POLITICS

A Predictable Consequence of Trump’s Pragmatism

Despite Trump’s claims to the contrary, it was easy to predict that his arbitrary tariffs would increase prices.

The Alternative to the Obama Disaster? "Somehow"

Imagine if government "invested" in religion the way it invests in automobiles, banking, medical care and tons of other activities and services. What do you think this would do to religion -- and government? The same applies to newspapers and media, which operate in...

The Black Hole of Government Waste and Corruption

?"Washington will spend $2.6 million training Chinese prostitutes to drink more responsibly on the job." So stated an October 2009 report written by Brian M. Riedl, a Grover M. Hermann Fellow in Federal Budgetary Affairs in the Thomas A. Roe Institute for Economic...

Lady Gaga: Please Shut Up and Sing

Music megastar Lady Gaga is -- reportedly -- going to do her next album for free. Not surprisingly, Lady Gaga is also a known Obama supporter. Just what we need. Another millionaire in favor of socialism. Many of Lady Gaga's fans are socialists just like her. Yet if...

Altruism vs. Google

Incredibly, there’s antitrust action going on against Google. Google, which gives away its expert services! Search engines, led by Google, have revolutionized our lives. I noted this phenomenon back in 2003. It’s only 8 years ago, but it seems like a...

The Central Role of Saving and Capital Goods

The Central Role of Saving and Capital Goods

As the popular philosophy of the common man sees it, human wealth and welfare are the products of the cooperation of two primordial factors: nature and human labor. All the things that enable man to live and to enjoy life are supplied either by nature or by work or by...

Even Free Speech Troubles Some People

Q. I read with interest your commentary on free speech, published at Capitalism Magazine. I am troubled by the idea of “freedom of ALL speech”. If ideas matter, and they lead to action, then perhaps speech that advocates the violation of fundamental rights...

Uncle Sam Wants You! … To Inform On Your Doctor

Uncle Sam Wants You! … To Inform On Your Doctor

There was a bit of an uproar recently when the U.S. Department of Health and Human Services (HHS) announced, then withdrew, a plan to hire your fellow citizens to pose as patients seeking appointments with thousands of medical practices, using a script of false...

The American Jobs Act: An Anti-Jobs Jobs Bill

“Pass this bill now,” President Obama is repeatedly demanding, regarding his new American Jobs Act. There’s nothing new in the legislation, just more government spending, more transfers of money from “the rich” to Obama’s political...

The Broken Window

Have you ever witnessed the anger of the good shopkeeper, James B., when his careless son happened to break a square of glass? If you have been present at such a scene, you will most assuredly bear witness to the fact, that every one of the spectators, were there even...

And the Republican Solution is … What, Exactly?

Fox News online reports: "Obama's latest jobs plan calls for $130 billion in aid to state and local governments, providing either a welcome infusion of cash for those struggling with budget gaps, government layoffs and crumbling roads or merely a temporary patch for...

Is There a Right to Let Others Die?

When Republican presidential candidates who oppose socialized medicine are asked, in essence, "What will you do with a sick person -- let him die?" the answer they normally give is, "Of course not. The government requires hospitals to provide emergency care, and it...

9/11: Ten Years Later, America is Killing Itself

Today marks the tenth anniversary of the attack on the United States known as 9/11. A decade later, America is not at war with an external enemy as much as it is with itself. We live in a mixed economy, or a mixed social system. This means we are neither a free...

Obama's Speech to Congress

President Obama began his speech to Congress by saying: “The question is whether, in the face of an ongoing national crisis, we can stop the political circus and actually do something to help the economy.” In other words, “You oppose me because you...

The Rational Interest?

"The American nation needs the tonic of a serious moral adventure."Ayn Rand once referenced this quote by Herbert Croly from The New Republic in describing the roots of war.  Upon first publication, this quote was an endorsement of Wilsonian thinking at the dawn...

Sick of Democrats and Republicans? Here's a Plan

Sick of Democrats and Republicans? Here's a Plan

Q: Dr. Hurd, I know you're very critical of Obama and Republicans as well. A: The overriding goal is to privatize the economy as quickly and as thoroughly as possible. I would start by cutting spending. (1) Eliminate the Department of Education. This will save...

The Zero Growth Economy

Jobs growth is now, for the first time in American history, zero. Not a single new job was created in the American economy in the last month. Most people are understandably upset. But how upset is Obama? And how upset should people with his ideology really be? Zero...

The Psychology of Forcing Others

What drives a person to be a Big Government statist? Many motives are possible. One of them is to quiet their internal noise. What's "internal noise"? This refers to the self-talk a person wants to stop. For example, let's say a person feels guilty for what he has....

A Curse on Machines

"A curse on machines! Every year, their increasing power devotes millions of workmen to pauperism, by depriving them of work, and therefore of wages and bread. A curse on machines!" This is the cry which is raised by vulgar prejudice, and echoed in the journals. But...

The Glorious Achievement of the Tea Party Movement

It was the first two years of protest. Others had taken the initiative to start a Tea Party. We joined them and supported their efforts with our time, our work, our ideas and dollars. We helped to organize events and rallies, make signs, distribute thousands of...

Leave Us Alone Mr. Obama

No, President Obama, I don’t ask the government to make my life easier. I just want government to stop making it harder. After enduring a week of terrible news, we were blessed today with yet another speech by our President. And the only way to endure that is,...

What Is Money?

"Hateful money! Hateful money!" cried F——, the economist, despairingly, as he came from the Committee of Finance, where a project of paper money had just been discussed. "What's the matter?" I said. "What is the meaning of this sudden dislike to the most...

Obama’s Jobs Program

President Obama’s constant refrain about the government’s unprecedented levels of red ink points to “millionaires and billionaires” as the problem, not the massive amounts of waste, fraud and inefficiency in government operations. Remember when a million per mile...

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