Know When to Gold ‘Em

It never ceases to amaze me the way financial markets all fit together, like perfectly meshing gears in some infinitely complex machine. The day of the bottom in the yield on the long bond was March 22 — the very day of the bottom in the Dow Jones Industrial...

Why Should You Worry About Medical Privacy?

Last year a sophisticated Internet hacker took control of the University of Washington Medical Center’s network and downloaded the admissions records of 4,000 cardiology patients. Among the thousands of pieces of private information he downloaded were names,...

Put Broadcast Spectrum Under New Management

Last October, then-President Bill Clinton tried to prod federal regulators to carve out space in the nation’s airwaves for the next generation of wireless technology — technology that promises high-speed Internet access with simple hand-held devices. For...

America’s Descent Into Servitude I

The Texas Legislature is currently considering a bill that will mandate “volunteer” work for all college and university students in the state. The result of this bill will be to introduce “volunteerism” as a component of college education. The...

Fee-for-service Health Care Makes a Comeback

Remember when you could choose to go to any doctor, pay a reasonable fee for your medical service, and not worry about co-pays, deductibles, and some distant stranger authorizing or denying the care prescribed by your physician? If so, you have lived long enough to...

Global Warming: Beneficial To Human Civilization

Would some degree of warming be bad for most societies and natural environments? Probably not. “During the 20th century,” writes Dr. Patrick Michaels, “we have already proceeded more than half way to doubling the natural carbon dioxide greenhouse...

Communists for Free Speech and Property Rights?

Some statements are so outrageous that they stand apart from all others. In my opinion, the winner this week for the most lunatic goes to the Communist Party of the United States (CPUSA). According to the Library Journal Academic News Wire of April 26, 2001, the CPUSA...

‘Tis the Season for Small Caps?

“Holy Cow!” That’s the polite version of my exclamation when I heard that the US economy grew by 2% in the first quarter of this year. This rate of growth is really nothing special, usually not cause for excitement, and not even close to the rapid...

California Stealing on a Blackout Day

A reader in Michigan says that he has been living in retirement on $15,000 a year — about $5,000 from Social Security and about $10,000 from stocks he owns in Southern California Edison. But now that the California government has forced Southern California...