CULTURE

College Student Loan Debt Problem: Senator Warren’s “Fix” Will Make Things Worse

Federal college subsidies have increased the cost of higher education, lowered its standards, created a labor market glut of graduates expecting “good” jobs because they’ve been to college, and led to a horde of people who can barely repay their college debt.

Capitalists’ Socialism Syndrome

Capitalists’ Socialism Syndrome

At the present moment, we are witnessing a phenomenon that to many people appears bizarre and inexplicable: the phenomenon of wealthy capitalists supporting socialism/communism.

Black Education Tragedy Is New

Black Education Tragedy Is New

As early as 1899, students of Paul Laurence Dunbar High School, a black public school in Washington, D.C., scored higher on citywide tests than any of the city’s white schools. From its founding in 1870 to 1955, most of its graduates went off to college.

Voice of Capitalism

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Some Comments on the Issue of American Slavery

Condemning slavery is morally right. Slavery is an evil institution because it is a total violation of individual rights. However, before one judges America and its founding fathers, it is important to be aware of history.

Capitalism is Egoism for All

We know from Atlas Shrugged, and many other Ayn Rand writings, that capitalists are egoists. They trade to make a profit, and this is morally admirable. They are wealth creators. But it is important not to forget that customers and employees are egoists too.

Liberty Winning?

Louis XIV had hundreds of servants who prepared him dinner. Today, my supermarket offers me a buffet Louis XIV couldn’t imagine. Thanks to trade and property rights and markets, each of us lives as if we had more servants than kings.