Investing: High Price Ratios and Cheap Stocks?

At the top of the late great bull market in 2000 investors kept coming up with reasons why stocks weren’t really overpriced. I came up with a few juicy theories myself that will live forever in the Rationalizations Hall of Fame. But now, in the bowels of the...

Who Do Democrats Hate More: Saddam or Bush?

Talk about shooting yourself in the foot. Surely most Republicans observed in giddy delight as Senate Majority Leader Tom Daschle did his best imitation of Jack Palance on the Senate floor, accusing President Bush of “politicizing” the debate over national...

Censorship in Canada

The University of Toronto Objectivist Club is having an event this Sunday entitled “The Moral Case for Supporting Israel”. The club ordered from the Ayn Rand Institute 350 complimentary copies of a pamphlet entitled “In Moral Defense of...

The Anti-Capitalist Mentality

Consider the following statement issued on September 27, 2002 at a press conference by the leaders of last weekend’s “anti-capitalist convergence” in Washington, DC after hundreds of protestors were arrested for acts of violence and disorder,...

Does waging war on a tyrant make one a tyrant?

Agitated reader: I just can’t stomach your narrow minded opinions anymore. What gives the United States moral authority to wage a war against not just a tyrant, but innocent people? Dr. Hurd: What exactly would broad minded opinions consist of? Treating the...