Despite the fundamental distinction between the two, misunderstandings of capitalism and socialism — and their implications for freedom — abound, and usually in favor socialism. In these circumstances, a return to the basics is warranted. The 17th-century writings of John Locke in defense of political and economic freedom and the 19th- century critique by Karl Marx of political and economic freedom represent classics of the genre.
With Architects of Ruin, Peter Schweizer again delivers a knockout punch of a book that is the must read of the season for conservatives and should be a main topic of conversation for conservative media. . . .
How well did our leaders handle the financial crisis? . . .
Thomas Sowell details the pitfalls of New Deal thinking...
Richard Epstein rates the separate responses of the Bush and Obama administrations to the financial crisis...
In the Age of Discontinuity, published by Harper & Row at the height of the Vietnam War and some 25 years after the end of World War Two, management guru Peter Drucker wrote about managing change when there is a total disconnect between the past as we perceive it and the present evolving into the future. . . .
How well are our leaders — including Federal Reserve chair Ben Bernanke — managing the aftermath of the financial crisis? . . .
Paul Rahe, a professor at Hillsdale College, believes the country is going to hell in a hand basket. . . .
At the "tea party protests" that took place on Wednesday, hundreds of thousands of Americans took to the streets and asserted an outrageous claim...