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"For the Hamiltonian, a just government, in carrying out its limited purpose of protecting rights and securing property, also must be limited to functions necessary and proper to its basic purpose. Thus in public finance it must spend wisely, frugally, and prudently; as a rule it should tax lightly, live within its means, and balance its budget. If such a government should need to borrow during emergencies such as wars, it still must do so prudently, never excessively, and regardless of its ultimate debt burden, it must not violate rights or abrogate contracts, even of those held by creditors. In the field of money, the just and efficient government must uphold objective, market-based media and monetary standards, such as the gold standard; it must not abuse the money and credit system by resorting to confiscatory or fiat-type measures for its own fiscal privileges and advantages, at the expense of innocent money-holders."
Richard M. Salsman
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The Government Boot on Your Doctor's Neck
We live in an age when the secretary of the Interior and the White House press secretary proudly and publicly proclaim that they will keep their "boot on the neck" of an oil company. This new manifestation of "hope" and "change" is ominous at a time when the...
Wages War
Many high employment “countries such as Iceland, Norway, Sweden and Switzerland” have no minimum wage laws.
Climate Activism: An Ideology in Search of a Justification
Thirty years ago, environmentalist policies were intended to prevent us from running out of fossil fuels. Now it’s a case of having too much fossil fuel for the environment to handle.
After Trump’s ‘Racist’ Tweets, Democrats Demand ‘Civility,’ But When Have They Practiced It?
President Donald Trump, in a series of tweets, offered four freshman Democratic congresswomen a suggestion. Given their complaints about America and about Israel, tweeted Trump, the four, aka "the Squad" should "go back and help fix the totally broken and crime...
High Crime Black Communities Need Law and Order, Not Political Rhetoric
Today’s level of lawlessness and insecurity in many black communities is a relatively new phenomenon. In the 1950s, ’40s, ’30s and earlier times, people didn’t bar their windows
‘Veggie Burger’ Ban: Mississippi’s Unconstitutional Advertising Restrictions
The government has no power to keep consumers in the dark—or to prohibit the use of terms that consumers understand—in order to protect special interests from honest competition.
Individualism is the Political Foundation of Healthcare
Individualism remains the best tool to deny government the power to force us to buy health insurance in general or forbid the purchase of the kind of health care plan we prefer.
Dear Anti-Capitalist Billionaires, Why Wait For a Wealth Tax? Contribute Your Money Now!
On June 24, 2019, nineteen billionaires released a letter to the media entitled “A Call to Action: A Letter in Support of a Wealth Tax.” They urged potential presidential candidates to campaign for and, if elected, implement a new wealth tax that would strengthen America. I hereby offer my own letter in response.
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CAPITAL READING
Keeping It Real: Bringing Ideas Down to Earth
by Leonard Peikoff, ed. by Barry Wood (540 pages)
Offers invaluable advice on how to apply broad philosophical principles to the real-world decisions we have to make every day.
"Leonard Peikoff, Ayn Rand’s longtime friend and heir, provides a wealth of practical counsel on personal relationships, child-rearing, career problems, politics, sex, and many other topics. His answers to hundreds of questions—taken from the first five years of his former podcast—highlight the importance of ensuring that the principles we claim to live by do not float in our minds as useless wordplay, but rather guide us in action toward our personal, selfish happiness here on earth."
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