POLITICS

What a Rational Immigration System Actually Looks Like

Americans have a rational self-interest in admitting people who will strengthen that protection and excluding people who will undermine it.

Limit Lobbying By Cutting Government

In their view, the traditional Washington career path -- a stint in government followed by a lucrative job lobbying former colleagues -- is inherently corrupt. Both candidates propose restrictions, including limits on the ability of former government officials to...

Housing Hurdles in California

Housing Hurdles in California

A new study shows that you need an income of about $104,000 to buy an average home on the San Francisco peninsula with a 20 percent down payment. Since the average price of a home in this area is more than half a million dollars, the 20 percent down payment itself...

The Anti-Free Trader’s True Enemy

There's the "Free Trade but Fair Trade" crowd, and the "Level Playing Field" crowd, and the "America First" crowd, all calling for tariffs and other international trade restrictions. Their supposed adversary is corporate America, seeking to boost profits by either...

What Makes the Super Bowl “Super”

Hours before the Green Bay Packers defeated the New England Patriots 35-21 in Super Bowl XXXI on January 26, 1997, I overheard a supermarket cashier greet a coworker with a salutation I'd not heard before: "Happy Super Bowl Sunday." That incident had me realize that...

Senator John Edward’s “Special Interests”

Senator John Edward’s “Special Interests”

This election year we are sure to hear a lot about "special interests." Candidates of both major parties, as well as candidates of third or fourth parties, are sure to denounce special interests both hotly and repeatedly. The secret of these verbal fireworks from all...

T.S. Ashton on The Industrial Revolution

Despite more than a hundred years of condemnations and the harshest ridicule men like Friedrich Engels could hurl at the time period known in Great Britain as the Industrial Revolution (1760-1830) Dr. T.S. Ashton took up the task of restoring, or at least attempting...

Judeo-Christian Philosophy and the Founding of America

A curious notion is mushrooming lately on programs such as "The O'Reilly Factor" and other current events shows. Certain commentators claim that the United States of America owes its existence to what is termed "Judeo-Christian" philosophy. Now I will not dispute that...

History Refutes Rubinomics

Robert Rubin, Bill Clinton's Treasury Secretary, is back -- and he's everywhere. He's written a book. He's delivered a paper before the prestigious American Economic Association. He's giving loads of TV interviews. Among Democratic candidates who realize the election...

The Government’s Accounting Shell Game

Americans shell out more than $2 trillion each year to keep our federal government running. The least we should expect in return is honesty. Alas, Washington officials aren't telling the truth about how much they've spent, are currently spending or plan to spend....

Expensing Options Revisited

Paul Atkins this month became the first SEC commissioner to criticize openly a proposal to require companies to treat employee stock options as current expenses. Atkins began by questioning whether the Financial Accounting Standards Board, which has aggressively...

Phony Democratic Debates

Phony Democratic Debates

The so-called "debates" among the Democratic candidates in the primaries are not really debates -- and that is a real shame. In a real debate, opponents could question each other's statements -- and there have been a lot of questionable statements made already in this...

When Did The Howard Dean Meltdown Really Begin?

When Did The Howard Dean Meltdown Really Begin?

Supporters of former Vermont Governor Howard Dean, aka "Deanie-boppers," accuse the media of piling on by repeatedly playing his now infamous Iowa caucus "concession speech," punctuated by his banshee-like "Yeeeaaaaaarggh!" Dean's admittedly un-presidential behavior...

Sweatshop Expoitation

Here's a question. Suppose you see people lining up for hours, and people willing to pay a month's salary in bribes, in order to get a $2 a day factory job. What might you conclude? Would you guess there are higher-paying jobs around, but the people are too lazy to...

Great Investing Secrets Revealed

Successful investing all about having the right information. That must be why I frequently get emails from readers asking me what sources of investment information I like best, or where on the Web to locate this or that specific piece of data. So today's column is...

Rewarding the MVPs of the Business World

As millions of Americans watch the New England Patriots take on the Carolina Panthers, every minute of the game will be scrutinized, from all angles and with action replays. But, amid the cheers of victory and cries of disappointment, you won't hear a whisper of...

Stretching the Poor

Stretching the Poor

What do you do when you don't have as much of something as you need? One of the things you can do is stretch it out to make it last as long as it can. That is what the political left is doing with the poor. A lot of noise is made about how we are "running out" of this...

A Radical Solution to America’s Moribund Space Program

After years of declining budgets, public apathy, and failed missions, NASA has gotten a big boost from the Bush Administration's recent promises of extravagant missions to permanently settle the moon and eventually explore Mars. No one knows what it would cost, but a...

On WMDs: What Did the Democrats Say?

On WMDs: What Did the Democrats Say?

Did Saddam Hussein and his interest in weapons of mass destruction pose a threat to the United States? Just ask the Democrats. Former Vermont Governor Howard Dean (D), appearing on "Face the Nation" in September 2002, said, "There's no question that Saddam Hussein is...

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