Obama’s Misconceptions About Philosopher Ayn Rand
Obama doesn’t like capitalism so the way to kill it is to defeat it at its base. Make people feel guilty about pursuing their own happiness.
Protect Individual Rights, Not the “Right to Work”
In February, Indiana became the twenty-third state, and the first in the “Rust Belt,” to enact a “right to work” law. The Indiana law states: A person may not require an individual to: (1) become or remain a member of a labor organization; (2) pay dues, fees,...Altruism is Not a Guide for Living—or for Business
Most of us pursue self-interest every day: we eat nutritious food, engage in productive work (to have a purpose and to make a living), look after our health, enjoy recreation and entertainment, spend time with friends and loved ones, and go to the mall to buy things...The EPA’s RRP Rule isn’t About Safety
I wrote this in May 2010. It remains relevant. On April 22, 2010 an EPA regulation governing renovation, repair, and painting (RRP) took effect. The regulation governs any activity that will disturb paint containing lead and applies to all homes built before 1978 and...Why Governments Should not Interfere in the Sale of Publicly Traded Companies
This is an issue mostly in countries with abundant natural resources and governments bent on economic nationalism, but it nevertheless poses an interesting ethical dilemma. Canada’s economy is dominated by resource companies: in oil and gas, minerals, the forest...What Drives Innovation, the Engine of Economic Growth?
Many economists today are arguing that the unprecedented era of innovation—the last 250 years or so since the industrial revolution—is going to be over soon, ending economic growth. Why should we care about economic growth? Because our well-being depends on it—the...Inflation: Washington is Blind to Main Street’s Biggest Concern
Journalists, politicians and economists all seem to agree that the biggest economic issue currently worrying voters is unemployment. It follows then that most believe that the deciding factor in the presidential race will be the ability of each candidate to convince...The Protection Racket of Occupational Licensing
If licensing is not protecting consumers, why do many professions require a license?
