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Especially when many are now calling for restrictions on the industrial development that they think is responsible for “climate change” and more dangerous hurricanes, it is crucial to recognize the life-saving value of industry.
So much for the assertion that the financial crisis was caused by the lack of regulations and government oversight. The free market isn’t to blame, since there is no free market to blame. The “fingerprints” of the real culprit—the government—are all over the place.
WATKINS: The basic difference between our book and most political books is that ours is philosophic. We try to get underneath today’s superficial debates, and tackle the important issues that will determine the direction of this country.
Christmas has become a holiday known for its commercialism—and many recoil at this, claiming that commercialism is antithetical to the spirit of the holiday. From one side of our culture, advocates of religion tell us that holiday materialism distracts us from the true “reason for the season.” From the other side, Occupy Wall Street protesters [...]
Why, in spite of massive evidence that profits motivate entrepreneurs to innovate in ways that enable so many of us to live comfortably, is there still a sense that inequality is unfair?
The source of technology and prosperity—the free human mind—is unshackled only under capitalism Would you give up the Internet for a million dollars? This was the question posed in a recent YouTube video distributed by The Fund for American Studies. Not surprisingly, many who were interviewed in the video said “no.” How much would they [...]
“Food aid policies are in desperate need of reform,” reads the subtitle to Harvard student Thomas Hwang’s recent article in The Harvard Crimson. Hwang makes the argument that the current system of food aid is actually detrimental to the poverty-stricken nations it aims to help, particularly because it helps brutal regimes to stay in power: [...]
The American economy is in a state of malaise. Stock and real estate prices have plummeted from their peaks in recent years, people have collectively lost trillions of dollars, major companies have gone bankrupt, and unemployment numbers remain high. Undoubtedly, many students are lying awake at night wondering whether they will find work after graduation. [...]
Health care reform vital for all Americans Daily Illini University of Illinois Dear Editors, In your recent editorial, “Health care reform vital for all Americans,” you applaud the proposed healthcare bill for its efforts to “reform the broken health care system,” but you never mention who broke it in the first place. After all, it [...]