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April 2001

Volume 51, 2001


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Beware the Ides of April (Plus Two)

Why Do We Cringe at Uncle Sam's Annual Fundraiser?
April 01 2001 by ,

The Inventive Period

The Capitalist System Has Enabled These Inventor-Entrepreneurs to Flourish
April 01 2001 by ,

What Am I Missing?

Anti-Capitalists Fail to Make Connections between Multinational Corporations in the Third World and the First World
April 01 2001 by ,

Reflections on Self-Responsibility and Libertarianism

We Now Live in a Nation of Dependents Who Cannot Imagine a Life Without Government Support, Involvement, and Regulation
April 01 2001 by ,

Regulation by Reputation on the Net: Business

Seller Reputation Is a Significant Determinant of Price in Online Auctions
April 01 2001 by ,

Dictatorship of Lawyers

Courts Allow Trial Lawyers to Subvert Due Process and Rule of Law
April 01 2001 by ,

Overreacting to Terrorism

Federal Terrorism Policy Overreacts to a Small and Declining Threat
April 01 2001 by ,

The Tainted Public-Health Model of Gun Control

April 01 2001 by ,

The War on Drugs Opens a New Front

The Quest for Greater Authority and Larger Budgets Calls for the Creation of New Problems
April 01 2001 by ,

The Perils of Positive Rights

Positive Rights Conflict Most of All with Our Basic Negative Rights to Life, Liberty, and Property
April 01 2001 by ,

The Will of the Market?

To Treat Labels as Sentient Beings Is to Wallow in Irrationality
April 01 2001 by ,

The California Power Mess

The Golden State's Energy Crisis Is a Political One Caused by an Appalling Ignorance of Basic Economics
April 01 2001 by ,

Years ago, California state senator Bill Richardson (not the former energy secretary) wrote an instructive little book about politicians with a charming title: What Makes You Think We Read the Bills? The electricity debacle in the Golden State makes me think there's a need for an updated version. The title could be What Makes You Think We Read Anything at All?

The Other Political Story

No Matter What the National Political Climate, Most Incumbents Win
April 01 2001 by ,

Unfortunately, last year's presidential election was a mess. Unfortunately, the congressional elections were not. While it proved difficult to determine who won the presidency, it was not difficult to determine who controlled Congress. Only six House incumbents lost, yielding a re-election rate of 98.5 percent.

Blessed Debt

Every Penny Is Apparently So Wisely Spent That We Cannot Consider Cutting the Budget
April 01 2001 by ,

The Problem of Environmental Protection

The Cheapest Way to Reduce Pollution Is by Taking Advantage of Self-Interest
April 01 2001 by ,

A common belief is that economists don't care much about the environment because they are preoccupied with money, markets, and material wealth. And when economists do consider ways to protect the environment, they emphasize benefits and costs, trying to express all values in terms of cash.

Beyond GDP: A Breakthrough in National Income Accounting

Gross Domestic Output Accurately Includes Total Spending in the Economy, Not Just Final Output
April 01 2001 by ,

To Be Is to Choose

Can We Really Have Too Many Choices?
April 01 2001 by ,

Rising Oil Prices Create Inflation?

Central Banking Is Inflation's One True Cause
April 01 2001 by ,

Charter Schools in Action by Chester Finn, Bruno Manno, and Greg Vanourek

Though Incomplete, It Offers the Best Source of Information Currently Available on Charter Schooling
April 01 2001 by ,

Monopolies in America: Empire Builders and Their Enemies from Jay Gould to Bill Gates by Charles R. Geisst

Geisst's Book Is Weak on Research and Rarely Asks Penetrating Questions about Government Action
April 01 2001 by ,

The Rule of Law in the Wake of Clinton edited by Roger Pilon

The President's Central Function Is to Maintain Rule of Law, Not to Govern the Nation
April 01 2001 by ,

From Mutual Aid to the Welfare State by David T. Beito

Fraternal Societies Once Created Extensive Benefits for Their Members
April 01 2001 by ,

Viable Values: A Study of Life as the Root and Reward of Morality by Tara Smith

An Excellent Book on Moral Philosophy
April 01 2001 by ,

Nonzero: The Logic of Human Destiny by Robert Wright

Everyone Interested in Freedom and Spontaneous Order Should Read This Important and Fascinating Book
April 01 2001 by ,

Rights Without Exceptions

A Right, to Be a Right, Must Be Absolute
May 01 2001 by ,

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