Last week, I reported that 73 percent of California State University's black college freshmen required remedial math and 66 percent required remedial English. In last week's speech to the American Council on Education, Richard C. Atkinson, president of the University...
POLITICS
Backstreet Boy’s Off-Key Junk Science Crusade
If you thought the musical offerings of the Backstreet Boys were hard on the ears, wait'll you hear them croon about their political pet causes. One member of the famous pop singing group, Backstreet Boy Kevin Richardson, has established an environmental foundation...
Chips on the Dips?
You may have heard of the "chips on the dips" investment strategy. The idea is to buy stock in the major semiconductor firms whenever their shares fall more than 50 percent below their previous highs. While the computer-chip business is famously volatile, this...
Taxing the Living and the Dead
The all-out attempt in the media to scare us away from tax cuts was epitomized by a Newsweek cover with the caption: "Bush's $1.6 trillion gamble." In other words, it is a gamble to let people keep their own money, but apparently it is safe to put that money in the...
Supreme Court Judge Ruth Bader Ginsburg Pokes a Cheap Shot at Justice
While giving a talk in far-off Australia on February 1st, U. S. Supreme Court Justice Ruth Bader Ginsburg may have thought it was safe to take a cheap shot at a fellow American back home. Nor was she restrained by the fact that what she said was a lie. Back in 1997,...
Tax Cuts, Lock Boxes, and Other Magic Words of Politics
In this modern scientific age, we no longer believe in magic words that can transform a prince into a frog, or vice versa. But there are still magic words that can cause incredible transformations. For example, there are words that can transform the most big-spending...
The Debt for Slavery–and for Freedom
The demand for slavery reparations got a good airing last weekend at a National Reparations Convention held in Chicago. A formal plan for compensating the descendants of American slaves has yet to be drafted, the Chicago Tribune reported, but among the proposals...
The Compelling Case for Tax Cuts Now: Growing Surplus, Shrinking Debt
On January 16, President Bill Clinton transmitted to Congress his final budget blueprint for fiscal year (FY) 2002, arguing in the cover letter and commentary against reducing taxes for working Americans. According to the former President, "The favorable long-term...
In Defense of the Wealthiest One Percent
On Thursday, President Bush sent his tax-cut plan to Congress, and it was met with an immediate chorus of class-warfare yelping from the Democrats. House Minority Leader Dick Gephardt led the pack, complaining that Bush's tax cuts will go to "just the top 1 percent"...
Equal Rights and Good Economics Demand That Bush Should Reduce Taxes Across The Board
The Federal Reserve Board's recent decision to put downward pressure on interest rates has temporarily quieted those who claimed George W. Bush was exaggerating the possibility of an economic downturn solely to boost his tax cut plan. Many critics, however, continue...
Avoid a Trade War Over U.S. Antidumping Measures
Last October, when President Bill Clinton signed the fiscal year 2001 agricultural appropriations bill (P.L. 106-387) into law, the United States stepped closer to a trade war with some of its largest trading partners. Because of an amendment added in conference by...
Bush’s Tax Cut Plan is Both Moral and Practical
It time that we replaced guilt with the desire for justice.
Atlas is Shrugging in California
"The plane was above the peaks of the skyscrapers when suddenly, with the abruptness of a shudder, as if the ground had parted to engulf it, the city disappeared from the face of the earth. It took them a moment to realize that the panic had reached the power...
If You Pretend It’s Not a Dog, Will It Stop Barking?
A Libyan intelligence agent is convicted of murder in the bombing of Pan-Am Flight 103 that killed 270 people. On the same day, the Federal Reserve Open Market Committee (FOMC) reduced interest rates by 1/2 %--for the second time in a month--in order to stimulate the...
In Search of Honorable Men
If you are looking for male role models, men with spines of steel, men of courage, and men of honor, don't open a newspaper or turn on the TV. All you'll find are louts: -- Our former president figuratively trashes the White House for eight years -- and then literally...
Reparations for Slavery Arguments are Loaded with Contradictions
Johnny Cochran and a group of successful trial lawyers plan to bring class-action suits against the federal government and some private companies they say profited from slavery. Rep. John Conyers, D-Mich., has already introduced HR 40, titled "Commission to Study...
Philosophy: The Frivolous Discipline?
The death of a distinguished scientist or a leading novelist usually attracts public attention. But the recent death of perhaps the most celebrated figure in academic philosophy--Harvard's Willard Van Orman Quine--attracted virtually none. This lack of reflection on...
Bring Back Justice
In John Ashcroft's confirmation hearings for attorney general, the United States missed a rare opportunity to remedy the disastrous decline in the truth-seeking and justice-dispensing functions of the criminal justice system. When the administration of justice goes...
Reagan May Not Have Been “Smart”, But He Was Very “Wise”
The 90th birthday of Ronald Reagan may be an appropriate time to reassess the role of his presidency in the history of the 20th century. Some presidents simply happen to be in office when historic events occur, but other presidents make history themselves -- like...
Random Thoughts
Random thoughts on the passing scene: Merit is its own reward, but it's also nice to get a pay raise. The first big Washington scandal of the 20th century was the Teapot Dome scandal of 1921, which led three members of the Harding administration to commit suicide....
Beware of the Many Masks of Russia’s Putin
Russia is in the news: a crackdown on the media and the oligarchs; the Kursk submarine disaster; restructuring of the Federation, including the creation of seven federal superdistricts headed mostly by generals; and a change in the way members of the upper house of...
The Conservative Welfare State
In 1960, the novelist and philosopher Ayn Rand pronounced conservatism dead. The conservatives' refusal to challenge the fundamental ideas behind the welfare state, she argued, would doom them to a policy of appeasement and timidity. Sometimes it may seem as if her...
No Sense of Proportion in the Demand for Electric Cars
Mathematicians use the term "rational numbers" for numbers that can form a ratio. By this definition, there is a lot of irratioUality in California, where many people seem incapable of forming a ratio or proportion between different things. California's electricity...
In Search of…Civil Rights Violations
Racial charges by many black politicians, civil-rights spokesmen, self-appointed black leaders and guilt-ridden whites are just plain nonsense. They get away with them because we're ill-informed or are too timid to question their assumptions and assertions. Let's...
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.