Capitalism Is Not a Voucher System

Fox News online reports: “Joined by several moderate Republicans, Democrats controlling the Senate rejected a controversial House budget plan for turning Medicare into a voucher-like program for future beneficiaries. Five Republicans joined every Democrat in...

Stimulus Wears Off

The artificially engineered U.S. recovery is already starting to falter as a continuous procession of disappointing data continues to confirm the sad truth. Recent numbers on GDP, durable goods, housing, regional manufacturing, initial unemployment claims and leading...

Liberty in Search of a Nation

Liberty is a beautiful thing. But it’s a tool. It’s not an end in itself that can be imposed on a people unworthy of it, or who do not want it. Advocates of liberty must be careful not to confuse cause and effect. Liberty is, in fact, the effect —...

Books: I Am John Galt

?This newly released book is by Donald Luskin and Andrew Greta. Mr. Luskin is Chief Investment Officer of an investment strategy company, TrendMacro. He’s also well known as an author and a commentator on CNBC. He has recently had several op-eds published in the...

Mr. Universe Proves Himself Ordinary

People wonder how and why high-profile politicians like Arnold Schwarzenegger use such bad judgment in their personal lives. “They have so much to lose; why do they risk it?” To me, it’s obvious why men such as Schwarzenegger, or any career...