The Assault on Industry

The environmentalist gospel is heard evermore louder in public discussions today as governments the world over move to impose restrictions and regulations upon businesses for the sake of protecting the Earth. Products that are supposedly harmless to nature are quickly becoming the norm while companies happily promote themselves as “green” and ecologically responsible. Industry, meanwhile, […]

The Enforcement of Education

In many developed nations, education is one of the greatest expenses of government. In Great Britain, for instance, about £88 billion was spent on education last year, ammounting to 17 percent of the kingdom’s total budget. In the United States, where education is partly privatized, the federal government still intends to invest over $46 billion […]

The Impossible Joy of Sacrifice

The recent disaster in Haiti has sparked a renewed wave of commentators to demand that men “sacrifice” for the sake of others’ needs. There is little mention of the injustice suffered by the Haitian people at the hands of their own government and, recently, at the hands of nature — which would be legitimate reasons […]

Deregulate the Banks!

Regulatory failure instead of a lax monetary policy bears the responsibility for the American housing bubble that produced the financial crisis of 2008, said Federal Reserve chairman Ben Bernanke this Sunday. Bernanke rejected accusations that the Fed contributed to the fostering of the recession and argued that the interest rates set by the bank between […]