Child Sacrifice, Palestinian Style

Israel is criticized for alleged insensitivity to the risks of casualties among civilians, especially children, during counter-terrorist missions. But the tragedy of unintended casualties from justified military actions cannot be compared to a society’s...

Scour the World for Stocks

In the good old days, foreign stocks provided balance. Typically, if U.S. stocks were having a bad year, non-U.S. stocks would be having a good year. One study found that for the 25 years between 1970 and 1995, foreign stocks beat U.S. by a wide margin in 12 years,...

Wins and Losses: Bush’s Dilemma

President Bush can count two unexpected victories in the past week: a broad mandate from the American people — in the form of an unprecedented mid-term congressional sweep — followed by a unanimous United Nations Security Council vote approving the...

SEC Should Support Markets and Not Central Planning

Harvey Pitt had to go. He had lost the credibility to run the Securities and Exchange Commission. Now, President Bush should move swiftly to replace him. The SEC has too much on its plate for dawdling. What the country needs is someone who has the guts and stature to...

Eliot Spitzer’s Attack on the Securities Industry

Whatever you may think of Microsoft, the decision last Friday by federal judge Colleen Kollar-Kottely to approve the company’s settlement with the Department of Justice was a much needed rebuke to the scorched-earth prosecutorial mindset of today’s state...