Britain is moving further to the Right after 13 years of Labour, it is disclosed today, as the public’s views on welfare become tougher than when Baroness Thatcher was prime minister.
Adam Smith(1723-1790)
With “The Wealth of Nations” Adam Smith installed himself as the leading expositor of economic thought. Currents of Adam Smith run through the works published by David Ricardo and Karl Marx in the nineteenth century, and by John Maynard Keynes and Milton Friedman in the twentieth.
Conservative vs. Liberal-An exercise
Most of the debate among liberals and conservatives in the United States is over specific issues, but very little attention is given to the underlying ideals and principles behind these ideologies. We state our case to support or oppose this or that, and we argue with people who disagree, but we almost never bring the argument down to the underlying political attitudes behind our opinions. As such we often misunderstand or mischaracterize each others’ positions, and the result is deep political polarization and a virtual inability to find common ground with one another. I think that a discussion about the fundamental differences between liberalism and conservatism is well worth having.
An Oasis of Civilization in a Desert of Barbarism
The State of Israel is a modern incarnation of one of the ancient sources of today’s civilization. Our civilization — Western Civilization — traces its origins to the confluence of Judaic, Hellenic, and Roman cultures in what eventually became Christian Europe.
Death Orders-The Vanguard of Modern Terrorism in Revolutionary Russia
A 21-year-old woman walks into a police headquarters, a normal occurrence most days, except for this one. Thirteen pounds of explosives and a detonating device are attached to her body underneath her clothes. But before she has the chance to blow herself up along with the building and everyone in it, she is, fortunately, apprehended.
Crony Car Capitalism
Several recent revelations bring home just what a cesspool of crony capitalism the American auto industry has become. The Obama administration and the UAW (Obama’s major financial and political supporter) are running the show.
Upton flips a switch on CFL bulbs
Three years after he led the charge to require consumers to ditch their comfortable old incandescent lights in favor of those twisty CFL bulbs, Rep. Fred Upton now wants to be the man to help undo that law as the next chairman of the House Energy and Commerce Committee.
That about-face is not unique among lawmakers looking to atone for stances they’ve taken over the past decade as they seek to gain top posts in a decidedly more conservative Republican Congress, but his reversal underscores how intent the GOP is on proving it has broken with past practices.
Austrian MP Ewald Stadler addresses Turkish Ambassador
Recently the Turkish ambassador in Austria Ecvet Tezcan gave an interview in which he told the Austrian home secretary to “stop intervening in the integration process.” He then claimed that Turks were treated like a virus and blamed the Austrians for all the problems surrounding the non-integration of Turks.
Capitalism—Minus the Cronies
The revelation that the American taxpayer is now the World’s Banker of Last Resort, as revealed by the new FinReg bill (yet another assault on real, as opposed to crony capitalism), means Americans must face the disturbing reality that our national sovereignty is being completely undermined. And those undermining it have only one over-riding loyalty: a level of naked self-interest beyond anything the world has ever witnessed.