Human Organs for Sale?

The organ-transplant tragedy at UC Irvine Medical Center, where according to the Los Angeles Times “more than 30 people died awaiting liver transplants . . . as the hospital turned down scores of organs that might have saved them,” illustrates the terrible...

French Family Values Revisited

Princeton University professor and columnist Paul Krugman deservedly won Forbes.com’s “Dunce of the Week” award for his New York Times column “French Family Values” (July 29, 2005). Krugman asks, “But are European economies really...

Terrorists and Banning Torture

Some people seem to see nothing between zero and infinity. Things are either categorically all right or they are categorically off-limits. This kind of reasoning — if it can be called reasoning — is reflected in the stampede to ban torture by Congressional...

Palestinians Taste a Dose of Their Own Medicine

A suicide bombing in Hadera, Israel, on October 26 that killed five people inspired the usual Palestinian joy: some 3,000 people took to the streets in celebration, chanting Allahu Akbar, calling for more suicide attacks against Israelis, and congratulating the...

How To Cure Inflation

Last month, President Bush nominated Dr. Ben S. Bernanke, currently chairman of the President’s Council of Economic Advisors, as chairman of Federal Reserve Board to replace the retiring Alan Greenspan. Alan Greenspan’s replacement comes at a time of...

Price Controls

I first became aware of the law of gravity as a small child when I pedalled by tricycle off the porch and crashed into the yard. Gravity was of course operating all along, whether I was aware of it or not. Economics is a lot like that. Many people who are completely...