The Morality of Making Money

Ayn Rand described as the proudest distinction of Americans, “because it contains all the others,” she believed, the fact that they were the first to coin the phrase “to make money.” Men had always thought of wealth as a static quantity, she noted in “The Meaning of Money,” published in For the New Intellectual (1961), […]

America’s Future Nuclear Arsenal

In the wake of the release of the Defense Department’s 2010 Nuclear Posture Review and President Barack Obama’s signing of a new START treaty with Russia, what will the future American nuclear arsenal look like? Under the latest START agreement, the United States will maintain no more than 1,550 strategic warheads; seven hundred deployed intercontinental […]

Cold Response

NATO forces exercise north of the Arctic Circle to test cold weather operations and interoperability.

Another Paul for Congress

The United States Congress may very well rank another pro-capitalist lawmaker among its numbers this fall as Rand Paul is leading in the polls to claim retiring Senator Jim Bunning’s Kentucky seat. Paul is a son of Texas Congressman Ron Paul’s who is known for his unwavering opposition to “big government.” He officially announced his […]

Perestroika 2.0

In spite of President Dmitri Medvedev’s great designs for Russia, his country is still in trouble, plagued by archaic power structures, aging military hardware and leadership and being the last of the BRICs to move out of recession. Former Soviet leader Mikhail Gorbachev has some advice to offer. Writing for The New York Times, he […]

Obama’s Spring Offensive

With health-care reform passed, the Obama Administration is gearing up to tackle the next item on its agenda: financial reform. The president is expected to push Congress in the coming weeks, hoping to have some progress to show for by the fall when the midterm elections are set to ravish the country’s political landscape. Treasury […]

Looking East, Looking West

A new bilateral relationship is emerging across the Near East as India and Saudi Arabia strengthen their ties. The desert kingdom has grown to become India’s foremost supplier of crude oil while the government of Prime Minister Manmohan Singh realizes that the nation’s security is very much dependent on stability in the Middle East. Relations […]

Public Enemy

With capitalism under persecution and “Wall Street greed” continually blamed for plunging the world economy into financial crisis, many bankers rather keep a low profile these days in order to avoid the crowds and pitchforks. Jamie Dimon, CEO and chairman of JPMorgan Chase & Co., however, is no stranger to the political arena and several […]

Smokers Need Not Apply

St Luke’s Hospital in Bethlehem, Pennsylvania has announced its intention to stop hiring smokers, stating that it hopes to improve the health of its workforce and reduce medical costs. This May, the hospital starts screening prospective employees for nicotine use. Those testing positive will be precluded from the process. St Luke’s is not the first […]