The Wealth of Nations Revisited; It All Descends from Adam

Adam Smith's famous "invisible hand" purportedly leads all individuals to follow their own self interest in a way that produces the greatest good for all. Just reading that idea leaves me amazed that such a counterintuitive idea has come to be so thoroughly accepted by really smart people, many of whom have really good educations.

Just My Opinion

Is it just me, or have the Democrats in power forgotten to stop taking their "stupid" pills?

From 'Permanent Majority' to 'Watch Your Back'

It wasn't long ago that Fred Barnes, resident seer at The Weekly Standard was trumpeting the consolidation of the American shift from Democratic to Republican Party as, if not a permanent state, certainly a long lasting one.

Inhofe: General Petraeus Understates Success in Iraq

Tired of the doom and gloom over Iraq? All you have to do is switch media. Try the American Family Network's OneNewsNow.com, where you can read about Senator James Inhofe's statements upon recently returning from Iraq.

Real Earnings Report Continues the Sad News

From Thursday's Bureau of Economic Analysis reports on real earnings and on inflation:

The New Use for Swift Boat Comparisons

Public debate is made increasingly muddy these days by the ever-increasing number of propaganda outlets funded by conservatives. Similarly, immediate claims of outrage over ordinary events and tactics, and hyperbolic comparisons to past outrages, tends to divert attention from the substance of what is said. Welcome to Vermont and the debate over the wisdom of its nuclear energy generator.

Department of Defense Blocks Popular Recreational Sites

The Department of Defense is instituting a "global" ban on popular sites such as YouTube, MySpace, and others in order to reduce security risks and save bandwidth. Is this a good idea?

Opie and Anthony Air Sex Rant Against Rice, Laura Bush

Radio shock jocks Opie and Anthony, in a controversy likely to test both the post-Don Imus radio landscape and the lack of government censorship of satellite radio, played along with a guest Wednesday who expressed his desire to physically abuse and have sex with Secretary of State Condoleeza Rice and First Lady Laura Bush.

Conrad Black: Beyond Competition, Conscience and Poverty

Conrad Black, on trial in Chicago for fraud against the company he controlled, Hollinger International, is accused of bilking his own company out of many millions of dollars. From the court proceedings today, it appears that Lord Black has both a strong class awareness and a great fear that the jury may have the same awareness.

Mental Health of U.S. Forces in Iraq: Not Good

The Mental Health Advisory Team IV Brief (MHAT), the fourth review of mental health issues of the U.S. military in Iraq, was submitted by General James T. Conway, Commandant of the Marine Corps, on April 18.