Many intellectuals believe that war is good for many things, including fixing up a weak economy, writes Adam Young. The coming invasion and occupation of Iraq will happen because the Bush administration believes in the Keynesian/Great Depression myth of perpetual war for perpetual prosperity.
It is hard to understand the vague and ill-defined laws Martha Stewart and Sam Waksal are accused of violating. But the premise of the law is not hard to divine: Competition in capital markets must proceed from a level playing field. All investors are entitled to the same information advantage irrespective of effort and abilities. In a word, socialism!
The fame of this book's author baffles me. Professor Robert Dahl, now retired, was long ensconced in the Political Science Department of Yale University.
Most people regard John Stuart Mill as one of the great classical liberals of the nineteenth century. Though Mill made unnecessary concessions to socialism, did he not in On Liberty defend without compromise personal liberty
Professor Roth differs from most of his fellow economists. He finds the philosophical foundations of the standard model of welfare economics grossly deficient, and his book mounts a devastating criticism of the conventional view.
The statement given by the Bush administration to Congress and now available online, entitled "The National Security Strategy of the United States," must be read to be believed, writes Joseph Stromberg. Its historical points are dubious, its economics misleading, and its social theory a heap of dangerous half- or third-truths.
In point of fact, terms like "dove" and "hawk" have little substantive meaning when applied to the Federal Reserve. Robert McTeer's unrelenting inflationism is considered dovish, while Laurence Mayer is labeled a complete hawk on TheStreet.com's Fed Scorecard, despite the fact that he has yet to cast a dissenting vote!
Modern Americans live lives considerably less simple than that of Henry David Thoreau on Walden Pond. But Thoreau's insights in "Civil Disobedience," writes Gary Galles, are more important in our far more complex world.
In Zimbabwe, reparations are a transparent cover for one of the most monstrous governmental crimes of the last 10 years. Prime Minister Robert Mugabe's land reforms have amounted to nothing more than a power grab by his government, which is starving a country that once was one of Africa's shining stars.
The Soviet system was a chaotic one that was destined not only to enslave and impoverish its people but also to degenerate and finally disintegrate. The Russian people have long experience in suffering poverty and hardship. Full of hope, they may yet find their way to comfort and ease--the way of freedom.
