Forty years ago, on October 9, 1974, the Nobel Prize committee announced that the co-recipient of that year’s award for economics was the Austrian economist, Friedrich A. Hayek. Never was there a more deserving recognition for one of the truly great free market thinkers of modern times.
While John Fund was in Chicago speaking to the Chicago Lawyers’ Chapter of the Federalist Society, co-author Hans von Spakovsky was at his venue in Toledo, Ohio, doing the same to promote their book: Obama’s Enforcer: Eric Holder’s Justice Department, which catalogues the abuses of power at the Department of Justice under Attorney General Holder. Set forth is how Attorney General Eric Holder, Jr has politicized the Justice Department and put the interests of left-wing ideology and his political party ahead of the fair and partial administration of justice.
Recently on his show, former Gov. Mike Huckabee ran a segment called, “Does the GOP need to start listening to millennials?” The answer to this question is not only a “yes,” it’s a “you should have started listening several years ago.”
A fundamental fallacy of our time is that democracy is the open-sesame to peace, freedom, and prosperity. The political events surrounding what was called the ill-fated “Arab Spring” a couple of years ago was a based on the idea that “democracy” would solve all the problems of any society. But democracy in itself does not define or guarantee a free society. History has told many stories of democratic societies that have degenerated into corruption, plunder, and tyranny.
The business of business is business. But that does not mean a business should unconcerned with outcomes or the world around it. It is evident that business concerns form an integral part of every aspect of human interaction.
Thought experiment: Imagine a world in 2001 in which the Cold War was still raging. Imagine a world in which Soviet Communism was still on equal global footing with the United States. Would Osama bin Laden have directed his soldiers to fly planes into the Kremlin? The question answers itself.
America! For more than two hundred years the word has represented hope, opportunity, a second chance, and freedom. In America the accident of a man’s birth did not serve as an inescapable weight that dictated a person’s fate or that of his family. The individual owned his own life and was free to shape it as his own mind guided him.
Newt Gingrich’s recent article on CNN asks “What Would Reagan Do About ISIS?” Writing a “speech” from the perspective of Ronald Reagan as if he was still president, Gingrich seeks to show a more assertive, commanding response to the massive unrest in Iraq and Syria. The relative merits of Gingrich’s Reagan’s speech are not worth all that much consideration (In a nutshell, it calls for swift action against the militants, and generally damns the present policy). What is of interest is the strange phenomenon the article reveals about a large section of the American right wing today: dogmatic Ronald Reagan worship.
The Illinois Forum celebrated its 25th Anniversary with a banquet on Saturday, August 23rd, at the Round Barn Banquet Center in Champaign, Illinois. The Illinois Forum was founded byRobert S. Redfern and U.S. Congressman Dan Crane in 1989 as a statewide grassroots coalition of nonpartisan political activists. Since 1989 Illinois Forum has become one of the largest citizen groups in the state working to promote a smaller state government, to restrain spending, and to encourage tax cuts.
Political rhetoric in the United States, particularly on the right, has a strong tendency to focus on the incomparable economic freedom of Americans and American businesses. They portray the rest of the world as more socialistic and the American system as the closest thing to a free market economy operating in the world. Yet that is far from the truth. In fact, America is swiftly being supplanted as a preferred place of business by many other countries in the rich world.
The progressive left and the technocratic right want the whole world to look like the political machines they know and love. They cannot tolerate the idea that self-governing communities outside their approach to dealmaking and spoils-centered politics could give people an attractive alternative.
Over the past decade, we’ve witnessed a decline in the level of trust in government, and a rise in distrust, to levels unprecedented in American history. But to think this is an entirely new phenomenon is a mistake: trust in government has steadily declined since the Great Society and the Vietnam War under Lyndon Johnson.
Since the Internet itself has no one “location,” it would be difficult to create a simple set of tax rules for items bought and sold. Rather than make it complex and add to the mix of confusing tax policies that already dominate American life, we should continue to shop and sell unabridged from government interference.
President Obama on Wednesday slightly delayed his afternoon tee time to speak about the monstrous beheading of American journalist James Foley by ISIS. It was an underwhelming address from the Leader of the Free World who finds the crown so heavy and bothersome that he puts it down aside the putting green.
It is a rare occurrence when Hollywood produces a film that neither glorifies the welfare-warfare state, nor vilifies capitalists and businessmen. Yet that is exactly what Marvel Studios has managed with the Iron Man series. In the character of Tony Stark we see the pinnacle of the capitalist fantasy: an ingenious businessman who values property rights and self-defense, and who does not compromise those fundamental rights in the face of government intimidation and force.