"Houston, you've got a problem." In the competition to award a new NFL franchise, the National Football Association pits Houston against Los Angeles. For its part, Houston pledges a $500 million "entrance fee," plus hundreds of millions of dollars more in public...
POLITICS
John F. Kennedy, Jr. and the Contradictory Legacy of Camelot
JFK, Jr. represented many things. He was handsome. He was the son -- and namesake -- of one of America's most famous and beloved Presidents. He was the little boy who saluted his slain father's casket in that memorable picture. JFK Jr.'s popularity, like the late...
The Unfavorable ”Balance of Trade” and Other Dense Horror Stories
Government leaders have, for centuries, bemoaned the imagined ills of trade deficits. Kings of ancient yore endeavored to achieve surpluses to fund their wars. Dictators of all stripes have carefully sheltered their economies from foreign goods. Because of this...
John Kennedy, Jr.: America’s Prince?
Crystallization. Nineteenth century French writer Stendhal used the word "crystallization" to describe how we ignore flaws, imperfections, ambiguities, and inconsistencies in people we love. If you take a tree twig, said Stendhal, shove it in a mound of salt and pull...
The Paper Tiger: What Pragmatism Means to America
Over last summer, President Clinton traveled to China, ostensibly to make headway in Sino-American relations. He had billed his trip as a chance to discuss "human rights" issues with the Chinese government because China's record on human rights was disgraceful. But no...
Bush’s Compassionate Conservatism Will Undermine the Republicans and Capitalism
What once distinguished Republicans was their commitment to limited government.
Is hatred on the rise?
Another bigot. More screaming headlines about a racially bigoted serial killer. Subtext? That America remains an intractable, racist hellhole. What nonsense. White supremacist Benjamin Nathaniel Smith shot himself during a high- speed chase. Authorities suspect him of...
Attacks Against Microsoft Immoral
On March 3, 1999 Bill Gates will testified before the United States Senate Judiciary Committee to defend Microsoft against-anti trust charges. Prior to Gates's testimony, activist Ralph Nader will be mobilizing his "public citizens" to condemn Microsoft's practices....
July Fourth Celebrates America’s and the West’s Core Values
Reason, Rights, and Science Are What Made America Great
Opposition to Immigration is Un-American
Next month Congress will try to resolve a dispute with the White House over federal quotas for "H-1B" visas -- a type of work permits for immigrants filling high-tech jobs. Pending legislation would expand the quotas by 10,000 to 20,000 annually for the next five...
The “Corporate Welfare” Package Deal
Widespread in today's political climate is a fallacy known as the package deal. A package deal is a term that equates opposites due to superficial similarity, while ignoring the fundamental difference. One example of the package deal that is endemic in the world today...
Statism: The Cause of America’s Political Problems
Last week, I attended a memorial service for a 19-year-old girl shot in what appears to be a random, gang-related attack. The world may watch and fret over Columbine, but what I just described happens far, far more often. As the Democrats and the Republicans debate...
Culture and the Public Interest
In early January, a Southam-Pollara poll asked Canadians if government funding should be used to support "culture," meaning "books, films, music, and magazines." Respondents were almost equally for and against with a large contingent answering "I don't know." The...
The Importance of the Dow Jones Industrial Average Reaching 10,000
As a global equity analyst, I have been faced of late with many questions concerning "DOW 10,000". Investors are curious about the importance of this number, and whether it is an indication of good economic news. For those of you pondering the same issue, I offer my...
How Advertising Laws Are Established
The time has come when advertising has in some hands reached the status of a science. It is based on fixed principles and is reasonably exact. The causes and effects have been analyzed until they are well understood. The correct method of procedure have been proved...
The Economic Spin Doctors: Perception Creates Economic Reality
"A lot of what keeps some economies immune is the fact that people think they're immune. Believing makes it so. And that's very good." - Paul Krugman, MIT Economist A dangerous notion is currently gaining credence among global policy-makers: perception "creates"...
Violence in American Schools: An Interview with Dr. Michael Hurd
Capitalism Magazine: Many people, sociologists and psychologists among them, blame the rash of shootings by kids in schools on the violence depicted in video games, movies, and TV and on the prevalence of guns in America. What do you think is the most fundamental...
Is America Desensitized to Violence?
It's become a mantra. America is "desensitized." Violent movies, music and videos make Americans impervious to the pain and grief of others. Please. Can we hit the pause button on this "America the desensitized" stuff? In ordering a government investigation on how...
Millionaire Spike Lee: Victim of the White Man
Call him the "Teflon director." For nothing Spike Lee says, no matter how outrageous, seems to hurt him. Recently, Lee offered his post-Columbine "solution" to violence in America. The Academy Award-nominated director said that the National Rifle Association "should...
Rosie Attacks Tom Selleck For Supporting the Right to Self-Defense
OK, so it wasn't the Lincoln/Douglas debates. But it serves as a window into the mindset of the anti-gun "advocates." On May 19, Tom Selleck appeared on the "Rosie O'Donnell Show" to plug an upcoming movie. What happened looked like an ambush. O'Donnell, a rabid,...
Restrictions on “H-1B” Visas Punish Ability and Trample the Rights of Employer and Employee
Next month Congress will try to resolve a dispute with the White House over federal quotas for "H-1B" visas -- a type of work permits for immigrants filling high-tech jobs. Pending legislation would expand the quotas by 10,000 to 20,000 annually for the next five...
In Defense of the Police
"Almost all criminal defendants are, in fact, guilty." -- Alan Dershowitz, "The Best Defense," 1982. Assume, for a moment, that Dershowitz got it right -- that most of the guys the cops legitimately hook and book, the ones the DA prosecutes, did it. If true, this...
Did “Jenny Jones” Commit Murder?
In perhaps the biggest outrage since the Holyfield/Lewis draw, a Michigan jury ordered the producers of the "Jenny Jones" show to pay $25 million in a wrongful death lawsuit. Three days after appearing on the show, a guest shot and killed another guest. The family of...
The Modernists Embrace Normality
The art of Norman Rockwell is experiencing a revival in popularity, having been exhibited lately in many museums. A noteworthy cause of this revival has been the praisers of modern "art." That ilk of critics and college professors who had always regarded Rockwell as...
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