Wackonomics

For the U.S. Congress, news media, pundits and much of the American public, a lot of economic phenomena can be explained by what people want, human greed and what seems plausible. I’m going to name this branch of economic “science” wackonomics and...

Taxing Times

Chief Justice John Marshall said it all in one sentence: “The power to tax is the power to destroy.” It is not the money that is taxed away that is destroyed. What is destroyed is the wealth that does not get produced in the first place, because high taxes...

Obama and the Law

One of the biggest and most long-lasting “change” to expect if Barack Obama becomes President of the United States is in the kinds of federal judges he appoints. These include Supreme Court justices, as well as other federal justices all across the...

Who Broke Health Care?

Many politicians now tell us that health care in America is “broken.”The best initial response to that is to ask yourself whether you think that your own health care is broken. And if it is, do you want to turn your decisions about your own health over to...

Vote “No” on Amendment 48

Colorado voters face a stark moral choice in this election: vote yea or nay on Amendment 48. That ballot measure would grant fertilized eggs the legal standing of persons–including “inalienable rights, equality of justice, and due process of...

Affordable Health Care

One of the campaign themes this election cycle is “affordable” health care. Shouldn’t we ask ourselves whether we want the politicians who brought us the “affordable” housing, that created the current financial debacle, to now deliver us...

At Moment of Truth, Where Was Dagny Taggart?

The front page of today’s Wall Street Journal carries a story titled “At Moment of Truth, U.S. Forced Big Bankers to Blink.” In the quarter-century I’ve been reading the Journal, I’ve never read a news story that was more disturbing. The...

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