by George Reisman | Jul 17, 2006 | Economics
Growing budget deficits are part of the explanation of profits rising relative to wages.
by Thomas Sowell | Jul 17, 2006 | POLITICS
When conservationists talk about “saving” this and “protecting” that, a logical question might be: Saving it from whom? Protecting it from whom? And why should the government force what you want on someone else who obviously wants something... by Richard E. Ralston | Jul 17, 2006 | Healthcare
Since the Federal Food and Drug Act came into law in 1906, the Food and Drug Administration (FDA) has had a century to develop their methodology for insuring drug safety. After expanding to an annual budget of $1.5 billion and a staff of 10,000, they continue to seek... by Dr Michael Hurd | Jul 15, 2006 | POLITICS
Why does peace so elude the Middle East? A recent MSNBC.com news report provides the answer: “Hezbollah [whose attacks on Israel triggered Israel’s recent retaliation in Lebanon] is an Iranian-backed militant Shiite faction which has a free hand in... by Nicholas Provenzo | Jul 13, 2006 | Antitrust & Monopolies
In defense of its virtues, in exasperation of being cut down and cut down again, Microsoft should simply declare that it seeks the abolition of antitrust, and refuse to rest until these laws are repealed–or risk fading into obscurity. If Microsoft takes this righteous stand, it will be known for both leading the PC revolution, and for leading a far greater revolution in American business.
by Walter Williams | Jul 12, 2006 | POLITICS
One of the great contributions of Nobel Laureate economist Friedrich Hayek was to admonish us to recognize the insurmountable limits to human knowledge. Why? Not even the brightest minds, and surely not the U.S. Congress, can ever have the knowledge to shape an... by Thomas Sowell | Jul 11, 2006 | POLITICS
The same newspapers and television news programs that are constantly reminding us that some people under indictment “are innocent until proven guilty” are nevertheless hyping the story of American troops accused of rape in Iraq, day in and day out, even... by Alex Epstein | Jul 10, 2006 | Energy, POLITICS
Politicians and commentators from both parties are decrying our “addiction to oil.” They exhort us to embrace costly programs to reduce our consumption of oil as quickly as possible. The primary rationale for this is national security. Our oil consumption... by Alex Epstein | Jul 8, 2006 | POLITICS
The Florida Supreme Court has just upheld an appellate court decision to throw out a $145 billion verdict in the case of Engle vs. Liggett Group. While the decision is being hailed as a major victory for tobacco companies, it is far more than that. The court...