When Will the Bubble Burst?
As the inflation-induced appearance of wealth is made to substitute for the fact of wealth, the boom gives rise to a consumption that takes place at the expense of essential saving and capital accumulation and thus serves ultimately to cause impoverishment.
The Gipper Gets No Respect
Ronald Reagan gets less respect than Rodney Dangerfield. On July 22, 1999, the Associated Press published a story: “Letters Shed Light on Reagan’s Life.” Lorraine Wagner, a Philadelphia woman, maintained a 50-year- long correspondence with Ronald...Did Thomas Jefferson Father Slave Children?
The recently publicized DNA evidence claiming to show Thomas Jefferson had fathered a child with his black slave, Sally Hemmings, illustrates the difference between the way evidence is handled in a court of law and the way it is handled by the popular press.
Let Not Thy Left Hand
The differences between the actions allowed to private parties on one hand and to the Postal Service and Internal Revenue Service on the other, are examples of a reversal of the proper relationship between the government and the governed.
What Young People Really Need: Not Volunteerism but Happiness and Heroes
Is volunteerism actually good? Is service in slums and nursing homes a proper moral ideal that will galvanize the young, adding value and significance to their lives?
L.A. to NFL: Drop Dead
“Houston, you’ve got a problem.” In the competition to award a new NFL franchise, the National Football Association pits Houston against Los Angeles. For its part, Houston pledges a $500 million “entrance fee,” plus hundreds of millions...Modern Education Kills
Andy had “mastered” the core principles of modern education too well.
