We all knew that the Affordable Health Care Act, popularly known as Obamacare, would lead to lead to rationing. Shortly after Barack Obama became President, he and Nancy Pelosi began promoting such reforms–to redistribute a shrinking pie more equitably. Instead … Continue reading →
In this address, perhaps the last paper he wrote, Professor Hayek elaborates on the relationship between the evolution of the moral order and evolution of reason, arguing that the latter is dependent on the former, and that rationalists, like Marx … Continue reading →
Today I was referred to an article in The Times (London) by Matt Ridley titled “Yes, capitalism failed. It’s just too cosy.” What Ridley was criticizing is the “crony capitalism” that reflects our current economic systems in the US and … Continue reading →
The culture war in the United States can be compared to one big labor dispute between employers and workers. When the 20th Century began, the United States was in the middle of a great growth of industry, and there were … Continue reading →
The corruption in US regulatory agencies has reached a new milestone as the FDA gave URL Pharma the sole right to sell Colcrys (colchicine), a drug used to treat gout for thousands of years. Now the price of the drug has … Continue reading →
When a referee of a football game starts choosing sides he gets fired, and Washington’s attempt to become a player rather than a referee in the U.S. economy should cause the same outrage as we would see against a football … Continue reading →
A Radical Overhaul of Welfare This article proposes the radical overhaul of government welfare in the United States to solve many social ills the present system creates. Instead of cash payouts and food stamps that cause social dependency, despondency, and … Continue reading →
We hear the words “extreme” and “extremist” used constantly in political discourse in the media. This word is used like swear words when people want to vent an emotional release but are unable to provide rational descriptions of what they … Continue reading →
Distributism is a term commonly associated with Catholic economic theory. It seeks economic justice by promoting the widest distribution of property to the largest number of people possible. Distributism also relates to the principle of subsidiarity, which means the greatest … Continue reading →
The End of Politics as Usual US political parties have controlled Washington politics for a long time. But with the passage of the Wall Street bailout and Obamacare they are seen to increasingly bankrupt the country at the expense of … Continue reading →
