Is Patriotism Obsolete?

On the eve of a holiday that used to stir patriotic emotions — the Fourth of July — it has been painful to see examples of how little remains of that glue that holds a society together. Perhaps the worst of these signs of national disintegration was the...

On a Deluded America

Diana West has written a fiery op-ed that, on its face, seems to provide a well-needed antidote to the moral platitudes that are preventing America from ridding the world of savage brutes (“Deluded America,” Washington Times, June 23, 2006). Certainly the...

Why I Refuse to Celebrate Canada Day

I refuse to celebrate Canada Day (July 1st)–as a matter of principle. While I recognize Canada as one of the better countries to live in, this relative evaluation doesn’t justify the gross injustices caused by the policies of our three levels of...

Focus Investing: The Warren Buffett Way

An excerpt from The Warren Buffett Way, Second Edition by Robert G. Hagstrom. Status Quo: A Choice of Two The current state of portfolio management, as practiced by everyone else, appears to be locked into a tug-of-war between two competing strategies — active...

Multiculturalism Breeds Terrorism

On June 2, 2006, seventeen Muslims, including five juveniles, were arrested in Canada for planning major terrorist attacks on Canadian soil against innocent people. Because these were “homegrown” Islamic terrorists, blame was rightly directed towards...

Economics and Statistics

An interesting question in economics is the proper role of statistics. Ludwig von Mises is my favourite economist, yet he held that statistics have no valid role in formulating or validating economic theory. It’s interesting to explore his reasons. First, Mises...