Risk and Principle

In a world of uncertainty it is more important to know the odds than to know the facts. In a business bet, if you have a thirty percent chance of winning one hundred dollars or a seventy percent chance of winning forty dollars (with return of principal guaranteed) the...

The Real Apartheid

Mark Steyn (an immigrant) writes on the Arizona immigrant issue in National Review Online. What Arizona Must Live With excerpt: That’s Arizona. To the coastal commentariat, “undocumented immigrants” are the people who mow your lawn while you’re...

Failing to Learn from Failure

The financial crisis was deemed a failure of capitalism. Yet very little is said of the government’s role in creating the crisis.  Commentators lament the deregulation, but omit specific regulations and policies that caused the crisis. Milton Friedman accurately...

The Twitter World

I have been blogging for two years and well over a thousand entries. I started Twittering as a means of expanding the number of readers and as an accessory to the blog. I use Twitter to share articles and sources with other readers and gain access to material others...