Jim Crow, Racism, and the Free Market
It is often claimed that capitalism leads to all sorts of ills, such as racism and cartels (or monopolies). As with most attacks on capitalism, these claims attempt to blame capitalism for the consequences of government intervention into the economy. The Jim Crow laws...The Danger of “States’ Rights”
Defenders of freedom must reject the entire notion of “states’ rights” and instead embrace the principle of individual rights.
Free Banking and Economic Development, Part 1
The most tangible achievements of the free market—the vast improvements in technology and productivity, the industrial plant and infrastructure from which these derive, and the extensive retailing networks that deliver industry’s fruits to consumers—would be far more meager were it not for past and present lending financed by fractionally-backed bank liabilities.
A Lesson from Yahoo’s Ex-CEO Scott Thompson
Scott Thompson, CEO of Yahoo Inc. just since January, resigned this week when it was found out that his resume falsely stated that he holds a degree in computer science. What motivates people to “embellish” their resume? Presumably it is the desire to impress...Germany’s Mixed Signals
Last week’s media headlines focused on how the election results in France and Greece reflected a wave of rising public resistance across Europe to the austerity programs being championed by Germany, the IMF, and the EU. Less notice has been given to...Asking the Government for Permission to Live
The Food and Drug Administration (FDA) has gone to court to prevent the Colorado-based firm Regenerative Sciences from using stem cells developed in one part of your body (bone marrow) to repair damage in other parts of your body, such as joints. The FDA objects to...Gays and Lesbians Should Not Fall for Barack’s Stand on Gay Marriage
Obama, who was previously on record against gay marriage, is now suddenly for it. He obviously fears a close election.
