In Judge Jackson's "findings of fact" in which he declared Microsoft to be a dangerous monopoly, one fact was undisputed: the defendant is extraordinarily successful. This success is often described in terms of "market share," which is a measurement of millions of...
POLITICS
The Problem of World Hunger
President Clinton is angry because Americans supposedly waste too much food, especially at holiday time. World hunger is not a problem of redistribution. World hunger does not exist because you throw out half a stick of butter or an unfinished Coke. The real problem...
Socialism: Clinton’s Health Care Legacy
Bill Clinton is not leaving quietly, certainly not when it comes to health care. In a Presidential and Congressional election year and in a cultural climate where the public has been "educated" to believe that health care is an entitlement, Clinton is again...
The Moral Inversion in Seattle
The rioting and demonstrations at the World Trade Organization in Seattle offered us a view of a world in which everything is upside-down and backwards. It is a world in which hordes of middle-class students and $25-an-hour union workers band together to take away...
How Investors Can Become Divorced From Reality: The Stock Market School of Hard Knocks
I've worked as an equity analyst and portfolio manager for about eight years now, focusing on international markets. The question that I and most others in my profession are constantly asking ourselves is, "is the market wrong about this?" As a general rule, I think...
The Religious Right’s Descent into the Anti-Abortion Swamp Will Send Americans Reeling to the Far Left
The race for the Republican presidential nomination resembles a piety test over a single issue: the right to abortion.
The Battle Over the Economy: A Review of Popular Schools of Economic Thought (Part 2)
In my last article, I talked about the contradictory nature of the economic theories representing various schools of thought, and the fact that some of the most useful theories, those of the Supply-side school, are receiving the least amount of attention. Many of the...
The Battle Over the Economy: A Review of Popular Schools of Economic Thought (Part 1)
The rate hike by the Federal Reserve has spurred a lot of discussion and a lot of disagreement about inflation and the economy. While differing opinions in economics have always been a reality, I thought it would be a good idea to clear the air a bit and go over the...
Hollywood: Another Casualty in the War on Drugs
Two hundred eighty-six million dollars last year. This year, $1.6 billion goes from the United States to Colombia to fight the "war on drugs." "Clinton spent more federal money in the war on drugs in his first four years than was spent during Reagan's and Bush's 12...
A Sin to Deport Elian Gonzalez
It would be a sin to deport Elián Gonzalez. To send a child to rot in the prison of Cuba for the alleged sake of his own well-being is criminal hypocrisy. To send him there in order to preserve his father's rights is absurdity, since there are no parental or other...
Hollywood should thank Al Gore
THANK YOU, Donna Brazile. If Hollywood is smart, they would send this lady a dozen long-stem red roses. I'll explain. NBC, along with the other major networks, faced an NAACP boycott for failing to increase minority hiring. Under pressure, NBC just agreed to add...
The Life of Six Year Old Elian Gonzalez Is In President Clinton’s Hands
Elián Gonzales, a 6-year-old Cuban boy, found Thanksgiving Day clinging to an inner tube off the coast of Florida, is about to be deported back to Communist Cuba on January 14, 2000, if the United States Immigration and Naturalization Service (INS) has its way. It was...
Taiwan: Stumbling in the Dark
Political news shook Taiwan's economy last week. The tumultuous chain of events began with a cancelled power project, led to a cabinet shakeup, a warning to investors, and then a run on the stock market. Afterwards, Taiwan 's recently elected President Chen Shui-bian...
The INS versus the Founding Fathers: An Interview with Emmanuel Foroglou
Prodos for Capitalism Magazine: America, the Land of the Free, is currently trying to expel a man who defends its highest principles. Why? Because he defends its highest principles! Reason, individual rights, capitalism, and the pursuit of happiness, are not welcome...
Why Racism Persists
"Any Day Now," a weekly sitcom on cable TV's "Lifetime" channel, chronicles the lives of two woman-one black; the other white - who have renewed their childhood friendship that began in Birmingham, Alabama, during the early 1960s. The show featured a special two-hour...
Rapid Climate Change and Human Intervention
The world's climate can change in just a few decades without any human intervention. Jeffrey P. Severinghaus of the Scripps Institution of Oceanography, using a new method of analyzing gases trapped in Greenland ice, showed air temperatures warming rapidly at the end...
Did Britain’s anti-gun laws save ex-Beatle Harrison?
"Thank 'My Sweet L-rd' For Gun Laws." A major newspaper opinion piece led with that headline. Ex-Beatle George Harrison, maintains the columnist, remains alive today only because of England's tough anti-gun laws. A few weeks ago, an apparently deranged man entered...
In Defense–and Against–the Euro
The following letter was sent in reply to John Lewis' article England, The Euro, and Socialist Europe. We present it followed by John Lewis' reply. In Defense of the Euro: Mr. Lewis: Painting Germany as a socialist planned economy that is stagnating is inaccurate....
Government Controlled Medicine: The Destruction of the Physician-Patient Relationship (Part 2)
One of the most tragic effects of state controlled health care is the phenomenomen of "brain drain." No young bright individual, no dedicated physician who has spent years mercilessly studying and mastering his art wishes to be a slave to the government. For a...
George W. Bush’s Prosperity Against Your Purpose
Governor George W. Bush claims prosperity is not enough. Instead, he says, we need prosperity with a "purpose." The crucial question remains: whose purpose? In a free country, individuals are left free to decide their own purpose, so long as they do not impose force...
Y2K problems will be minor
I'm not expecting a Year 2000 cataclysm. I've read a fair amount of literature on the subject, and it largely breaks down into two categories. In the first, you find sober discussions of the details with a conclusion that the problem is largely manageable. Any...
Government Controlled Medicine: The Destruction of the Physician-Patient Relationship (Part 1)
Approximately 2500 years ago Hippocrates, a physician-philosopher and genius from Greek antiquity, put into motion one of man's greatest and noblest achievements-Western Medicine. The inheritors of Hippocrates' rational Art-the physicians of today-are routinely...
In Defense of Martin Luther King III
"What's he really done in life?" A Montgomery civil rights worker posed this question about Martin Luther King III -- the eldest son of legendary civil rights leader Martin Luther King Jr. Pretty heavy thing, being named King III, and now he stands accused of lacking...
John Rocker: Designated Bigot?
"White racism exists," "National Review" editor John O'Sullivan once said, "But its social power is weak. And the social power against it, overwhelming." Too bad white Atlanta Braves relief pitcher John Rocker did not consult with O'Sullivan before Rocker shot his...
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