Sarkozy Bids Farewell to Capitalism

Government intervention in the economy is something of a tradition in France. As the the 2010 Index of Economic Freedom published by the Washington-based Heritage Foundation and The Wall Street Journal noted, French business “remains curtailed by the pervasive presence of the state in economic activity.” Government spends more than half of GDP and owns […]

Obama Champions Small Business

One of the stated goals of President Obama’s Financial Crisis Responsibility Fee is to reduce the size of financial institutions. Ideally, his administration would like to do some modern trust busting to make sure that banks won’t ever be “too big to fail” again. Who decides when a bank is “too big”? The same government […]

Bailing Out Bernanke

In the coming days, the United States Senate will vote on whether or not Ben Bernanke will go on to serve as Chairman of the Federal Reserve for another term. Some legislators are skeptical. Senator Jim Bunning of Kentucky said Tuesday on CNBC that Bernanke’s own staff recommended against bailing out insurer AIG in September […]

The Environmentalist Gospel

A new, thoroughly twenty-first century threat to domestic harmony is emerging, reports The Independent. “In some relationships, it is said to be causing as much discord as those age-old battlegrounds, sex and money. The problem is environmental incompatibility.” Therapists across America are reporting a sharp increase in what they call “green disputes”. Couples are finding […]

Obama the Jeffersonian

The only constant about President Obama’s foreign policy so far seems to be its reception. Conservatives dread the end of American ascendency and wonder out loud whether Obama is projecting weakness while the Europeans are supposedly upset about the current administration not paying them enough attention. The truth is that a series of early hiccups […]

Future Surface Combatant and Other Myths

This is the second part in a series of reports on the current state of the Royal Navy. The first entry focused on the expeditionary tool of the Royal Navy’s future force; the aircraft carrier. This article discusses the Future Surface Combatant and the effectiveness of modular versus “hardwired” vessels. Earlier this week, the blog […]

Haiti’s Avoidable Death Toll

Some expect Haiti’s 7.0 earthquake death toll to reach over 200,000 lives. Why the high death toll? Northern California’s 1989 Loma Prieta earthquake was more violent, measuring 7.1 on the Richter scale, resulting in 63 deaths and 3,757 injuries. The 1906 San Francisco earthquake measured 7.8 on the Richter scale, about eight times more violent […]

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 […]

Krugman Says: Spend More!

Since the early days of the Obama Administration, economist Paul Krugman has been more than eager to defend every spending measure enacted by the Democrat.