POLITICS

End States Who Sponsor Terrorism

Fifty years of increasing American appeasement in the Mideast have led to fifty years of increasing contempt in the Muslim world for the U.S. The climax was September 11, 2001.

Keep the Death Tax Dead

In Washington, nothing’s certain except death, taxes and special-interest lobbying groups. So it makes sense that the death tax has its own lobbyists. That’s right. “Americans for a Fair Estate Tax” knows a Senate vote is coming soon, and...

JobBay

As much of Europe struggles with double-digit unemployment this year, the United States has been creating an average of 200,000 new jobs a month. One of our great advantages is the relative ease with which Americans can start new businesses. Physical disability, the...

Our Gift to Iran

The most important effect of America‘s attack on Iraq has been the removal of Iran‘s strongest regional opponent, and an increase in the regional power of Iran . As I wrote in Capitalism Magazine in June of 2004: “[President Bush] threw down a...

Rebuilding New Orleans — and America

Rebuilding New Orleans — and America

The physical devastation caused by hurricane Katrina has painfully revealed the moral devastation of our times that has led to mass looting in New Orleans, assaults on people in shelters, the raping of girls, and shots being fired at helicopters that are trying to...

How to Avoid Investing in Crooked Businesses

Reading Kurt Eichenwald’s fascinating book on Enron Corp., “A Conspiracy of Fools,” is enough to make an investor throw up his hands (or his lunch), sell all his stocks and buy a bundle of nice short-term U.S. Treasury bonds. Eichenwald shows, in...

Developers are Not the Devil and Profit is Not a Sin

Developers are Not the Devil and Profit is Not a Sin

The ability of the human mind to rationalize is one of the mysteries — and the marvels — of the ages. A recent e-mail from a reader in Santa Barbara, California, was a classic example of a widespread rationalization of the severe home-building restrictions...

What To Do About Gasoline Prices

Nationally, the average per gallon price for regular gasoline is $2.50. Are gasoline prices high? That’s not the best way to ask that question. It’s akin to asking, “Is Williams tall?” The average height of U.S. women is 5’4″, and...

The Lessons of Hiroshima

Those who claim that the use of atomic bombs in Japan was not necessary often point to Japan’s weakened military condition, and the possibility that the war could have been ended without Japan’s unconditional surrender. Such an attitude fails utterly to...

United States and Canada: A Tale of Two Medicares

In 1997, George Zeliotis, a Quebec citizen, learned that he needed hip-replacement surgery. But his troubles were just beginning. As is standard in Canada for non-emergency surgery, Zeliotis was put on a waiting list behind everyone else in Quebec who needed the same...

What “Oil Crisis”, Part 2

What “Oil Crisis”, Part 2

Soaring oil prices have revived the old bogeyman that the world is running out of oil. Economics is a great field for nostalgia buffs because the same old fallacies keep coming back, like golden oldies in music. Back in 1960, a best-selling book titled “The...

Security or Hysteria?

Driving through downtown Washington, D.C., a few weeks ago, I asked myself: What’s happened to the character of the American people? There were barricaded landmarks, armed guards and people waiting to be searched. Several weeks ago, I visited downtown...

What “Oil Crisis”?

What “Oil Crisis”?

With oil prices passing the record-breaking $60 a barrel level and heading even higher, the word “crisis” is now being used and all sorts of political “solutions” are being proposed. Is there really a crisis? One of the dictionary definitions...

What Do Islamist Terrorists Want?

What do Islamist terrorists want? The answer should be obvious, but it is not. A generation ago, terrorists did make clear their wishes. Upon hijacking three airliners in September 1970, for example, the Popular Front for the Liberation of Palestine demanded, with...

Civil Rights Today

When I think of the behavior of today’s civil rights organizations, I often think of the March of Dimes. In 1938, President Roosevelt helped found the National Foundation for Infantile Paralysis to fight polio, an epidemic that crippled thousands of Americans....

California’s Socialized Medicine Rising

This month, in a 73-page position paper, California ‘s insurance commissioner, John Garamendi, proposed a government takeover of medicine. That the bureaucrat who would be governor prescribed more government intervention is not surprising. But, because the...

The “Animal Rights” Movement’s Cruelty to Humans

The “animal rights” movement has pulled off a deadly deception: promote a vicious, anti-human policy, while feigning benevolent, compassionate motives. The deception takes the form of opposing life-saving medical research–in the name of opposing...

Why Iran Sneers

The “Washington Post” recently reported: “Iran resumes processing yellowcake uranium in Isfahan, rejecting a European deal and ignoring warnings of possible U.N. sanctions.” (8/9/05, front page) What makes the Iranian government unique is that...

It Takes an Individual

Senator Rick Santorum (R-PA) is challenging Senator Hillary Clinton’s (D-NY) long-held liberal bromide that “it takes a village” to raise a child with the long-held conservative bromide that “it takes a family” to raise a child. Both...

The Axis of IP Evil

The U.S. commerce secretary, Carlos Gutierrez, last month took a ritual stroll through a Beijing market that teemed with pirated versions of “Star Wars” and “Seinfeld,” along with bogus North Face windbreakers, Calloway golf clubs and Samsonite...

No Place for American Heroes — in the Media

No Place for American Heroes — in the Media

Back in June, this column pointed out that it is impossible to fight a war without heroism — but that you would never know that from the mainstream media. Nothing heroic done by American troops in Iraq is likely to make headlines in the New York Times or be...

Shoving Government Health Care Down Your Throat

Shoving Government Health Care Down Your Throat

One of the few bright spots in paying for health care today has been the introduction of Health Savings Accounts (HSAs), in conjunction with low-premium, high-deductible insurance policies. In what is perhaps the most popular medical insurance reform in history, more...

Don’t Look a Gift Horse in the Mouth

Alan Greenspan had his “conundrum,” and I’ve got mine. Greenspan’s conundrum: why are long-term interest rates staying so low for so long? Mine is why stock-market volatility is so low despite a global economic background that, on the face of...

Dealing with Terrorism

Secretary of State Condoleezza Rice, in an interview with Fox News host Sean Hannity, admitted that the problem of Iran’s growing nuclear weapons capability has to be “dealt with.” She didn’t say exactly how or when, but later on in the...

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