Gene Healy: Nixon's Wage And Price Controls

Another tale of executive power and the damage done. Remember "TARP," "Too Big to Fail," "Government Motors," "pay czar," the buzzwords of the Bush-Obama era? They reflected a disturbing trend toward presidential interference in economic life. Forty years ago this week, President Richard Nixon showed us just how dangerous unchecked executive power can ... MORE

James Valliant: Ayn Rand's Critics

Ayn Rand is hot right now.  Sizzling hot.  As government grows more intrusive, and our freedom shrinks, her novels, The Fountainhead and Atlas Shrugged, are selling at an unprecedented clip.  Given today’s headlines, it is easy to see why. Less easy to understand is the remarkable level of ignorance about Rand’s philosophy, Objectivism. Can anyone doubt the truth of ... MORE

Thomas Sowell: Social Degeneration, Part One

Facing reality. Someone at long last has had the courage to tell the plain, honest truth about race. After mobs of young blacks rampaged through Philadelphia committing violence -- as similar mobs have rampaged through Chicago, Denver, Milwaukee and other places -- Philadelphia's black ... MORE  
Social Degeneration Part Two                     Social Degeneration Part Three