Making Gray Davis Accountable

California’s Governor Gray Davis is in hot water over his acceptance of $25,000 from Oracle Corporation following the state’s no-bid $95 million dollar e-government deal with the company. And while the governor probably wishes he had never heard of...

How Government Bureaucrats Helped Sink WorldCom

WorldCom has rallied as much as 53% in the two weeks since it was ignominiously ejected from the S&P 500 Index on May 14. Low-priced securities of distressed companies are often subject to such large moves in percentage terms. But WorldCom’s rally following...

The Post-Colonialist Famine

Today, more than a million people in Zimbabwe are starving, and up to three million face the imminent prospect of starvation. This has not yet excited much attention in the West. Zimbabwe, after all, is far away from the centers of American interest; all of our top...

Why Economists Are Not Popular

One of the many reasons why economists are unpopular is that they keep reminding people that things have costs, that there is no free lunch. People already know that — but they like to forget it when there is something they have their hearts set on. Economists...

The Virtue of “Playing God”

Thanks to infighting in the Senate, it appears that voting on legislation that would destroy the lives of life-saving heroes will be delayed until next year. Americans cannot afford to leave the fate of these individuals to legislative chance, however; in the name of...

“I am an American”?

Remember those public-service ads with the politically correct cast of actors staring into the camera and stating, “I am an American”? Something always bothered me about that campaign. It was the snarly attitude that many of the cast members had while...