Self Objectivity

Q: You often write that it’s a good idea to identify your objectively positive behaviors each day, so that your morale and self-esteem will build. How can you practically go about doing this? A: The single most effective method I know of is to simply summarize,...

Alan Greenspan: Maestro or Meddling Menace?

Yesterday the markets thumbed their collective nose at the “Maestro.” At Tuesday’s close, all the broad indices — every one of them: the NASDAQ Composite, the S&P 500, the Russell 2000, and the Wilshire Total Market — were all...

Kids and Guns

Every time there’s a school shooting, there are demands for greater gun control measures that range from longer waiting periods and mandated gun locks to stricter licensing and restricted sales. With all the political posturing and demagoguery that follows, a...

Socialism Does Milk Good?

Socialism is dead in the former Soviet Union, but if you live in New England, it is alive and well in your grocer’s dairy case. The price you pay for a gallon of milk is not determined by competition and the free market. It is set instead by a cartel called the...

Individual Tax Credits for Health Coverage

A number of legislative proposals on Capitol Hill would provide uninsured workers with a tax credit to help them purchase health insurance. The most recent was introduced on March 14 by Senators John Breaux (D-LA) and James Jeffords (R-VT). President Bush has proposed...

Advanced Investing: Strangle with SOX

If you’re a tech investor and you’re feeling a little whiplashed right about now, here’s an idea for you: strangle on SOX. I don’t mean you should strangle yourself with your socks — although I admit it’s tempting sometimes —...

Laws Versus Values

During the ’40s, when I attended primary and secondary school, one didn’t hear of school shootings. Why? Did we have better laws banning guns in and around schools? Or hadn’t guns been invented? Many of today’s youngsters begin the school day...

Pol Pot’s Cheerleader

The death of Pol Pot, 23 years to the week after he and the Khmer Rouge seized control of Cambodia, occasioned long backward glances at one of the 20th century’s most horrific genocides. It was noted everywhere that the communist reign of terror in Cambodia...