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...
POLITICS
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...
Campaign Finance Reform — Needed or Needless?
Question: What is "eating away at the fabric of democracy"? According to Democratic Presidential candidate Bill Bradley, the answer is the impact of special interest money on campaign finance. Ditto for Republican presidential candidate Sen. John McCain, for whom...
Individual Rights and the Essential Nature of Capitalism
Part 3 of 6 in a Series of articles on Capitalism, Free-competition, Antitrust, and MicrosoftThe following article is an adaptation of a lecture Mr. Salsman gave at Harvard University, in May of 1999. The print version has been edited lightly in order to retain it's...
The Department of Justice and Judge Jackson Commit The Crime of the Century
Forget the Lindbergh Kidnapping. The Crime of the Century is Judge Thomas Penfield Jackson's Finding of "Fact" against Microsoft. The 207 page condemnation of Microsoft as a "monopoly" that "hurts consumers," is one of the most egregious violations of individual...
Senator Bradley and the Black Vote
"I was spellbound." A black minister, attending a speech by Democratic presidential candidate Bill Bradley, made this gushing assessment. Bradley addressed 150 black ministers in Los Angeles, at an annual meeting of the Congress of National Black Churches. What caused...
Is it immoral to join a political party?
Q. Is it immoral for an Objectivist to join a political party? Why doesn't the Ayn Rand Institute have its own political party? A. It is not immoral to join a political party, although given the state of the major parties today, it may well be. The reason for this is...
England, The Euro, and Socialist Europe
For years the socialists have been claiming that England should join the single European currency (the Euro) and should follow a central economic policy as voted by all 15 nations. England, we are told, faces dire economic woes if it fails to join the economic "party"...
Clinton-China vs. Taiwan-America: Independence Day’s Meaning Long Forgotten
On July 4, the US celebrated its 223rd birthday with hot dogs, cotton candy, ice-cream and fireworks. There was much self-congratulation but few tributes to the day's real meaning. July 4, 1776 was the day the Continental Congress approved and signed the Declaration...
Clinton, the WTO, and Economics 101
What do the World Trade Organization protesters, President Clinton, and the Microsoft judge have in common? Answer: an almost appalling ignorance of Economics 101. The World Trade Organization, a consortium of 135 nations, met in Seattle to discuss ways to increase...
The Myth of Patient Safety
By demonizing the good name of health care professionals with unanswerable charges, the NAS is blaming alleged problems of the current system on a free market and commercial interests, and advancing the cause of a centralized, socialist health care system.
Are G.I. Janes Unwanted?
"Exodus of female recruits signals trouble for military!" "Military women less likely to advance!" A new Defense Department study on bias in the military prompted these hysterical headlines. For those who thought the military an example of growing fairness and...
‘Capitalists’ Celebrate 50 Years of Communism in China
I've seen numerous broadcasts of news programs on CCTV (the Chinese State-controlled TV channel) via satellite transmission. Even without the benefit of English translation, it is obvious that many of the "news" shows are little more than propaganda--pieces deployed...
Gold and The Economy: An Interview with Richard Salsman
Richard M. Salsman is president and chief market strategist of InterMarket Forecasting, which provides quantitative research and forecasts to guide the asset allocation decisions of pension sponsors, mutual funds, banks, hedge funds, and investment managers. He...
Jesse Jackson’s Legacy
Well, at least it's not about race. Reverend Jackson intervened on behalf of seven black Decatur, Illinois, high school students, expelled for inciting a brawl at a high school football game. "This isn't about black and white," he insists, "but wrong and right."...
Loved To Death: Will Canada’s “Universal” Health Care System Come to America?
The Canadian health care system of single-payer, socialized insurance is in trouble. Now, thanks to the ignorance and cowardice of our politicians, the American system is moving in the same direction. A growing number of Canadian doctors, angry at irrational...
George W. Bush-Wacked By the Irrelevant Pop Up Question
In an ideal world, the reporter would have been Jim Gray-ed. Instead, Andy Hiller, a reporter for WHDH-TV, the NBC station in Boston, got big headlines. He asked GOP candidate George W. Bush a series of four questions. Name the heads, asked Hiller, of the following...
Coming soon: The Fat Tax
It's on. The Centers for Disease Control and Prevention just released a new study. Americans, say the CDC, face a new epidemic -- fat people. The CDC calls nearly 18 percent of Americans "obese," meaning that nearly one in five of us weighs more than 30 percent above...
The History of HMOs
The new year begins as employees begin a process called open enrollment--when many employees designate a health plan through their employer. Unfortunately, most are forced to enroll in a managed care plan, i.e., an HMO or PPO. That's right: force actually lies at the...
Diversity and Multiculturalism: The New Racism
“Racial identity” erects an unbridgeable gulf between people, as though they were different species, with nothing fundamental in common.
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