POLITICS

The basic and crucial political issue of our age is: capitalism versus socialism, or freedom versus statism. For decades, this issue has been silenced, suppressed, evaded, and hidden under the foggy, undefined rubber-terms of “conservatism” and “liberalism” which had lost their original meaning and could be stretched to mean all things to all men. – AYN RAND

How To Make Medical Care Affordable

Rather than create more government subsidies, policymakers should eliminate supply-side regulations that reduce price competition and affordability.

The Myth of “Price Gouging”

Many consumers are angry about alleged price gouging at the pump, and politicians are listening. States with anti-"price gouging" laws are investigating and prosecuting complaints, while Washington is discussing a federal anti-"price gouging" law. Senate Majority...

Senate Condemnation Hearings

Senate Condemnation Hearings

The Senate confirmation hearings for Judge Samuel Alito told us more about the Senators than it did about Judge Alito. First, there were those long-winded preambles to "questions" for the judge. Then there were the Mickey Mouse maneuvers and insinuations, spiced here...

Democracy and the Right to Vote

From claims that we've won the wars in Afghanistan and Iraq simply because locals there can now vote, to recent "Get Out the Vote" campaigns, our leaders -- democrats and republicans alike -- consistently imply that the most fundamental American political idea is that...

Poverty Worship

During the American Bicentennial, my family hosted a cadre of Polish sailors as part of Buffalo, New York's contribution to "Operation Sail." While they were here, the Poles wanted to see an Indian reservation. Being close to several, my family gladly obliged. There...

“God’s Land”

Some of the most interesting aspects of the war against terrorism are found not in coverage about the war in Iraq, but from coverage of talk in the United States. Consider this recent news report: Christian broadcaster Pat Robertson suggested Thursday that Israeli...

The “Rights” of Dictators

"We [the Iranians] have a right to have nuclear technology. We are a nation with an ancient civilization and rich culture. I think it's really hypocritical of Mr. Bush to criticize Iran for having nuclear technology while Pakistan, India and Israel have nuclear...

Tax Cuts: A $70 Billion ‘Giveaway’ to the Rich?

Republican and Democratic big government advocates whine about President Bush's proposed tax cuts, particularly cuts in the capital gains tax. They say it's a $70 billion giveaway to the rich. Listening to demagoguery about the rich, I've sometimes wished that we...

Education: Then and Now

Education: Then and Now

Recent news that school children in Charlotte, North Carolina, had the highest test scores among children in big cities across the country had a special impact on me. Back in the late 1930s, I went to school in Charlotte and, while I don't know what the test scores...

Curing Poverty or Using Poverty

Curing Poverty or Using Poverty

"China is lifting a million people a month out of poverty." It is just one statement in an interesting new book titled "The Undercover Economist" by Tim Harford. But it has huge implications. I haven't checked out the statistics but they sound reasonable. If so, this...

Green Lies and “Open Spaces”

Green Lies and “Open Spaces”

Not often do Rush Limbaugh and New York Times columnist Paul Krugman agree on anything but recently both of them pointed out the same pattern in the prices of housing -- and both were correct. The pattern is this: Despite hysteria over high home prices, in most parts...

The Poverty Hype

Despite claims that the rich get richer and the poor get poorer, poverty is nowhere near the problem it was yesteryear -- at least for those who want to work. Talk about the poor getting poorer tugs at the hearts of decent people and squares nicely with the agenda of...

Some Thoughts on Career Politicians

Some Thoughts on Career Politicians

I don't make a million dollars a year but I think every member of Congress should be paid at least that much. It's not because those turkeys in Washington deserve it. It's because we deserve a lot better people than we have in Congress. The cost of paying every member...

Court Victory Against “Intelligent Design”

There was a significant defeat for the whole Intelligent Disguise--excuse me, Intelligent Design (ID)--movement today, when a Harrisburg, PA judge ruled against its being taught in the schools of a local school district. CNN reports: HARRISBURG, Pennsylvania (CNN) --...

Merry You-Know-What

Merry You-Know-What

It was just a small thing but I was taken aback when I received a memo saying that the offices at work would be shut down during "winter closure." Then it dawned on me that "winter closure" was what we used to call "Christmas vacation." Various colleges and...

The Consumer Rip-Off

Since allegations of oil company price-gouging have become topical, let's look at real price manipulation. Suppose a dairyman wants to sell a gallon of milk for 25 cents less than his competitors, would you want him fined or jailed? Federal Milk Marketing Orders would...

Universal Freedom: The Only Hope for Health Care

Universal Freedom: The Only Hope for Health Care

"Universal Health Care" is the increasing drumbeat of advocates who want Americans to place all responsibility for their health care in the hands of government. They say health care needs require us to put aside such considerations as personal choice and individual...

McCain’s Compassion for Evil

"We've sent a message to the world that the United States is not like the terrorists," McCain said earlier as he sat next to Bush in the Oval Office. "We have no grief for them, but what we are is a nation that upholds values and standards of behavior and treatment of...

Will the Pope Steal this Christmas?

Okay gang, only a few shopping days left to make this the biggest grossing holiday in the history of capitalism. And so far, so good. Running the numbers in mid-December, Mark Zandi, chief economist at Moody's Economy.com, predicted this year's Christmas sales will...

Betrayal of the Struggle

Last month, when Rosa Parks was laid to rest in Detroit, her eulogy contained well-deserved praise for her brave defiance of segregation laws that led to the 1955 Montgomery, Ala., bus boycott and later the 1956 Supreme Court ruling that banned public transportation...

The Media’s War

The Media’s War

The media seem to have come up with a formula that would make any war in history unwinnable and unbearable: They simply emphasize the enemy's victories and our losses. Losses suffered by the enemy are not news, no matter how large, how persistent, or how clearly they...

Leave Our Borders Open!

It is impossible to seal America's 19,857 miles of borders. But to gain a few votes and look "tough," politicians today have no qualms against throwing money at an impossible task. But it would be wrong to seal our borders, even if we could, beyond a defined period of...

The “Windfall Profits” Smear

Politicians and pundits claim that oil companies' recent quarter of higher profits is mostly a "windfall"--which should be "given back" to society via a proposed $20 billion tax. As Representative Dennis Kucinich and others say, they seek "to tax only excess profits,...

French Jacques Chirac’s New World Order Crumbles

A year ago, French President Jacques Chirac set out the core of a new strategic vision that would exclude the United States in favor of a European realignment with China. "Reasons of international balance justify strengthening links between Europe and China, I'd even...

Heavyweight Books

Heavyweight Books

Too many people don't read any books at all and some read only books with lots of pictures and simple words. However, at the other end of the spectrum, there are people who think nothing of digging into books that run into multiple volumes. This column is for them....

Mind-Changing Books

Mind-Changing Books

From time to time, readers ask me what books have made the biggest difference in my life. I am not sure how to answer that question because the books that happened to set me off in a particular direction at a particular time may have no special message for others --...

Gas Prices and Price Controls

Gas Prices and Price Controls

With all the recent hype and demagoguery about gasoline price-gouging, maybe it's time to talk about the basics of exchange. First, what is exchange? Exchange occurs when an owner transfers property rights or title to that which is his. Here's the essence of what...

Christmas Reading

Christmas Reading

My annual list of books to recommend as Christmas presents is led by the clearest front-runner in years: "1776" by David McCullough. There was a time when the very mention of 1776 struck a responsive chord in Americans, as the year in which their country's independent...

Oil Company Profits and The Senator From Windfall

Of all the politicians complaining about the profits and practices of America's wicked oil companies, few can top Sen. Maria Cantwell (D-Wash.). Among her latest ventures is a demand that the oil company executives who testified Nov. 9 be brought back to the Senate,...

The Unlearned Lesson of Enron–4 Years Later

Four years ago this month, Enron Corporation--number 7 on the Fortune 500--filed for bankruptcy, culminating a collapse that shocked America. It is commonly believed that Enron fell because its leaders, eager to make money, schemed to bilk investors. The ethical...

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