How The Economy Works

An excerpt from Objective Economics: How Ayn Rand’s Philosophy Changes Everything About Economics by Northrup Buechner.   Here is the fundamental problem of economics: Every consumer good that you buy reaches you through the cooperation of literally...

Unions vs. “Right-to-work”

A number of conservatives, such as  Senator Rand Paul, have been promoting “right-to-work” legislation in response to the growing power of labor unions. On the surface, such legislation might appear to be consistent with free market principles. But is it? Wikipedia...

Gingrich on Health Care

Increasingly, it looks like either Newt Gingrich or Mitt Romney will be the Republican alternative to the horrendous President Obama. Anyone who’s not a liberal already understands what’s wrong with Romney. In the first of a series, I’ll examine...

2012 Offers Few Reasons for Optimism

As the year draws to a close, understandable confusion reigns in the minds of many investors. While short-term indicators, such as consumer confidence, appear to beckon recovery, the longer-term strategic issues remain shrouded in the smoke and mirrors of central bank...

No Courage To Face The Music in America or Europe

As the year draws to a close, understandable confusion reigns in the minds of many investors. While short-term indicators, such as consumer confidence, appear to beckon recovery, the longer-term strategic issues remain shrouded in the smoke and mirrors of central bank...

Risky Moves Spark Quick Rally

Last week, with liquidity concerns reaching a crisis point for Europe, central banks around the world, led by the U.S. Federal Reserve, stepped in to provide emergency measures to insure that the financial gears continue to turn. At the same time, the European Central...

The Critics of the Tea Party

The Tea Party has certainly attracted its share of criticism. Many of those criticisms do not merit a response. However, an organization called the Constitutional Accountability Center issued a brief titled Setting the Record Straight: The Tea Party and the...

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