James Glassman

Ambassador Glassman has had a long career in media. He was host of three weekly public-affairs programs, editor-in-chief and co-owner of Roll Call, the congressional newspaper, and publisher of the Atlantic Monthly and the New Republic. For 11 years, he was both an investment and op-ed columnist for the Washington Post.

The Multifront Attack on Business Hero Elon Musk

The attacks on Elon Musk seem like something straight out of an Ayn Rand novel. The successful and innovative entrepreneur is attacked on all sides by institutions and people who live off the system rather than innovate around and beyond it. 

Review of Free Market Revolution

How Ayn Rand’s Ideas Can End Big Government by Yaron Brook and Don Watkins

Oil Company Profits and The Senator From Windfall

Of all the politicians complaining about the profits and practices of America's wicked oil companies, few can top Sen. Maria Cantwell (D-Wash.). Among her latest ventures is a demand that the oil company executives who testified Nov. 9 be brought back to the Senate,...

The Effects of President Bush’s Tax-reduction Proposals

The following is TCS Host James K. Glassman's testimony before a hearing on the President's Economic Growth Proposals before the Committee on Ways and Means of the U.S. House of Representatives. The Honorable William Thomas, chairman, was presiding. Mr. Chairman and...

Researching Stocks: The Shaw Group (Updated)

A friend whose judgment you trust tells you about an interesting stock. Or you read a newspaper article about an intriguing business, or run across one at work or at the mall. Or your dentist tells you that there's this company that makes a terrific new drill. What do...

Asia Major – but Ignored

What ever happened to Asia? Last time I looked, 3.5 billion people lived there -- three times as many as in North America and Europe combined. Asia is the fastest-growing part of the world and already accounts for one-quarter of all global economic output. Yet Asia...

SUVs and Terrorism: Arianna Huffington Version 5.0

About a year ago, I was a regular on a Santa Monica radio program called "Left, Right and Center." Arianna Huffington, the protean author and TV personality, was, if you can believe it, the center of our trio. I was the right. Bob Scheer, Los Angeles Times columnist,...

Eyes on the Prizes

Contrary to the impression you may get watching all-day TV stock market shows, investing is not a sport. It's a serious endeavor - specifically, a means to a better life for you and your family. If you invest wisely, you can acquire wealth for goals such as a down...

War and the Economy

What's worrying the stock market? War. Sure, investors are disappointed that corporate profits have not rebounded vigorously and that the economy grew, just 0.7 percent in the fourth quarter of last year. But those problems, too, are linked to the imminent conflict...

Investing in Utilities

If President Bush gets his way, investors will soon be receiving their dividends tax-free. You'd figure that one sector to benefit would be gas and electric utilities, which through the years have offered consistently high dividends. Right now, the average yield on...

What’s In a Name?

The name "Glassman" has been popping up a lot lately. And it's not just me and my family. In fact, with the exception of my brother, the illustrious Washington veterinarian, I am not related to any of the recently famous Glassmans, who include such notables as Cynthia...

Dogs of the Dow

When I heard that President Bush was proposing to eliminate the double taxation of dividends, I immediately exclaimed, "Arf!" I was thinking of the Dogs of the Dow, those high-yielding blue chips that gained notoriety nearly a decade ago. If it becomes law, the White...

Bush’s Economic Recovery Plan

President Bush announced an economic recovery plan built on tax cuts. A Democratic president, John F. Kennedy, also faced with national security threats and a big stock-market decline, came to the same conclusion. On Dec. 14, 1962, JFK urged Congress to ''reduce the...

Growth, Yes. Stimulus Package, no.

Now that President Bush has named his new economic team, he's expected to turn his attention to a stimulus package. I hope not. Growth, yes. Stimulus, no. "Stimulus" implies a goose to the economy - or, more politely, the quick boost you get when you jump-start a dead...

Invest in the Market for the Long Run

My favorite curmudgeon, the Scrooge of Stocks, is a former National Geographic photographer named Charles Allmon. He lives in Potomac, manages about $100 million for clients, and is the founder and editor of Growth Stock Outlook, now in its 38th year. When I first met...

Ten Stock-ing Stuffers

In January 1995, I started offering readers a list of 10 stocks to consider for the year ahead, making my selections from the choices of market pros whose opinions I value. In five years of this exercise, my lists returned an annual average of 24 percent, compared...

Destroy the WorldCom Zombie Already

With phony profits now expected to top $9 billion, WorldCom, Inc, the Mississippi-based telecommunications company, has earned the distinction of committing the worst accounting fraud in American history. As a result, investors have marked down WorldCom's stock to...

The Innovator’s Decision

Tom Daschle tried to turn the election into a referendum on the economy, blasting the Bush administration for "the worst performance in terms of real economic growth that we have seen in the last 50 years." However hyperbolic, he raised a paradox: If the economy was...

Mutual Fund Failure

Despite the miserable performance of the stock market in recent years, the number of Americans owning mutual funds continues to rise. At last report, 48 million families owned stock funds. That's roughly half of all U.S. households - up from only about one-fourth in...

Merck and Pfizer: Time for a Drug Binge?

In turbulent times, tastes typically turn to the tried and true. For instance, investors usually flee volatile stocks in favor of shares in the big drug companies, which keep churning out good profits, whatever the economic conditions. After all, people get sick...

The Uncertainty Principle

"There remains an illusion among investors, especially professional money managers and analysts, that with enough digging and number-crunching, uncertainty can be conquered." Unfortunately, it can't. That's the thrust of one of the best essays on investing I have ever...

Norman Borlaug: Solving World Hunger Through Genetics

Not to take anything away from Jimmy Carter, the 2002 Nobel Peace Prize winner and a far better ex-president than president, but, when it comes to saving lives, no one can compete with Norman Borlaug. Norman who? Borlaug is one of the great humanitarians of the 20th...

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