Origins of the Electoral College
The first presidents were appointed, not elected. Not until the rise of Andrew Jackson in the 1820s did popular voting have a role in the selection of presidents.
You Call This Investment?
The Social Security Commissioner sent out a letter revealing what the system will eventually pay. Gregory Bresiger is not pleased.
A Real Democracy
Consumer sovereignty in the democracy of the market economy is supreme over every producer and over every worker from the clerk to the CEO. The consumer votes them all up or down.
The Surplus Hoax
If a corporation were to engage in the deceit that is the government’s daily business, the SEC would intervene with severity, says Hans Sennholz
The Nature of the Union
Another outstanding book from the pen of Forrest McDonald, reviewed by Joseph Stromberg, debunks the historical claims of the consolidationists.
Diversification: An Austrian View
Forget Modern Portfolio Theory: investing in stocks is just like investing in a business, says Frank Shostak.
Jackboots in the Sunshine State
Officials of the state are storming into the backyards of thousands of homeowners and cutting down their trees, writes Gregory Bresiger.
The Napster Question
As you read this, a three-judge panel of the Ninth Circuit Court of Appeals in San Francisco is deciding whether the Internet file-sharing service Napster will continue operating or be shut down by a lower court’s injunction issued last July. The injunction was stayed by a two-judge panel of the same appeals court and allows Napster to keep operating until the lawsuit against it by the Recording Industry Association of America (RIAA) goes to trial. RIAA is suing Napster for facilitating the violation of music copyrights.
Consumerism: A Defense
Consider an essay by social theorist Alan Wolfe, in which purports to analyze America’s excessively consumerist capitalist society.
Rethinking Carter
Deregulation during his presidency actually laid the groundwork for the current prosperity, says William Anderson.
