As with most presidential elections, South Korean voters predominantly voted their pocketbooks in Tuesday’s national election. While the election featured the usual struggle between a conservative market-based growth strategy and liberal redistributionism, voters this time were driven in large part by a desire to end their nation’s endemic political corruption. After 10 years of conservative … Continue reading Liberal Moon Jae-in Has Won the South Korean Election. Here’s What It Means for US, North Korea.
In his classic 1841 book on financial bubbles, Extraordinary Popular Delusions and the Madness of Crowds, Charles Mackay observed, “Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” Mackay covered religious and political delusions, … Continue reading Venezuela’s Road to Literal Serfdom
One of the most cherished misunderstandings, if not delusions, of the social engineer – the individual who would presume to attempt to remake society through conscious and planned design – is the confident belief that he (and those like him) can ever know enough to successfully remold mankind and human institutions. An appreciation of how … Continue reading Adam Ferguson and the Spontaneous Order of Society
It’s time to make a very serious point, albeit with a bit of humor and sarcasm. A couple of years ago, I shared an image of Libertarian Jesus to make the point that it’s absurd to equate compassion and virtue with government-coerced redistribution. We all can agree – at least I hope – that it … Continue reading Libertarian Jesus Memes Lampoon Leftists
Recent reports show that the United States is one of the most obese nations in the world—the only G-8 nation to crack the top 20 of the most overweight countries in the world. For children and low-income people the problem is particularly acute. A 2015 report commission by the Organization for Economic Cooperation and Development found that the U.S. “has the … Continue reading The U.S. Has the Fattest Poor People in the World. Why?
Each year, Earth Day is accompanied by predictions of doom. Let’s take a look at past predictions to determine just how much confidence we can have in today’s environmentalists’ predictions. In 1970, when Earth Day was conceived, the late George Wald, a Nobel laureate biology professor at Harvard University, predicted, “Civilization will end within 15 … Continue reading Here’s How Wrong Past Environmental Predictions Have Been
HELP AMERICANS FOR A BETTER ECONOMY DEFEAT THE LIBERAL GREEN AGENDA! SIGN YOUR PETITION TO CONGRESS! TELL THEM TO PASS THE REINS ACT NOW! Many years ago, I wrote an article on the research of Cornell University professor David Pimentel. Pimentel, a geneticist and evolutionary biologist, claimed it takes more energy to produce ethanol … Continue reading How the Ethanol Mandate is Destroying America’s Prairies
Almost 20 years after being canceled, comedy series Mystery Science Theater 3000 (MST3K) has returned. During its original run in the 90s, MST3K earned a cult following by doing what pop culture does best, namely, taking a mundane idea and elevating it to an art form. For MST3K, the idea was to build a show … Continue reading The Market’s Glorious Resurrection of Mystery Science Theater 3000