Urgent Virus Threat – NOT!

For the third time in two days, I’ve received an e-mail from some well intentioned idiot warning me of an extremely destructive computer virus for which there is no cure. In each case, it took me about a minute to go to the Symantec web site and learn that the...

The Third Rail of Gold

I have touched the third rail, and it is made of gold. For millennia gold has excited mankind’s passions, goading us to the heights of achievement and the depths of evil. Now, since I’ve been writing about gold’s role in the international monetary...

The Right to Inhale

On May 14th, the US Supreme Court reached a verdict on the case of U.S. v. Oakland Cannabis Cooperative. By unanimous decision the Court ruled that manufacturers and distributors of marijuana cannot claim the medical needs of their customers as defense against federal...

The Coming Telecom Capacity Crunch

In my past column, I explained why a telecom rebound is likely to occur faster than most people expect: the continued explosive demand for bandwidth, the reopening of capital markets courtesy of lower interest rates, increased telecom revenues resulting from price...

T For Two

On Friday investors will have to decide whether to exchange their shares of AT&T for shares of the AT&T Wireless tracking stock. When the big index funds decide, it will move the market. In the exchange offer that expires Friday, AT&T will accept up to 427...

Greens versus Energy

The environmental movement is profoundly antilabor, because in seeking to undercut the productivity of labor, it strikes at the foundation of rising real wages.

Bush Energy Plan Caves In

President Bush’s newly released national energy plan offers us more of what already threatens this country. No, I am not talking about the president’s plans to allow oil drilling in Alaska, or to build more gas pipelines, or to license more nuclear power...

Home-Schooling Under Siege

There’s nothing like stiff competition to bring out the worst in government. Nowhere does this prove more true than in the battle between home-schooling parents and public school bureaucrats. In Maryland, local prosecutors are moving forward with a...