The Bush Administration’s Latest Deadly Evasion
The Bush administration’s plan to declare Iran’s Revolutionary Guard Corps a terrorist organization is worse than a waste of time: It is an outright evasion of the Iranian assault on America. There is a good reason why the New York City Police Department...Multiculturalism’s War on Education
Back to school nowadays means back to classrooms, lessons and textbooks permeated by multiculturalism and its championing of “diversity.” Many parents and teachers regard multiculturalism as an indispensable educational supplement, a salutary influence...How Mugabe is Destroying The Zimbabwean Economy
Readers of The New York Times got a front-page example recently of what F.A. Hayek called “the fatal conceit” — the idea that some great mind or committee can do a better job than the private market in organizing and directing an economy. Hayek...Celebrating Income Inequality
Democrat and Republican candidates for President are debating one another on nearly every issue–but nearly all are united on one thing: America faces a crisis of “income inequality.” The rich are getting richer, the refrain goes, while the poor and...Tragic Implications in Minnesota and in Utah
Two recent tragedies — in Minnesota and in Utah — have held the nation’s attention. The implications of these tragedies also deserve attention. Those politicians who are always itching to raise tax rates have seized upon the neglected infrastructure...The Housing Bubble and the Credit Crunch
The turmoil in the credit markets now emanating from the collapse of the housing bubble can be understood in the light of the theory of the business cycle developed by Ludwig von Mises and F.A. Hayek.
