— The global warming alarmist in chief has unveiled the environmentalists' real objective. And no, protecting the planet is not their top concern. In a letter addressed to President-elect Obama and his wife, Michelle, James Hansen, head of NASA's Goddard Institute for Space Studies, makes an appeal for a carbon tax, ...

— The truth is we all have different wants and needs based on our situation in life and our personal preferences and that it is impossible for government decision makers to know these. An ideology that truly respects diversity would be in favor of free markets where diverse people can have ...

— It’s hardly a news flash that many people who are widely regarded as lions of the pro-market side have gone over to the dark side in recent months. I am not going to name any names; if you are one of the guilty parties, you know who you are; and ...

— Capitalism is what needs a bailout. Though we often don't appreciate it, capitalism is what made this country great. It allows for the fit to succeed by allowing the unfit to fail. Let's bail capitalism out by letting the Big Three face their fates and not allowing them to become ...

— To understand the scope of Obama’s dirigiste designs, it’s useful to recall his campaign gaffe (a "gaffe," of course, is an instance in which a politician is caught candidly disclosing his intentions) in which he informed an audience in Roseburg, Oregon ...

— Not to spoil the party, but this is not a new idea. Keynesian "pump-priming" in a recession has often been tried, and as an economic stimulus it is overrated. The money that the government spends has to come from somewhere, which means from the private economy in higher taxes or ...

— In the end you have to ask, is it really worth trillions in subsidies, vast tariffs, impositions all around, just to keep what you declare to be an essential industry alive? Well, eventually, as we have learned in the case of pianos, this is not essential. Things come and things ...

— If businesses can name their prices, what explains the steady decline of prices of goods like computers, cell phones, and flat screen televisions—even as these devices are sold with ever-greater capacities and improved features? The (inflation-adjusted) prices of virtually all material goods have gone down, not up, over time. If ...

— There are three major problems with the events of 1913, 1944, and 1971. The first is that the Fed, the World Bank, and the IMF are allowed to create money out of nothing. This is the primary cause of global inflation. Global inflation devalues our work and our savings by ...

— Texas is currently the envy of the nation with an $11 billion budget surplus. How did the state do it? For starters, the Texas Constitution gives the state Comptroller of Public Accounts (a chief fiscal officer, of sorts) the responsibility to certify the state's budget and send back any spending ...

— Why should politicians decide who gets those resources? It's not as though congressmen using government force are better than the decentralized voluntary market at spotting the most promising investments. Far from it. They will make their decisions on the basis of political considerations, such as who gave them contributions or ...

— When Obama's proposed national system inevitably collapses under the weight of market inefficiency and bureaucratic overhead, this will merely pave the way to fully socialized single-payer health care. Health care spending now comprises one-sixth of the U.S. economy. Forcing taxpayers to pay for everyone's medical expenses would make the $700 ...

— In a speech before a joint session of Congress on Sept. 20, 2001, President Bush rightfully called the 9/11 terrorists and their ilk "the heirs of all the murderous ideologies of the 20th century. "By sacrificing human life to further their radical visions, by abandoning every value except the will ...

— The Community Reinvestment Act is to blame for the financial crisis, but it so powerfully serves Democrats' interests that they'll do anything to protect it — including revising history. The CRA should be abolished, along with the government-sponsored enterprises that fueled the secondary market for subprimes.

— How much sense does it make for Congress to retaliate against Japan by imposing restrictions on their products thereby forcing American consumers, say Lexus buyers, to pay higher prices? Should our rule be: If one country screws its citizens we should retaliate by screwing our citizens?