Thousands of people from around the world will raise their right hands, swear allegiance to the United States, and become proud American citizens this weekend. They will become Americans because they choose to do so, they love what we stand for, and they are willing...
POLITICS
Death to Theocracy: America Must Act Now to Bring Down Iran’s Regime
The Bush administration has been right in recent weeks to focus attention on Iran--but not because of the threat that Iran might build nuclear weapons. Iran is the source of a much more powerful weapon of mass destruction that has already been unleashed against the...
Grateful for the Patriot Act
To civil-liberties alarmists, Viet Dinh is a traitor. To me, he is an American hero. Dinh, 35, is widely known -- and reviled -- as the primary architect of the Patriot Act. Until May, he was an assistant attorney general for the Office of Legal Policy in John...
Declaring Our Independence. Again!
I have a friend who says America needs a new Declaration of Independence. Specifically, he says the United States needs to declare its independence from the United Nations. There is little the US gains from being tied to the dictates of the UN and much to lose as it...
No Media Bias?
Denials of media bias seem to have become more frequent or more vehement lately. Some in the media try to dismiss the accusation as old stuff. But the only real question is whether it is true, because the truth doesn't wear out with the passage of time. Media bias...
Destorying Black Youth
In last week's U.S. Supreme Court's affirmative action decision, Justice Clarence Thomas' dissent included a quotation from an 1865 speech by abolitionist Frederick Douglass. "What I ask for the Negro," Douglass said, "is not benevolence, not pity, not sympathy, but...
Sabine Herold: Saving France From Itself
In the 15th century, a young woman named Joan rallied the people of France to revolt against their English oppressors. Today, another young woman, named Sabine Herold, is trying to do the same thing. Only she is not trying to save France from foreign invaders but from...
The Fourth of July
Why do we celebrate the Fourth of July? After all, we are taught from kindergarten to the universities that all cultures are entitled to equal respect. Why then celebrate the creation of a nation that is no better than any other nation? Indeed, if you heard only the...
In Praise of Another Tax Cut
Early on in the 2000 presidential race, President Bush unveiled his plan for a $1.6 trillion tax cut. Back then, the justification was that the economy was in great shape, and the designated beneficiaries were, as Bush put it, "those who paid the bill," i.e., the...
Death to Dictators in Iran
"Happy colors became sinful, joy became a crime, and death was worshipped." That's how Reza Mahmoodshahi, writing last December in The Cornell Review, describes what happened in 1979 when Ayatollah Khomeini returned from exile and assumed his post as Iran's supreme...
Revisiting the Efficient Market Hypothesis
Over the past few months, the stock market has put on one of those frequent demonstrations that show exactly why smart investors buy stocks and hold on to them -- or, better yet, why they consistently buy more. The economic news has not been good, with unemployment...
Reducto Ad Totalitarianism
Imagine a society in which an unelected, few people, qualified for power only by their mastery of esoteric terminology and incantations, are able to dictate our everyday lives in the most minute detail--growing rich in the process by siphoning off unearned billions...
A Leap Toward Socialized Medicine — By One Vote
Last Thursday night, Congress approved President Bush's expansion of Medicare by one vote. Once Bush signs the bill, every American over age 65 will lose the freedom to choose, pay for and control drug treatments. The proposal, set to start in three years, is a plan...
Defining Market Share: A Glimpse at Reality
According to The Times of London, the city of Munich has replaced Microsoft Windows with a Linux operating system in 14,000 of its computers. This provided a glimpse of economic reality, completely contrary to the premise on which Judge Thomas Penfield Jackson...
Cancer Cluster Bluster
Exploiting junk science is great for re-election campaign coffers. Thus, one of Sen. Hillary Clinton's first major crusades after she took office was to whip up public health hysteria on Long Island, where some activists have blamed slightly elevated breast cancer...
Government’s Long-Term Fiscal Imbalance
One of the hottest documents circulating around Washington today is a highly technical, statistics-laden, 131-page paper by Hoover Institution economist Michael Boskin. First reported by Jim McTague in Barron's on June 16, it estimates that the taxation of pension...
ImClone’s Sam Waksal Should Have Read Ayn Rand’s ‘Atlas Shrugged’
If Sam Waksal had read Atlas Shrugged, he may have walked free. In a memorable scene in Atlas Shrugged, Hank Rearden, a self-made steel magnate, sat, like Waksal, in a courtroom, on trial. Rearden, like Waksal, had violated the law. Rearden's crime had been to sell...
Saving Racism in our Universities
There was some talk recently about upcoming vacancies on the Supreme Court because some retirements were expected. However, the High Court's decision on affirmative action suggests that there are already vacancies, even though no one has resigned. We can only hope...
Airline Deregulation Revisited
Ever wondered how the whole airline fare system works? Why is it, for example, that the guy you sat next to on that flight to Schenectady got a fare that was half of what you paid? Why is it that fares booked a month out are cheaper than fares booked two weeks out,...
The Democrat’s Barry Goldwater
One of the problems with polling is that people are often given open-ended alternatives to specific people and issues. For example, a political candidate may poll poorly when an opponent is unspecified, because people in effect insert their ideal candidate as the...
Cutting Interest Rates
On June 24, the Federal Reserve's Federal Open Market Committee meets to set monetary policy. The conventional wisdom -- which is almost always accurate in this area -- is that the FOMC will cut the federal funds interest rate by at least 25 basis points (0.25...
Eliot Spitzer Should Investigate Paul Krugman
I have an idea for Eliot Spitzer. As you know, the New York state attorney general has been crusading against stock research tainted by investment-banking relationships. He has fined Wall Street billions and ruined the careers of superstar analysts. So why doesn't he...
Patriotic Books for Children
Giving kids a better grasp of what America means usually begins with a good book. The combination of appealing pictures and exciting ideas may spark a young person's interest to learn more about a topic. Several classic children's books offer reasons to celebrate...
In Defense of Property Rights: The Challenge to Zoning Advocates (Part 6 of 6)
Zoning proponents have presented zoning as the solution to many of the "problems" confronting Houston. At a time when the nation, and indeed much of the world, is rejecting government programs as the solution, zoning advocates endorse a massive government program as...
Subscribe for free.
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.



