Stock Market: Reasons for Hope and Worry

The date was Dec. 5, 1996. The scene was the ballroom of the Washington Hilton Hotel. The speaker was Alan Greenspan, the chairman of the Federal Reserve Board, keeper of the nation’s money. He had been droning on for 45 minutes with an address on the 83-year...

“Conserving” Electricity

Has anyone ever pleaded with you not to buy a Rolls Royce? The argument might go like this: So much expensive materials and so many man-hours of highly-skilled hand labor go into producing a Rolls Royce that, if everyone had one, it would drain so many resources and...

Hollywood’s Celebrity Bush Bashers

Get ready for the red-carpet parade of egos. It’s Oscar time again. Millions will tune in this weekend to gawk and swoon as the world’s most famous actors and actresses celebrate their favorite subject — themselves. As the night of a thousand stars...

Criminal vs. Immoral

Q: What is the difference between what is “immoral” and what is “criminal”? Isn’t something criminal, so long as it’s objectively judged, also immoral? A: If something is rationally judged criminal, then by definition it’s...

The Catch-22 of U.S. Trade

In his recent testimony before Congress, U.S. Trade Representative Robert Zoellick painted an attractive portrait of free nations “bound together by free trade.”But it is a portrait marred by a little-noticed Catch-22 of U.S. trade law that hurts Americans...

It’s A Great Day For Investing

The date was Dec. 5, 1996. The scene was the ballroom of the Washington Hilton Hotel. The speaker was Alan Greenspan, the chairman of the Federal Reserve Board, keeper of the nation’s money. He had been droning on for 45 minutes with an address on the 83-year...

Storm Troopers Vs. Free Speech

Despite media proclamations of “the public’s right to know” and frequent invocations of the First Amendment, there has been a deafening silence from the national media over the storm trooper tactics used on college campuses against student newspapers...