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,...

Bush Turns Enron Green

On Aug. 4, 1997, Kenneth L. Lay, the chairman of Enron Corp., met with Bill Clinton, Al Gore and Treasury Secretary Bob Rubin to discuss the global-warming conference coming up in Kyoto. Mr. Lay was an enthusiastic advocate of the Kyoto climate-change treaty -- for...

Cash: The Secret to Spotting Troubled Companies

Could the typical small investor have discovered a year ago that Enron Corp. was on the brink of disaster? It's highly unlikely. Still, if you looked for the right thing, you never would have bought Enron stock in the first place. The right thing is cash. The earnings...

Dividends: Show Me the Money

To many investors, the lesson of the Enron scandal is never to trust a company's earnings reports and balance sheets again. But that's nonsense. Yes, there are unscrupulous corporate managers and auditors out there, but the best way to protect yourself is not to dump...

Why Imports Are Good

It was Ronald Reagan who said that "economists are people who see something work in practice and wonder if it would work in theory." I think this is a wonderful quote. And what is working in practice -- or has been working for the last two decades -- has been the U.S....

More Investing Lessons from Enron

When shares of Enron plunged from $84 earlier this year to practically zero, thousands of the company's employees lost not just their jobs but also most of the value of their 401(k) retirement accounts. For the average employee, Enron stock represented three-fifths of...

AOL Antitrust Suit Against Microsoft

Instead of straightening out its business problems, AOL has decided to spend its time and effort filing lawsuits against tough competitors – a petty, distracting pursuit that won’t help AOL or, for that matter, the U.S. economy, which depends on firms like Microsoft for the innovation necessary to bring about a technology revival.

Investing Strategies: Asset-Focused “Value” Stocks

In the next few days, the Wall Street Journal will announce the results of its Investment Dartboard contest for the second half of 2001. In the competition, Journal editors ask four market professionals each to choose a single stock for the six months ahead. Their...

Investing Lessons from the Collapse of Enron

Leafing through a recent edition of the Value Line Investor Survey, an excellent research service with a track record for prudence and accuracy, I ran across what looked like the perfect company. Its profits were rising strongly and consistently. It had a solid...

Celebrity Lawyer Erin Brockovich: The Real-Life Sequel

Unlike Emma Bovary and Scarlett O'Hara, Erin Brockovich is a real, live person. She's a 41-year-old mother of three with a gift for publicity. Julia Roberts won an Oscar playing her in the eponymous movie about a legal assistant who got 650 prospective plaintiffs...

Getting Out Of Bondage

First, a confession. Nearly 20 years ago, when I was in my mid-thirties, I got a chance for the first time to manage my own tax-deferred retirement portfolio. I was confronted with the same choices as the 42 million Americans who now have 401(k) plans and the millions...

Mary Kay Ash: One of America’s Great Entrepreneurs

Mary Kay Ash, one of America's great entrepreneurs, died Thanksgiving Day at 83 in Dallas. She was 45 when she started a company (with just $5,000) to sell cosmetics through home and office demonstrations by sales reps - the best of whom were awarded pink Cadillacs....

The Trouble With ‘Timing’: It Doesn’t Work

In the stock market (as in much of life), the beginning of wisdom is admitting your ignorance. One of the many things you cannot know about stocks is exactly when they will go up or go down. Over the long term, stocks generally rise at a nice pace. History shows they...

Protect Yourself Through Diversification

Warren Buffett, who was probably the greatest investor of the 20th century, is fond of quoting the salacious actress Mae West as saying, "Too much of a good thing can be wonderful." In the market, such a motto would lead you to avoid diversification and instead...

The ‘Next Big Thing’ in Technology?

You may know Jim Jubak from his frequent appearances on CNBC. Jubak, the senior markets editor at MSN Money, holds a core investing principle: the conventional wisdom is always wrong. Suffice it to say that this guy has an independent streak, which is a great virtue...

An Interview with The Skeptical Environmentalist

Bjorn Lomborg isn't one to abandon his politics just because he strays from the established line on the environment. The Danish statistics professor would rather solve the pressing problems of the world effectively. Tech Central Station's James K. Glassman spoke with...

‘Tis the Season for Small Caps?

"Holy Cow!" That's the polite version of my exclamation when I heard that the US economy grew by 2% in the first quarter of this year. This rate of growth is really nothing special, usually not cause for excitement, and not even close to the rapid growth of the late...

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