POLITICS

Why Is American Healthcare So Expensive?

Because it doesn’t operate as a market.

Anti-Israel Terror Backfires

A day after Israeli troops killed its second leader within a single month, the Islamist terrorist organization Hamas put on a brave face. The Israelis “are dreaming” if they think this would weaken Hamas, announced Ismail Haniyeh to a crowd of over 70,000...

Dealing with Investing Panic-mongers

“I am in a PANIC over this article, telling people to get out of stocks,” said an impassioned e-mail I received last week from a nice, intelligent professional woman who is a friend of a friend. “Is he right???? I am 52 years old, and I really hope...

Watchout for Hillary “Health” Care

Watchout for Hillary “Health” Care

A huge headline on the front of a recent issue of the New York Times Magazine said more than they intended: “Now Are We Ready to Talk About Health Care?” Inside was an article with the same title by Hillary Clinton. The casual arrogance of that question is...

Conservation or Confiscation?

In April, the New Jersey Builders Association finally managed to muster an attack on legislation whose purpose it is said is to “conserve” a wide swath of northern New Jersey called the Highlands. In Congress, there’s also a Highlands Conservation...

“Giving Back”: Involuntary Servitude for the Young

John Kerry keeps talking about young people “giving something back.” Exactly what did young people take away and from whom did they take it? What is the factual basis for such an accusation? And why is it so general, applied to the whole population of...

Exchange-Traded Funds (ETFs)

The mutual fund is the most successful investment vehicle the world has ever seen. But it has its drawbacks. Mutual funds are not sold on an open market like individual shares of stock, but by fund companies themselves — either directly to shareholders or...

Big Times, Small Men

Q: I agree with you that President Bush is a conservative who embodies yesterday’s liberals, as exemplified by his massive domestic spending, expansion of Medicare, campaign finance reform, etc. But don’t you think this is just his political opportunism at...

Bush’s Religiosity Wounds the War Effort

The religious foundations of the new governments in Afghanistan and Iraq threaten to undercut the Bush administration’s war on terrorism. Being a champion of religion, however, Bush sanctions these developments that aid and abet America’s would-be...

Criminalizing Business, Part 2

Criminalizing Business, Part 2

Can you imagine being charged with murder for the death of someone you didn’t even know was dead, when you were not even around when it happened? Only in California — and only if you are in business. In a state where hardened criminals are coddled, and...

Fixing a Broken Tax System with a Flat Tax

America’s complicated tax system needs a complete overhaul, not minor fixes. The large role that system plays in many of the political dramas dominating the daily headlines shows why. Republicans and Democrats, for instance, are fighting over the...

Has the Bush Administration Trashed the Environment?

Has the Bush Administration Trashed the Environment?

On the eve of “Earth Day,” the Bush administration stands accused of trashing the nation’s environment. The New York Times similarly indicted the administration in its recent Sunday magazine cover story: “Changing the Rules — How the Bush...

Criminalizing Business

Criminalizing Business

The recent conviction of Martha Stewart for lying to federal investigators looking into “insider trading” is one of the sad signs of our times. If you create enough laws, everyone will be a criminal. Perjury should of course be a crime, even when it is...

The People Who Brought You the Weekend

The People Who Brought You the Weekend

Another bumpersticker for you: “The Labor Movement–The People Who Brought You the Weekend.” Not quite. Improved working conditions don’t happen because a compassionate President signs them into law. If any given law would harm significant...

Racial Profiling

What is racial profiling, and is it racist? We can think of profiling as using cheap-to-observe characteristics as indicators or proxies for more-costly-to-observe characteristics. A person’s physical characteristics, such as race, sex and height, are cheap to...

Government by Emotion

Q: As you argue, the only proper role of government is to protect our individual rights against fraud and brutality, foreign and domestic. At what point does government intervention “cross the line”? One is not allowed to commit slander (or libel), but...

Thrill of the Hunt

Q: What do you think of hunting and killing animals? And should it be legal? A: Frankly, I find it rather depraved to hunt and kill animals for the sake of sport. Don’t misunderstand. Animals don’t have human rights and human beings have a right to kill...

Prices, Halting Signals and Economic Interventionism

In a constitutional history class that I’m taking I recently heard an interesting idea. The class was studying the way the US Supreme Court changed its stance on economic interventionism during the years of the Great Depression. The case in point was Nebbia v....

Why Are CEOs Paid So Much?

Are America’s CEOs paid more than they deserve? Many people’s answer is a vehement: Yes. That view is reinforced anew every spring, when companies file their financial statements and we learn how much CEOs were paid last year. In 2003 the average pay for...

Tax Injustice Day: Altruism vs. Americanism

On Tax Day consider some basic facts. The wealthiest 1% of the taxpayers pay 34% of all federal income taxes. The top 50% pay 96% of the total bill. This means that the least wealthy 50% pay almost nothing. In short, the income tax system soaks the rich. In the name...

Before You Donate to Support a College…

In far too many instances, what passes as college life and education today is no less than shameful. Under the name of diversity and political correctness, billions of taxpayer dollars and donor contributions are used to promote what might be charitably called...

9/11 Commission’s Titanic Irresponsibility

9/11 Commission’s Titanic Irresponsibility

The so-called “9/11 Commission” is supposedly trying to find out what happened, or failed to happen, that allowed the terrorist attack of September 11, 2001 to succeed. But there is a big difference between trying to unearth facts about September 11, 2001...

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