Creating Unemployment

Her’s a fantastic idea that will make everybody richer. Let’s pass a law setting a minimum price on used cars. How about, say, $15,000? If you’ve got an old beater you want to sell, and you were worried that you’d only get a couple thousand...

Then and Now

Those of us old enough to remember World War II face many painful reminders of how things have changed in Americans’ behavior during a war. Back then, the president’s defeated opponent in the 1940 election — Wendell Wilkie — not only supported...

Pacifists versus Peace

One of the many failings of our educational system is that it sends out into the world people who cannot tell rhetoric from reality. They have learned no systematic way to analyze ideas, derive their implications and test those implications against hard facts....

Hands Off My Net

The S&P 500 has more than doubled over the last 10 years — a decade in which the Internet came out of nowhere, and established itself as the technology platform of the new global economy. The Internet has been the greatest engine of economic growth the...