Zimbabwe’s President Robert Mugabe, a member of the Zimbabwe African National Union-Patriotic Front, has led his country to the brink of implosion. His policies flout freedom and the rule of law and have ruined a once-healthy economy. Washington should urge...
POLITICS
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
Spontaneity versus Whim Worship
What’s the fundamental difference between being a whim worshiper and being spontaneous? A whim worshipper acts on whatever urges move him, at the moment they first move him. He does not stop and use reason to evaluate what he’s doing. A spontaneous person...
Tax Cuts: Now More Than Ever
President-elect George W. Bush is being advised by his political foes to abandon tax cuts. This step, they tell him, is the only way to heal the wounds caused by weeks of legal wrangling and partisan rhetoric. Yet abandoning tax cuts would be a big mistake, both...
Jackson, Sharpton, and Gore Play Racial Rope-A-Dope
Democrats have no constituency more loyal than black Americans. Much of that loyalty is delivered by black elected officials, civil-rights organizations and church leaders such as Jesse Jackson and Al Sharpton. During the last election, these people did a...
The Drive Against Responsibility Supports Psychology without a Mind
It used to be a raging debate in psychology: Are human beings primarily determined by physiology — or by other factors such as environment, family, thinking habits, etc.? Today, such a debate is nearly non-existent. Instead of looking for the role of...
Mr. Putin Goes to Havana
This past week, Russian president Vladimir Putin visited communist Cuba on a diplomatic visit to that tropical paradise, that CNN commentators love to gush about, Cuba. [Now if only CNN would only move there permanently!] Many have questioned the purpose of the trip,...
Excellent Company or Excellent Stock?
“Buy the stock – it’s a good company.” This oft-repeated platitude is one that’s very popular on Wall Street, but it’s also one that I’m sick of hearing it because it’s not necessarily a useful guide for investors. A...
Hoisted by Their Own Petard
Given the inevitable liberal attack on the U.S. Supreme Court’s ruling that settles the election contest, it is important to be clear about what the Supreme Court did and who is ultimately responsible for its ruling. There are many pernicious lines of attack,...
Back to the Land of the Bromide
While the election crisis was still upon us, I hated it as much as anyone else. As a columnist, I probably hated it more. How do you write about politics when the news reverses direction every two hours? But now that it’s all over, I’m getting downright...
Time for Common Sense Again
Now that the election is over, can we talk sense? “Campaign finance reform” is a great political issue for an election year, but it makes no sense otherwise. What is a campaign supposed to do — and how will campaign finance reform affect how well it...
The Myth of “Emotional Intelligence”
Q: There’s a new corporate term in use lately — “emotional intelligence.” People are even being tested for their “emotional intelligence” levels. Is there any value in this? A: The very concept of “emotional...
The U.S. Child and Family Services Gestapo Targets Parents
This Christmas season, take a moment to say a prayer for the many innocent people sent to prison by injustice. You can safely say, “There, but for the grace of God, go I,” because the myriad causes of well-intentioned people have made it possible for...
Law and Order Tyranny
If you live in Albuquerque, N.M., and you have teen-agers who might be inclined to raid your wine, beer or whiskey cupboard while you are away, rent your housing, don’t buy. The city council has recently passed a law [September 2000] that lets the city seize...
Brace Yourselves for Floridation
One of my favorite bands, the Red Hot Chili Peppers, recently penned an ode to “Californication.” The term refers to the spread of the Golden State’s worst attributes: smog, strip malls, drive-bys, and celebrity worship. “It’s understood...
Dangers Lurk in War on Crime
The war against crime is getting out of hand and needs to be reassessed before the Constitution is torn to shreds. Both lawmakers and law enforcers have forgotten that the ends don’t justify the means. In the determination to pursue crime — drug-related...
The U.S. Supreme Court Puts An End To The Florida Vote “Count” Farce
If the Supreme Court of the United States had not stepped in to stop the endless re-re-recounts in Florida, George W. Bush might have won a presidential election more times than Franklin D. Roosevelt — and all in one year. What has been even worse than all the...
Men Are Not From Mars and Women Are Not From Venus
Q: I observe much “male-bashing” in today’s America, and I also observe that it has become widely acceptable. (The “Lifetime” channel on cable TV provides one poignant example of this). I don’t mean the usual, superficial...
Confessions of a Venture Capitalist: Inside the High-Stakes World of Start-up Financing
I referred to the magic of Silicon Valley. That magic-an intoxicating mix of money, imagination, and inspiration-had its origin in the semiconductor boom of the 1970s, when dozens of companies seized on possibilities made ripe by Intel’s development of the first...
Separating the Wheat From the Chad: Election 2000 Facts versus Myths
Elections are supposed to be decided by voters on election day, not by judges later on. But once state and local courts inject themselves into post-election controversies, without any legal justification, the only institution that can get rid of their interference is...
No Stinkin’ Badges: The Case Against Judicial Activism
In the old movie classic “The Treasure of Sierra Madre,” armed men confront Humphrey Bogart, claiming to be police. “If you’re policemen,” he asked, “where are your badges?” “We don’t need no stinkin’...
Law and Economics
Rather than my usual fall schedule of teaching in the Economics Department at George Mason University, I taught “The Economic Foundations of Legal Studies” at the university’s School of Law to first-year law students. Economics is no stranger at...
The Real Grinches are Environmentalist Luddites Who Stand In the Way of a Free-Market For Electricity
Windmills and candles and warm woolen mittens. Staticky sparks from the fur of small kittens. Campfires and solar panels and thermal paddings. These are a few of the favorite things that radical environmentalists would rather rely on for warmth, light, and electricity...
Is Microsoft a Hypocrite?
I was saddened to see the lead article in last Tuesday’s (12/5/00) Wall St. Journal “Microsoft Tries to Lob Monkey Wrench Into AOL-Time Warner Deal.” In the story, reporters alleged Microsoft might be cooperating with the Federal Trade Commission to...
Crazy Double Standards
The Federal Trade Commission has released its year-long study showing how Hollywood’s film industry, the music industry and the video-game industry have been deliberately targeting and marketing all manner of filth and violence to America’s children. No...
Cracking the Value Code: How Successful Businesses Are Creating Wealth in the New Economy
The following is an excerpt from the book Cracking the Value Code: How Successful Businesses Are Creating Wealth in the New Economy by Richard E.S. Boulton, Barry D. Libert and Steve M. Samek: How much does the New Economy weigh? Answer: A lot less than you might...
Why Capitalism Triumphs in the West and Fails Everywhere Else
Some books are good, some are bad, but very few are real gems. One of these few gems is the recently published book “The Mystery of Capital” by Hernando de Soto. The subtitle tells what it is really about: “Why Capitalism Triumphs in the West and...
Tyranny is Creeping Up On Us
Tyranny is creeping up on us. If you don’t believe it, consider the most prominent hallmarks of the Nazi and Communist regimes, which sought to supplant democracy in the 20th century. In National Socialist Germany and the Soviet Union, there were no First...
How Leftist’s Ignore Statistics When The Numbers Contradict Their Political Vision
A recent Census Bureau study of incomes in the United States not only reveals some interesting facts about the economic well-being of Americans, it reveals even more about the mindset of our times, especially among the intelligentsia. Amid pages and pages of tightly...
The Eng@ged Customer: The New Rules of Internet Direct Marketing
The following is an excerpt from the book The Engaged Customer: The New Rules of Internet Direct Marketing: It may sound odd, but the Holy Grail of Internet commerce and marketing is to provide the same kind of service that merchants and storekeepers did about a...
UNICEF Kills the Little Children…
“Breast is best.” No, it’s not the new slogan for Hooters restaurant. It’s the mantra of breast-feeding advocates who promote their cause with a cult-like fervor around the world. Their extremism must be condemned. I have nothing against...
Singapore Should Not Be Condemned By Its Neighbors, Rather Its Economic Practices Should Be Copied By Them
While Americans were home enjoying our Thanksgiving bounty of political controversy, Indonesia’s President Wahid Abdurrahman decided to raise a political ruckus of his own in Asia. At a recent meeting of the Association of South East Asian Nations (ASEAN), Wahid...
Anecdotal Economics: Leave Crane Hunting in China To Bird Watchers
Crane hunting is the craze for foreign investors traveling in China. Seemingly every morning an American wakes up bright and early in his five star hotel built in the coastal cities expressly for the purpose of pampering foreign investors with expense accounts. He...
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