Laissez-Faire Today

Politics is a lagging indicator of social-cultural trends. Politics doesn’t lead change; it chases it, incompetently and long after the underlying reality is impossible …

Corn prices are officially through the roof, spiking to record highs. It’s been headed this way through six years of crazy volatility. Now the …

In 1946, oil baron William F. Buckley Sr. sent his extremely bright son Bill to Yale University. The father wanted to pass on one …

Not too long ago, it was conventional wisdom: Personal wealth comes not from wages, but from return on investments. Stocks are for the long …

In the final segment of my appearance on Capital Account last week, the hosts mentioned that plenty of Americans don’t know the names of …

Why do people love competition so much in the field and in the pool, but fear and hate it in the business world? The …

Before the third of the Batman trilogy hit theaters, I had heard that The Dark Knight Rises was a film without hope, with a …

In my town this week, two tribes shouted each other down, each claiming that the other is destroying the country. At issue: whether to …

Is a blowout bust coming for high-flying Internet stocks? There was the disappointing Facebook IPO, but many people wrote that off as due to …

After Sept. 11, the American system of government became crazy obsessed with security. The implementation has not only been brutal and contrary to human …