What Trustbusters and Marxists Have in Common: Equating Economic and Political Power
Part 2of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and Microsoft Just as Marxists do, the proponents of antitrust laws–a century ago and today–actively seek to obscure the crucial distinction between economic power and...Mark McGwire and the Heroics in Hitting Home Runs
Mark McGwire of the Saint Louis Cardinals was right. America did need the spectacle of his pursuit of major-league baseball’s single-season home run record. And much about what they needed culminated in St. Louis’ Busch Stadium on September 8th, when he...The Nerve of Foley
There had been rumors all winter that the engineers were going to strike. Certainly we of the operating department had warning enough. Yet in the railroad life there is always friction in some quarter; the railroad man sleeps like the soldier, with an ear alert...What the Comprehensive Test Ban Treaty Will Really Disarm: America’s Moral Right to Self-Defense
In a largely partisan vote on Wednesday, the U.S. Senate rejected the Comprehensive Test Ban Treaty (CTBT) against nuclear weapons testing, signed by President Clinton in 1996. The rejection has created a storm of criticism, warning of “international...Global Crisis and the Survival of Capitalism
A growing number of countries–among them, Thailand, Indonesia, Malaysia, South Korea, and Russia–are in a state of financial turmoil. They are all suffering from the effects of currency devaluation, widespread bankruptcies and insolvencies, actual or impending bank failures, collapsing stock markets, and mounting unemployment.
Sovereign Immunity
How does having legal immunity for completely arbitrary acts preserve this confidence? In Ayn Rand’s words, “blank out.”
Line Item Veto Case Decided in Supreme Court
“Liberty is always at stake when one or more of the branches seek to transgress the separation of powers.”