California Politicians: Supporting the Evil, Attacking the Good
If you wonder what has gotten California in such an economic mess, here is a recent sample: The state legislature has passed a law requiring landlords to give tenants 60 days’ notice, instead of 30 days, before evicting them. In other words, if you are renting...Outlawing “Soft Dollars” Will Crush Independent Analysts
I’ve been a vigorous defender of the investment-banking and mutual fund industries against over-reaching shakedowns by regulatory vigilante Eliot Spitzer. But now, in at attempt to deflect attention from the scandals raised by Spitzer, the funds business has...Two Earthquakes And Their Results Under Two Different Social Systems
Within a week of each other, two earthquakes struck on opposite sides of the world — an earthquake measuring 6.5 on the Richter scale in California and a 6.6 earthquake in Iran. But, however similar the earthquakes, the human costs were enormously different. The...Greed Makes the World Go Round
“Most of the harm in the world is done by good people, and not by accident, lapse or omission.” — Isabel Paterson, “The God of the Machine” Now that we’re in the thick of the holiday season, we’re again being warned to be wary...Give Me Liberty or Give Me Seatbelt Laws?
Nationally, Police agencies are stepping up enforcement of seatbelt laws, and in the case of Nevada this means that if you’re pulled over for something (you can’t be pulled over for not having a seatbelt on) and aren’t wearing your seatbelt you will...Christmas Encounter with a ‘Radical Socialist’
Moonie, my neighbor’s cat, sits predictably outside my front door every morning at 7 a.m. Moonie expects breakfast, and if unhappy with that day’s selection — fish, chicken, beef — Moonie sniffs indignantly and walks over to the front door and...Thoughts on the ‘Dismal’ Science
In a hugely complex world, there is no way for the average person — or any person, for that matter — to be knowledgeable about even half the things that affect their lives. Most of us are necessarily ignorant of many fields, from botany to brain surgery....Religion and Capitalism Are Antithetical
The Defenders of Capitalism Should Invoke Secularism and Reason, Not Religion and Faith, as Their Justification