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
While politicians were expressing their shock to the media over the mistreatment of Iraqi prisoners, the Iraqi terrorists gave us a bitter lesson in what real shock is all about, with the videotaped beheading of an American civilian who was in Iraq to try to help...
As you may have heard, the Boston Globe published, as real, fake pictures purporting to show American soldiers in Iraq gang-raping Iraqi women. The pictures were actually from a porn website and were staged (not to make any political point, needless to add). The...
When former president Ronald Reagan declined to enter America into the United Nations' Law of the Sea Treaty (LOST), it seemed the debate over regulating the world's oceans at the global level had ended, at least for the duration of his leadership. Under former...
Media Matters for America is a new website (mediamatters.org) "dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation." It's been developed with the zillions of tax-deductible dollars that George Soros and others contributed to...
Media Matters for America is a new website (mediamatters.org) "dedicated to comprehensively monitoring, analyzing, and correcting conservative misinformation." It's been developed with the zillions of tax-deductible dollars that George Soros and others contributed to...
It's been a miserable month in Iraq, but a wonderful month for the American economy. "The April employment report confirms unambiguously that the labor market is back," said Economy.com, the respected website, on Thursday. Some 288,000 net new jobs were created, and,...
Q: Dr. Hurd, on your article on gay associations, what reasons would you have if a person wanted to have an "association" with a parent, a sibling, a cousin or a minor? Where would you draw the line and what reasoning would you use to make this conclusion of yours? A:...
Five or six years ago, a friend I have known since high school -- let's call him R. -- rhapsodized about a money manager who lived in, of all places, Santa Fe, N.M. "Find Garrett Thornburg," said R. "This guy has the best financial mind in America, and who knows about...
Q: I need the spirit of optimism in daily news analysis. Is there something wrong with me that I need to hear good things from other people? A: Not at all. A news commentary should tell you that there's hope, if there is hope. At the same time, a news commentary...
Ladies and gentlemen, it is understandable to want to help out poor families, and toward that end it has been suggested that Congress increase the minimum wage, from the current $5.15 an hour to $6.65 an hour. Well, I have good news and bad news for you. The bad news...
Although Brown v. Board of Education dealt with race and with schools, its judicial philosophy spread rapidly to issues having nothing to do with race or schools. In the half century since Brown, judges at all levels have become unelected legislators imposing the...
According to AOL News, a video posted Tuesday on an Islamic militant Web site showed the beheading of an American civilian in Iraq, and said the execution was carried out by an al-Qaida affiliated group to avenge the abuse of Iraqi prisoners by American soldiers. To...
The landmark case of Brown v. Board of Education was immediately about schools, even though it quickly became a precedent for outlawing racial segregation in other government-controlled institutions and programs. What was the basis for that landmark decision and what...
The slaughtering of Nick Berg is one small step for terrorists and a major leap for the West's encounter with Jihadism. The videotape, posted on the Ansar website, is one of many horrifying acts perpetrated by the followers of Osama bin Laden. It has also become a...
Scandal! Shocking! Shame! A public relations setback for the war! The world no longer trusts America with her loss of the moral high ground! Yes, the pictures at the Abu Ghraib prison in Baghdad show coalition American soldiers taunting, humiliating and apparently...
May 17, 1954 -- half a century ago -- saw one of the most momentous decisions in the history of the Supreme Court of the United States. Some observers who were there said that one of the black-robed Justices sat on the great bench with tears in his eyes. The case was...
The American Civil War was not about conditions in Andersonville prison and the war in Iraq is not about conditions in Abu Ghraib prison. Terrible things happened in both military prisons but that was a small part of both these wars. When our troops are putting their...
During the recent debate on legislation to reauthorize the federal highway system, many supporters of the program claimed that it would create 2 million jobs. But as decades of research demonstrate, such claims are questionable given the mixed findings of the many...
The roar of good economic news is getting louder. Our economy expanded 4.2 percent in the first quarter of the year. That follows 4.1 percent growth in the fourth quarter, and 8.2 percent growth in the quarter before that. Over the last three months alone, our economy...
Random thoughts on the passing scene: Australian economist Wolfgang Kasper has figured out the day on which the average citizen has earned money enough to pay his taxes, so that he can then begin earning money for himself instead of for the government. For Singapore,...
Speech by Donald L. Luskin to the Corporate Finance Council of San Diego.Tonight I'm going to be talking about the controversy over "offshore outsourcing" in the context of a book I'm writing. My book is about the intersection of the science of economics, the power of...
Speech by Donald L. Luskin to the Corporate Finance Council of San Diego.Tonight I'm going to be talking about the controversy over "offshore outsourcing" in the context of a book I'm writing. My book is about the intersection of the science of economics, the power of...
The re-election of Sudan to the U.N. Human Rights Commission--chaired by terrorist-sponsoring Libya in 2003--demonstrates once again the total moral bankruptcy of the United Nations. The list of atrocities and violations of human rights in Sudan is endless. As Human...
Those who imagine that collective decision-making by government officials is better than individual decision-making in a market economy should have been present at a recent meeting of the Planning Commission for the city of San Mateo, California. A man who has been...
"Week after week after week after week," said Sen. Ted Kennedy, D-Mass., about President Bush's rationale for going to war with Iraq, "we were told lie after lie after lie after lie." Were we? Jordan recently seized 20 tons of chemicals trucked in by confessed al...
When Philip A. Fisher died last month at the age of 96, it suddenly struck me that being a wise and patient stock market guru may be the best route to a long life. "His career spanned 74 years," wrote his son, Kenneth Fisher, in a column in Forbes. "He did early...
Last year, Sen. Fritz Hollings (D-S.C.) and Rep. Charles Rangel (D-N.Y.) introduced bills calling for reinstatement of the military draft. A far more descriptive term for the military draft is government confiscation of labor services, but keeping with the spirit of...
After a year in which every stock market in the world has risen handsomely, real estate has gone through the roof, and bonds and commodities have soared as well, the witty and bearish Jim Grant, editor of Grant's Interest Rate Observer, has titled his spring...
If you ask most people about the cost of medical care, they may tell you how much they have to pay per visit to their doctor's office or the monthly bill for their prescription drugs. But these are not the costs of medical care. These are the prices paid. The...
The press has done its usual fine job of reporting on the siege of Fallujah--which is to say that it is impossible for the public to figure out what is going on there. The difficulty isn't all a matter of bad reporting, though. The important thing to remember is that...
In an op-ed back in March, syndicated columnist Walter Williams slammed public schools for their absurd policies. One of the examples he cited was of Metro Nashville Public School administrators' decision to stop posting honor rolls or displaying academic results on...
Q: Why do you think President Bush is making Constitutional opposition to gay marriage such a priority? I'm much more concerned about lowering taxes further and cutting the role of government in our lives. What gives? A: I blame it all on religion and supernaturalism....
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