Editor’s note: A longer version of this article first appeared at Forbes.com. On Dec. 23, 1913, President Woodrow Wilson signed the Owen Glass Act, creating the Federal Reserve. Looking back, what has the Fed accomplished during the last 100 years? … Continue reading
The entire country pauses on Dec. 25, as Christians commemorate the birth of Jesus of Nazareth, known to Christians as God’s Christ and Savior, and known to many as The Prince of Peace. The impact of this one special life … Continue reading
Editor’s Note: This article first appeared at Forbes.com. Every now and then, something unforeseen and special happens—something that logic or reason would tell you is either impossible or that the odds against it happening are overwhelming. And yet those things … Continue reading
Editor’s note: This article first appeared at Forbes.com. In economics, the first lesson I teach my pupils is the lesson of things that are seen and things that are not seen. Actions produce some effects that are readily apparent and … Continue reading
Editor’s note: This article first appeared at Forbes.com. If there is one truth that became apparent during the financial panic five years ago, it is that Big Government and Big Finance are inseparable. Of course Uncle Sam was going to … Continue reading
Editor’s note: This article first appeared at Forbes.com. Years ago, I thought that if I ever attempted to write a novel, I would describe a future dystopia in which the ruling elite were those who made and understood computers and … Continue reading
Editors note: This opinion editorial first appeared at Forbes.com I’m sad. Detroit is my native city. It’s decline from being arguably the world’s richest city to being America’s “first Third Word city” is tragic, politically criminal, and a warning to … Continue reading
Editor’s note: This opinion editorial first appeared at Forbes.com. Jonathan Swift’s classic novel Gulliver’s Travels—and in particular the novel’s first section in which the tiny Lilliputians immobilize Gulliver by binding him with thousands of tiny, threadlike ropes—serves as a literary metaphor … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. Sunday, April 28, marks the 255th anniversary of President James Monroe’s birth in 1758. Recently, I had the pleasure of reading one of Harlow Giles Unger’s thorough biographies of … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. Republicans are flailing about these days, trying to rebrand themselves before the next election cycle. A certain amount of introspection and internecine debate is inevitable after suffering a stinging loss against an opponent with … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. Last summer, Barack Obama riled a lot of entrepreneurs when he got carried away at a campaign event and told any American who had built up a successful enterprise, … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. The Pentagon’s budget occupies center stage in the sequestration drama. Defense spending comprises approximately 18 percent of the 2013 federal budget, but accounts for 50 percent of federal spending cuts stipulated … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. A primary meme of the Democratic Party in 2013 is that the federal government doesn’t have a spending problem. That is what President Obama reportedly said to House Speaker John Boehner … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. The prospect of four more years of Barack Obama in the White House has caused several conservative voices (among them, The Wall Street Journal’s Daniel Henninger, Fox News commentator … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. I recently indulged in some wistful, year-end nostalgia, but now that 2013 is underway, let’s turn our attention to a time more crucial to our well-being: the future in … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. New Year’s observances blend recollections of the past, celebrations in the present, and anticipation of the future. For a variety of reasons, I’m feeling nostalgic this year. I’ve been … Continue reading
The gentle spirit of Christmas brings a sense of fresh promise and renewal every year. The remembrances and commemorations of the birth of an innocent baby have a softening effect. Christmas provides a respite, even surcease, from the stresses, bruises, … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. As soon as the elections were over, a wave of commentaries extolling the virtues of compromise appeared in the press. The common theme is that it is time for … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. Can the Twinkie and other famous Hostess brands be saved? I hope so, and I’ll offer my own two cents’ on one possible way of doing so. First, though, … Continue reading
Editor’s note: A version of this article first appeared at Forbes.com. Drat! I’m bummed—saddened by the news that the Hostess company, home of the Twinkie and other venerable sugary snacks, is shutting down. I’ll bet I haven’t eaten more than … Continue reading
