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The paradox of liberty
Liberty blooms only in a mature civilization, a culture in which the discipline to act virtuously is widespread. It requires a political order in which the proclivity to acquire power is checked by constitutional limits and, more critically, by the moral formation of electorates and officials alike.
Veterans first on health care
If government cannot handle the challenge of caring for 8 million veterans, how will a government bureaucracy manage a system dealing with 300 million Americans?Can central banks be more insulated from politics?
At a moment of increased government involvement in the economy, the solution we need might be a more independent central bank.The first reform
The global financial crisis has prompted numerous calls for regulatory reform in areas such as banking, hedge funds, financial innovation and executive compensation. Reforms may be needed. But the first and most fundamental changes must take place in the human heart.Patients’ Choice Act – A better prescription
The “Patients’ Choice Act” (PCA), is not only fiscally responsible, it also fulfills our social responsibilities.Motivation and regulation in financial markets
As various diagnoses and prescriptions for ailing financial markets continue to issue from the world’s governments, it is worth remembering that all such tinkering has limits. Human motivation is too complex to be controlled by the intentions of policymakers.The tyranny of the obvious
Reagan and Thatcher pushed back against “what everyone knew” and drove forward on the basis of a realism inspired by deeper insights about people and societies.The virtuous path to African development
A source of great frustration to those concerned with world poverty is the relative stagnation of much of the African continent. It is frustrating because we know that widespread poverty is a function of human limitations, not the availability of natural resources. This fact renders less helpful than it might be the guidelines recently released under the title, Natural Resource Charter.Entrepreneurship isn’t enough
As the global recession continues to shatter wealth and jobs around the world, it’s heartening to know that some people aren’t looking to governments to solve all their economic problems. From shanty-towns in developing countries to the once-mighty centers of international finance, thousands of people are turning to their greatest resource – themselves – and trying to create new streams of wealth through the power of entrepreneurial discovery.End times for Christian America?
The smart money is on Christianity to be around and relevant for as long as the American republic endures. The even smarter money says the faith will outlast the republic, just as it did the empire into which it was born.From crisis to creative entrepreneurial liberation
Necessity is the mother of invention, said Plato, and the truth of the proverb has been borne out once again. Necessity is generating entrepreneurial energy amid America’s current economic crisis, according to a new study by the Kansas City-based Kaufman Foundation.Social In-Security and the economic crisis
There is no ultimate security in a system that systematically weakens the natural incentives to productive behavior and raising children.