The Democratic Party operates on the following assumptions: 1. Social programs such as Medicare and Social Security are entitlements, at least to certain members of the population. They can and must be maintained and expanded at all costs. 2. The best way to finance...
POLITICS
Capitalism Is Not a Voucher System
Fox News online reports: "Joined by several moderate Republicans, Democrats controlling the Senate rejected a controversial House budget plan for turning Medicare into a voucher-like program for future beneficiaries. Five Republicans joined every Democrat in killing...
How To Save Israel
Peace is not the answer. War is the answer.
Murder, Tulips and "Progressive" Taxes: The Chicago School of Ecobamics
Last Tuesday, we took the midnight train to Chicago. It's an easy ride, with a bedroom both ways -- except I get the top bunk, which feels like I'm stuffed in a 1942 troop train heading off to battle the Nazis. Getting up and down the ladder in cramped quarters gets...
Why the Middle Class Entitlement State is Malevolent
Dr. Hurd: I liked your column the other day about how Americans feel entitled to middle-class welfare benefits such as Medicare. But I think you miss one point. I AM entitled! You see, the government has been taking money from me for 25 years and telling me I will:...
Liberty in Search of a Nation
Liberty is a beautiful thing. But it's a tool. It's not an end in itself that can be imposed on a people unworthy of it, or who do not want it. Advocates of liberty must be careful not to confuse cause and effect. Liberty is, in fact, the effect -- the RESULT -- of a...
Books: I Am John Galt
?This newly released book is by Donald Luskin and Andrew Greta. Mr. Luskin is Chief Investment Officer of an investment strategy company, TrendMacro. He's also well known as an author and a commentator on CNBC. He has recently had several op-eds published in the Wall...
Mr. Universe Proves Himself Ordinary
People wonder how and why high-profile politicians like Arnold Schwarzenegger use such bad judgment in their personal lives. "They have so much to lose; why do they risk it?" To me, it's obvious why men such as Schwarzenegger, or any career politician, use such bad...
Eating Up the Usufruct of the Lands
After Standard & Poors (S&P) lowered the credit rating of the federal government, an Obama administration official said, “This is a facts-be-damned decision.” So what are the facts? The facts are: The federal government had “revenues” of $2.16 trillion in 2010...
Is Business Experience Essential for a President?
Much is made about how the next President should be someone with experience in business. This was the appeal of Donald Trump's phony flirtation with running, and now it's the appeal of Herman Cain, the former business executive promising to take on Obama. The...
Why Obama and People Like Him Hate Israel
Associated Press reports that Israeli Prime Minister Benjamin Netanyahu sat alongside President Barack Obama on Friday and declared that Israel would not withdraw to 1967 borders to help make way for an adjacent Palestinian state. Obama had called on Israel to be...
Americans are Destroying America
Political commentator and former presidential advisor Dick Morris writes: "Count the corpses: 1. Hillary Clinton’s healthcare proposals led to the Democrats’ loss of Congress in 1994. 2. Newt Gingrich’s proposed cuts in the rate of growth in Medicare...
Osama Bin Laden is Dead, Yet America Is Still Losing the War
America is losing the war because we are still acting like police and social workers while our enemies are fighting a war, and because our political leaders still do not recognize the enemy: Islamists, especially Islamic governments.
The Needless Casualty
It is because of the bankrupt nature of altruism that events such as those on June 28, 2005 in Kunar province occur, and no one can explain the rationale for 19 dead American servicemen.
Rosie O'Donnell and the Terrorists She Loves
Rosie O'Donnell, comedian and celebrity, has come out against the capture and killing of Osama bin Laden -- on principle. O'Donnell no doubt speaks for many liberals and some libertarians when she claims that Osama bin Laden's execution is an injustice because he...
??Confidence But No Competence
It's considered an absolute that self-esteem is always a good thing. In the right context, it is. But what happens when self-esteem/self-confidence and wrong-headed thinking exist in the same person? Many people's thinking is undercut, or even corrupted, by...
No Sherman March for the Welfare State
Just as an individual needs a reality-oriented form of psychotherapy, a nation or a culture needs a reality-based set of solutions to get out of any mess it finds itself in.Consider a bit of history. General William T. Sherman turned the tide of the Civil War, by his...
Thank God For…
Dr. Hurd: I was wondering why some people -- in fact, many people -- thank God (or Dog if you're dyslexic) for saving them from some calamity (such as a tornado, earthquake, tsunami, hurricane, flood, etc.), but they don't blame that same God for causing the disaster...
Suffering is Not the Goal
Do traumas, tragedies, and difficulties make you stronger? I say: NO. It's not difficulty that makes people stronger. What makes you strong are the habits of rationality and serenity which make difficulty bearable in the first place. You're better because of these...
?Government vs. Production
Impose the world's highest corporate income tax rate, and we can expect the result will be too few corporations and too much government. "The United States may soon wind up with the distinction that makes business leaders cringe -- the highest corporate tax rate in...
Victimization and the Media: Osama Bin Laden is No Hero
Dear Dr. Hurd, Is it just me? I am getting the strangest impression that our media is slowly, but oh-so-surely, trying to convince an easily convinced and swayed American public that bin Laden is actually something of a hero...one who was mercilessly gunned down by...
Osama and Obama
"Bin Laden was not a Muslim leader." So says President Obama. You could have fooled me. Obama cites evidence that bin Laden killed Muslims as proof that he was not a Muslim leader. Now wait a minute. Imagine if a cult of people drank Kool Aid filled with poison....
Obamanomics and High Gas Prices
Obama says there is no "silver bullet" or quick fix solution for bringing down gas prices. This may be true -- but does this mean there's no solution? First of all, it isn't the government's job to bring down (or drive up) gas prices. The government's job is to stay...
Robber Barons and Busybodies
C.S. Lewis said: "It would be better to live under robber barons than under omnipotent moral busybodies." He's right. "Robber barons" was the term for the successful businessmen of his time. There is no theft in success, however. This wrong idea led to the...
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.




