The debate over Elián Gonzalez, the 6-year-old Cuban boy whose mother died trying to bring him to America, hinges on one essential question: Is freedom a necessity of human life? For our own sakes, we must answer this question with a resounding "Yes"--and keep Elián...
WORLD
The Rights of Elian Gonzalez
Is communism physically harmful to human life?
The Life of Six Year Old Elian Gonzalez Is In President Clinton’s Hands
Elián Gonzales, a 6-year-old Cuban boy, found Thanksgiving Day clinging to an inner tube off the coast of Florida, is about to be deported back to Communist Cuba on January 14, 2000, if the United States Immigration and Naturalization Service (INS) has its way. It was...
The IMF in Brazil = Inflation + Recession
Mundell’s economic policy recommendations have been summarized as: “low taxes solve recession, hard money solves inflation”.
Here Comes Mickey Mao: Hong Kong’s new Mickey Mouse economics
Hong Kong's new government appears to be losing its inhibitions about contradicting market prices, favoring some industries over others, and using taxpayers' money to dispense windfall profits to those in favor. The deal recently signed with Disney to build a theme...
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...
The “Bubble” Theory is Full of Hot Air: A Case Study in Japan
What the market at large did not foresee [which] perhaps could be called a ‘widespread error in thinking’, was that Japanese politicians would [take] political issue [with] the quickly increasing prosperity.
The IMF in Brazil: The Emperor Has No Clothes!
I'm not sure what's more infuriating: witnessing Brazil's drawn out slow-motion crash and burn after an endless string of stupid policies over the past year; the sudden breakdown in devaluative stupidity; or enduring the lame economic analysis that ensued in the days...
United Nations Declaration of Human Rights Destroys Individual Rights
The UN doesn’t openly attack individual rights; that would be rejected outright by freer countries. It destroys rights by internal corruption — by perverting the meaning of rights into its exact opposite.
Global Crisis and the Survival of Capitalism
A growing number of countries–among them, Thailand, Indonesia, Malaysia, South Korea, and Russia–are in a state of financial turmoil. They are all suffering from the effects of currency devaluation, widespread bankruptcies and insolvencies, actual or impending bank failures, collapsing stock markets, and mounting unemployment.
Appeasing Dictatorship: From Munich to Hong Kong
With little regard for this recent history, Britain is appeasing dictatorship once again. On July 1, 1997, Britain will officially give back political authority over Hong Kong to the People’s Republic of China.
The Tradgedy Called Africa
In terms of natural resources, Africa is the world's richest continent. It has 50 percent of the world's gold, most of the world's diamonds and chromium, 90 percent of the cobalt, 40 percent of the world's potential hydroelectric power, 65 percent of the manganese,...
Iraq: The Wrong War
President Clinton's air strike against Iraq is more than geographically misguided. Clinton is fighting the wrong country for the wrong reasons. Because he "doesn't want to take sides," Clinton has launched missiles and flown patrols well away from the battle area,...
Israel’s–and America’s–Fundamental Choice
Over the coming months, the Clinton Administration will pressure the Israeli government to moderate its "impractical" stand toward the Arab countries. But the only practical policy in the Middle East rests upon the very opposite of moderation: the courage to act on...
The Awakening of the Soviet Union
The Russian people do have a chance and a future — once Communism is finally relegated to the “dustbin of history.”
Tell the World: What Happened in China and Why by Liu Binyan
China’s turmoil and tragedy are almost certainly far from over.
South Africa’s War Against Capitalism
Professor Williams demonstrates is that apartheid is not an example of capitalism but something much more akin to a mercantilist-interventionist state, in which government bestows privileges, favors, and monopoly positions on a select group at the expense of others in the society.
Panama and the Canal: Children of American Imperialism and Socialism
And now at the end of the 20th century, when the world is turning away from socialism and the idea of government planning, has the United States even suggested the privatization of one of its largest socialist enterprises? No. Instead, the U.S. government will completely transfer state ownership of the canal to the Panamanian government in the year 2000. Such is the conduct of the global bulwark of capitalism.
On the Edge of Hyperinflation in Brazil
Brazil is a vast country, larger than the continental United States. It is rich in resources and human talent (like America, Brazil is a land of immigrants of various backgrounds and nationalities). If left free and unshackled from government intrusion it could easily become an economic giant in the span of one generation.
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