Alex Epstein
Too Big to Bail
Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers—borrowers whose ability to pay often hinged on endlessly low interest rates or a strong housing market. How could this [...]
How To Fully Support Our Troops
Whatever their views of President Bush’s new “surge” of 20,000 soldiers, both liberals and conservatives continue to claim that they support our troops. Liberals say they support our troops by criticizing or opposing “Operation Iraqi Freedom,” which they claim has unnecessarily killed 3,000 soldiers. Conservatives say they support our troops by supporting the mission that most of our troops believe in.
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Objectivism
The Undercurrent's cultural commentary is based on Ayn Rand's philosophy, Objectivism. Objectivism, which animates Ayn Rand's fiction, is a systematic philosophy of life. It holds that the universe is orderly and comprehensible, that man survives by reason, that his life and happiness comprise his highest moral purpose, and that he flourishes only in a society that protects his individual rights.Event Calendar
