POLITICS

Blaming Patents Won’t Lower Drug Prices

Congress is considering a bill that could deter billions of dollars of medical research investments, undermining U.S. global leadership as a healthcare innovator and harming U.S. patients That’s not Congress’s intent, of course. Lawmakers are trying to fix perceived...

Just One Breach

Just One Breach

Ayn Rand held that moral principles must be adopted as absolutes and that a single compromise will subvert a principle, as such. This holds true for the actions taken by nations as well as by individuals.  The founder’s failure to faithfully abide by their own “self-evident” truths offers a perfect illustration of what follows from a single breach of fundamental and guiding principle.

Are You A Racist?

Are You A Racist?

Are you a racist? All white people are, says “White Fragility” author Robin DiAngelo. Race explains everything, says bestselling “How to Be an Antiracist” author Ibram X. Kendi. “Every policy is either racist or anti-racist.”

Can Capitalism Survive?

Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.

Lessons for the Fed from the Pandemic

Lessons for the Fed from the Pandemic

Despite the serious costs of the pandemic, the responses to it have reduced costly government regulations and speeded up the development of vaccines via the private sector and encouraged new technologies.

Woke Language

Woke Language

It’s as if America is moving toward “1984,” George Orwell’s novel, in which government controls people’s thoughts by creating a new language, Newspeak.

Racial Equity Studies: Tribalism on the Warpath

Racial Equity Studies: Tribalism on the Warpath

If a racial equity study finds that a particular project will result in the displacement of “people of color,” it will be used as a club to beat developers into submission. Developers will be forced to abandon their project or concede to whatever demands activists and politicians can concoct.

Welfare for the Rich

Welfare for the Rich

Politicians always promise that public investment will return more in benefits to taxpayers. But it’s not true.

Lots of New Money, But Still-Low Inflation. What Gives?

Lots of New Money, But Still-Low Inflation. What Gives?

Banks, businesses, and households tend not to hoard money in good times, or when they have confidence in the credibility and predictability of policymakers; they hoard in bad times, when they lack sufficient confidence. That is precisely the case today, even if officials won’t admit it.

An Electoral College Within Each State

An Electoral College Within Each State

Instead of the United States abandoning the Electoral College, state legislatures should take us in exactly the opposite direction. From now on, they should abandon a statewide popular vote for president, and instead either appoint electors directly or implement an Electoral College-type system within each state.

Dr. Fauci’s Mutating Covid Advice

Dr. Fauci’s Mutating Covid Advice

In just under a year’s time, Fauci’s messaging on reinfection and herd immunity has now mutated across dozens of variants of its own, each conveniently aligning with his political messaging of the moment.

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