The Just Third Way

One of socialism's most holy precepts is that the State can and must take care of everyone who cannot take care of him- or herself. Asi...

Earlier today we had a fascinating conversation with a Pro-Life lawyer . . . yes, Virginia, there are such fantastic creatures. Even more f...

We've been spending a lot of time on economic justice issues lately (we've got a rather important paper in preparation, to say nothi...

The time for the annual rally outside the Federal Reserve in Washington DC is drawing very near. If you're in the DC "metro area...

In The Gondoliers, or, The King of Barataria , Messrs. Gilbert and Sullivan took on social reformers who thought government so powerful that...

It's always a temptation to take the law, especially God's law, into our own hands when people don't do as we want them to do, o...

In yesterday's posting we noted that students of Father Heinrich Pesch, S.J., seem in one accord on the importance of widespread, direct...

Depending on whom you ask, the social welfare system in the United States is either just peachy and everything is fine (if we could just get...

This has been a week of great activity with respect to meetings — at which a lot of work is done, but very little that is reportable as ...

According to an Associated Press, the Japanese government expects that "the cost of the earthquake and tsunami that devastated the nort...

One of the features of a modern economy that politicians and policymakers work ceaselessly to overcome is the fact that as technology advanc...

Yesterday we noted that, in our opinion, the triad of disasters to hit Japan was more destructive than World War II, both in physical terms ...

The Japanese media have described the magnitude of the disaster as the worst since World War II and the destruction of Hiroshima and Nagasak...

The response of the people of Japan and the rest of the world to the disaster has been inspiring. It reinforces our conclusion from last we...

There are more than a few parallels between the current world situation and that which prevailed in the 1890s. The world was in the grip of...

It's fine to say that all new money should be restricted to financing new capital formation — but what about people who need money now f...

Today's Wall Street Journal reported that, in defense of consumers, Elizabeth Warren is taking on the financial services industry — ...

One of the most remarkable statements made by John Maynard Keynes in his Treatise on Money — trashed for its inherent collectivism by Fried...

The most important news item is one we'd rather not have occurred, the earthquake that hit Japan. "Fortunately" — if that is ...

Now we come to the "heartless fiend" portion of our discussion of the weaknesses inherent in both Keynesian and Austrian economics...