Terrorists Attack Already Priced Into Market

This column is going to be about what no investor wants to talk about: another terrorist strike on American soil, and how could it affect the stock market. How likely it is to happen — and when? “When” is really the only question. Not...

Three Cheers for Bill Cosby

May 17 saw several gatherings commemorating the 50th anniversary of the 1954 U.S. Supreme Court school desegregation decision in Brown vs. Board of Education. But the event held in Washington, D.C.’s Constitution Hall will be the one to be remembered because of...

The “Working Poor” Scam

BusinessWeek magazine has joined the chorus of misleading rhetoric about “the working poor.” Why is this misleading? Let me count the ways. First of all, Census data show that most people who are working are not poor and most people who are poor are not...

Assisted Suicide: A Moral Right

If a doctor is willing to assist in the suicide, based on an objective assessment of his patient’s mental and physical state, and on objective evidence of his patient’s consent, the law should not stand in his way.

The Day After Tomorrow: The Ice Age Cometh?

Coming to a theatre near you on Memorial Day is “The Day After Tomorrow”, a movie based on the notion that global warming will lead to a new ice age in America. As science fiction goes, this is as fictional as one can get because there is absolutely no...

Majority Rule: The Tyrants Next Door

There’s a funny little radio spot that’s been running locally. It’s a (fake) phone conversation between a man who wanted his car painted midnight blue and a guy at the paint shop who tells him they’ve gone with “a stunning shade of...

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