HOT TOPICS: Ayn Rand | Iran | ICE | Renee Good | Heritage American | Wealth Tax | Mamdani | Jimmy Lai
Enlightenment themes like secularism without skepticism; the basic decency, nobility, and perfectibility of man; the efficacy of reason; the power of science; and the value of philosophy for the regular educated person saturate the work of Peart and Rush.
The 1619 Project is still ill-suited for K-12 education. That is a judgement we may make on its scholarly shortcomings alone.
Trump is a classic mercantilist. A mercantilist favors exporters over importers and the use of government tariffs to promote (or “protect”) less efficient, but politically favored “national champion” companies against their foreign competitors.
A recent New York Times editorial board member wrote that it was difficult to know whether the United States is “better, worse, or the same” as China.
Chief among the policies that reward inferiority and irresponsibility is the welfare state.
The 1933-37 recovery fell far short of reversing the collapse the U.S. economy suffered between 1929 and 1933, and that this disappointing outcome was the result of New Deal policies aimed at boosting wage rates. The resulting higher wage rates prevented the revival of spending from sponsoring a corresponding revival of employment.
Ayn Rand’s genius was to recognize that man’s mind is his basic means of survival, that production is the application of reason to the problem of survival, and thus that all property is logically intellectual property at root.
The key to getting wealthy in a capitalistic society is to produce something so valuable that millions of people want to trade for it. This is the source of all great historical fortunes.
The causes of the gold inflow that fueled the post-1933 recovery, and especially the part played by FDR’s decision to devalue the dollar.
