by Nicholas Provenzo | May 5, 2006 | POLITICS, Regulation
With gasoline prices across the nation at $3 a gallon, one knows that American oil companies are easy targets for every regulator (and every potential regulator) in town. And when an oil-man-turned-president blames Americans for having an “energy... by Walter Williams | May 4, 2006 | POLITICS
According to some pundits and political hustlers, free trade has led to a loss of “good manufacturing jobs.” Let’s look at it, but before doing so, let’s first see whether we should work ourselves into a tizzy over other job losses. In 1900, 41... by Thomas Sowell | May 3, 2006 | POLITICS
Anyone who takes the trouble to read the Supreme Court opinions of Justice Clarence Thomas will see a very different, and much more intellectually formidable, mind at work than what they might expect from reading media attempts to denigrate Justice Thomas. A very... by Peter Schwartz | May 2, 2006 | POLITICS
America’s foreign policy has led to a bizarre contradiction. President Bush claims to be pursuing freedom in the world, so that Americans will be safer. Yet this campaign’s results–a more zealous proponent of terrorism in the Palestinian Authority,... by George Reisman | May 1, 2006 | POLITICS
One must wonder if what Galbraith is really advocating is not simply state power as an end in itself and individual deprivation both as an end in itself and as a means of demonstrating the power of the state.
by Thomas Sowell | May 1, 2006 | POLITICS
Random thoughts on the passing scene: Some people think they have bad luck when the real problem is that they took bad chances. Parents who are both conscientious and realistic discover sooner or later that they cannot do the job to their own complete satisfaction,... by Harry Binswanger | Apr 30, 2006 | POLITICS
At even $3.50 a gallon, gas is no more expensive now than in the 1950s, when it was in the range of 20 to 30 cents a gallon. Not if you use the Binswanger deflator of 15-fold to 20-fold. Nonetheless, we would expect gas to be considerably cheaper, like almost every... by John David Lewis | Apr 29, 2006 | POLITICS
On August 6, 1945 the American Air Force incinerated Hiroshima, Japan with an atomic bomb. On August 9 Nagasaki was obliterated. The fireballs killed some 175,000 people. They followed months of horror, when American airplanes firebombed civilians and reduced cities... by Thomas Sowell | Apr 28, 2006 | Economics, Energy, POLITICS
One of the beauties of an economy coordinated by price movements is that nobody has to understand it in order for it to work. If vast new iron ore deposits are discovered tomorrow in Timbuktu, 99 percent of the people on this planet may be wholly unaware of it —...
