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Without economic freedom, what’s the point?
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In the Middle East, as well as other parts of the world, an absolute prerequisite to true progress is the reduction of government power. The dead hand of government regulation and control is smothering human potential. If books such as The Wealth of Nations, Capitalism and Freedom, and The Road to Serfdom became widely read in the Mideast, it would greatly improve the chances for meaningful and lasting progress.
I sincerely hope that people there as well as elsewhere achieve their goal of democratically elected governments. However, even if they do, it will not assure economic freedom. The U.S. and other Western countries enjoy a high degree of democracy, but there are still far too many limitations on economic freedom and property rights.
Constrictions of economic freedom are destructive wherever they occur. Petty tyrants like the policewoman and city officials in Sidi Bouzid, Tunisia exist almost everywhere in the world. They maliciously and gleefully destroy wealth creation and the human spirit.
Almost any significant endeavor you attempt in the U.S. will necessitate having to deal with mindless regulations, interminable delays, and brain-dead bureaucrats. An oil worker who has no job because of the Obama administration’s illegal drilling moratorium could well ask, “How do you expect me to make a living?”
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?