Saving Versus Hoarding

The increase in the savings of the economic system as a whole must take the form of an increase in its capital assets, such as business plant, equipment, and inventories.

Health Care is Not a Right

Delivered at a Town Hall Meeting on the Clinton Health Plan Red Lion Hotel, Costa Mesa CA December 11, 1993Good morning, ladies and gentlemen: Most people who oppose socialized medicine do so on the grounds that it is moral and well-intentioned, but impractical; i.e.,...

Moral Values Without Religion

Does morality depend upon religion? Most people believe it does, which is a major reason behind the appeal of the religious right. People believe that without faith in a supernatural authority, we can have no moral values–no moral absolutes, no black-and-white...

California Health Care: What’s Next?

It is unlikely that any significant improvements in health care policy will come out of the U.S. Congress in the next two years. However, major changes might develop at the state level–especially in California–for two reasons. First, as the most populous...

Trans Fats: What Will They Ban Next?

New York City has ordered restaurants to stop selling food made with trans fat. “It is a dangerous and unnecessary ingredient,” says the health commissioner. Gee, I’m all for good health, but shouldn’t it be a matter of individual choice? A New...

Airport Security and Racial Profiling

Charges of racial, religious and ethnic profiling swirl in the wake of US Airways’ removal of six imams. According to police reports, the men made anti-American statements, were praying and chanting “Allah,” refused the pilot’s requests to...