People must not be allowed to get prescription medications without doctor approval — or else an entire fake industry could collapse. So the pharms, the docs, and all those who benefit from the current system banded together and instituted a medieval guild system for the digital age.
Anyone who circulates in American society knows full well that many Americans love war and killing.
Even given his notable talent and hard work, Justin Bieber owes his fame and fortune to the organizing power of human action and choice.
The public loves the fall of a ruthless and greedy financial titan — this, of course, is what made Oliver Stone's original <i>Wall Street</i> such a hit. But the practice of "insider trading" can actually be beneficial. In a free society, there would be no such thing as laws against so-called insider trading.
Many, perhaps most, people have a deep-rooted predisposition to keep things the way they are. This innate resistance to change finds expression in the political philosophy called conservatism.
Bernanke has opened the Fed's checkbook in an unprecedented fashion. He claims to be "saving" the financial system. In reality he is destroying it.
May 15 is the 100th anniversary of the most famous antitrust ruling in US history — the 1911 Standard Oil case, and the 100 years of myths it engendered.
The New York City mayor has decreed the Nissan NV200 minivan will become the official taxi of the city. In addition to illustrating the corrupting effects of political power, the episode underscores the economic problems of government ownership of roads.
