Economics

Exposes Greenspan as anything but a principled capitalist whose free-market ideas somehow failed.

Focuses on the principle of property rights as it applies to the Internet in the face of increasing calls for government controls of this, as yet, relatively free market.

Concretizes the selfishness-enabling nature of capitalism and shows why this feature makes it the only moral social system on earth.

Raymond C. Niles replies to a letter about the California power grid.

Eric Daniels reviews The Tyranny of the Market: Why You Can't Always Get What You Want, by Joel Waldfogel.

Eric Daniels reviews Nudge: Improving Decisions About Health, Wealth, and Happiness, by Richard H. Thaler and Cass R. Sunstein

Elan Journo reviews Mugged by Reality: The Liberation of Iraq and the Failure of Good Intentions, by John Agresto

Identifies the cause of America's two-decade swing to the right, explains why this cause was philosophically insufficient to sustain the movement toward capitalism, and indicates what Americans must understand if we want to resume the trek toward freedom, armed with the means to sustain it.

Examines the inception and rise of Standard Oil, demonstrates that the company’s immense success was the result not of so-called “anti-competitive” practices or “predatory pricing” but of its superior efficiency and productivity, and does long-overdue justice to one of the greatest producers of life-serving values in history: John D. Rockefeller.

In connection with Yaron Brook’s essay “The Morality of Moneylending,” Edward Glaeser’s NY Sun op-ed “Vilifying Lenders” is a hopeful sign. Glaeser makes some good points: Not so long ago, banks were routinely vilified for not lending to the less fortunate. Over the past 15 years, a revolution in credit…