Bankrupt European economies and the out-of-control U.S. debt are problems symptomatic of democracies. Democracy was tried by Ancient Greeks, and similar problems occurred in ancient times. Plato, in the The Republic, listed several problems of democracy, among them: Democracies encourage … Continue reading →
The purpose of a constitution is to regulate the flow of power, not to pass laws In recent years, particularly in the state of Minnesota, constitutional amendments have become viewed as an alternative method of passing legislation when it is … Continue reading →
In recent speeches President Obama has complained about the “Do-Nothing Congress” and stated this as a reason why he should get re-elected. He also has been talking about increased job growth and taking credit for this because it has occurred … Continue reading →
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 →
