy of one man. O.J. is not the first star athlete-- or movie star, political leader or...
Will the horrors unleashed by Islamic terrorists in Mumbai cause any second thoughts by those who are so anxious to start weakening the American security systems currently in place, including government interceptions of international phone calls and the holding of...
There is an old Russian fable, with different versions in other countries, about two poor peasants, Ivan and Boris. The only difference between them was that Boris had a goat and Ivan didn't. One day, Ivan came upon a strange-looking lamp and, when he rubbed it, a...
Barack Obama says that we have to "jolt" the economy. That certainly makes sense, if you take the media's account of the economy seriously-- but should the media be taken seriously? Amid all the political and media hysteria, national output has declined by less than...
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.