Orchestrating Energy Disaster

One needn’t be a rocket scientist to create California’s energy problems. According to the California Energy Commission, from 1996 to 1999 electricity demand, stimulated by a booming economy, grew by 12 percent while supply grew by less than 2 percent....

Nations United Against Rights

On Friday, Secretary-General Kofi Annan met with congressional leaders to assuage their anger at America’s ejection from the UN’s Human Rights Commission. The meeting seems to have been a success; it looks as if Republicans in Congress will give up their...

Anti-Intellectualism Runs Rampant in U.S. Education

Diane Ravitch research professor at New York University and holds the Brown Chair in Education Studies at the Brookings Institution in Washington, DC and is author of the book Left Back: A Century of Failed School Reforms. Clowes: What prompted you to write Left Back?...

Basic Economics

Dr. Thomas Sowell has just released his latest treasure — it’s title is “Basic Economics.” Reading through the book reminded me of a 30-plus-year-old conversation I had with Professor Armen Alchian, one of my tenacious mentors during my...

Fire in the “Frankenforest”

A jihad against some of America’s best and brightest researchers continues unabated. Arsonists struck again in the Pacific Northwest this week, gutting a University of Washington horticultural lab in Seattle and burning down property at a poplar tree nursery in...

Moody Markets, or Manipulated Markets?

One of the things we often hear about the stock market is that it is an anticipatory animal, meaning that bear markets begin when the economy is good but people fear that things will get worse in the future, and that conversely, bull markets begin when the economy is...

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