What About The Poor?

A common question, when discussing capitalism, is: What about the poor? In other words, won’t the poor be helpless and hopeless in a capitalist society? The premise underlying such questions is altruism. According to altruism, we have a moral duty to serve others....

Parting Company

The problem our nation faces is very much like a marriage in which one partner has an established pattern of ignoring and breaking the marital vows.

Giving is Not a Duty

At this time of the year, many of us are giving presents out of benevolence, goodwill, appreciation, and love—I hope. Gifts are a means of showing that we value their recipients in some way, whether friends, loved ones, causes, or charities. Giving gifts out of duty...

The False Security of the SEC

Founded in the aftermath of the Great Depression, the stated mission of the Securities and Exchange Commission (SEC) is “to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” While this seems like a laudable goal, like...

Social Problems and the Solution

If we look at any number of social problems, we find numerous similarities. No matter the issue–education, energy, infrastructure, pollution, and much more–Americans look to government to provide the solution. These issues provoke heated political debates, with...

Free Market Should Win Over Government Control

After months of deliberation, the Canadian government has finally approved the $15 billion takeover of the Canadian-based oil and gas producer Nexen Inc. by CNOOC, one of the state-owned oil companies of China. While I applaud the government for the approval, it...

Dealing with Obamacare

Seven years in the U.S. Army provided me with a rather useful education. On one occasion, at age 19, a few minutes after being admitted to an army hospital with strep throat and a fever of 104 degrees, I was told by a hospital orderly to get out of bed and sweep the...

No Way Out

By upping the ante once again in its gamble to revive the lethargic economy through monetary action, the Federal Reserve’s Open Market Committee is now compelling the rest of us to buy into a game that we may not be able to afford.  At his press conference this...

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