Old Truth Blog

Dennis Prager wrote an excellent analysis in October 2007 on anonymity on the Internet, specifically anonymous comments posted in comment sections of blogs, online newspapers, etc. The column can be found here . An excerpt below: "The Internet practice of giving everyone the ability to express himself anonymously for millions to read has debased public discourse. Cursing, ad hominem attacks and/or the utter absence of logic characterize a large percentage of many websites' 'comments' sections. And because people tend to do what society says it is OK to do, many people, especially younger people, are coming to view such primitive forms of self-expression as acceptable."

I just finished reading an insightful book on globalization by Swedish think tank Timbro's Jonah Norberg titled In Defense of Global Capitalism. This book is the first to rebut, "systematically and thoroughly, the claims of the anti-globalization movement. With facts, statistics and graphs, [the author] shows why capitalism is in the process of creating a better world." Below I have selected my favorite parts of my favorite chapters from the book and hope that they will prove insightful to you as well: The Preface "By capitalism I do not specifically mean an economic system of capital ownership and investment opportunities. Those things can also exist in a command economy. What I mean is the [classic liberal] market economy, with free competition based on the right to use one's property and the freedom to negotiate, to conclude agreements, and to start up business activities. What I am defending, then, is individual liberty in the economy. Capitalists ar...

As part of my Basic Economics series, I'd like to also direct anyone who is interested in learning more about economics to read Walter Williams' short Economics for the Citizen , "a ten part series on basic economic concepts". The series can be found here . A few examples of what you'll read: "The first lesson in economic theory is that we live in a world of scarcity. Scarcity is a situation whereby human wants exceed the means to satisfy those wants. Human wants are assumed to be limitless, or at least they don't frequently reveal their bounds. People always want more of something, be it: more cars, more food, more love, more happiness, more peace, more health care, more clean air or more charity. Our ability and resources to satisfy all those wants are indeed limited. There's only a finite amount of: land, iron, workers and years in a lifetime." "In order for specialization to occur, there must be trade opportuniti...

One of the worst things about a race for the Presidency is that its filled with politicians. And we all know that with politicians comes special interests, lies, deceit, flip-flops, you name it and it's there. It really doesn't matter if the politician has never worked in Washington either, as in the cases of Mitt Romney and Mike Huckabee. Below you'll find various columns outlining the political characteristics on just a few front-runners: Deroy Murdock on Mitt Romney's Flip-Flops " Mitt is the born-again supply-sider who today swears he never raised taxes, even though he increased taxes and fees $983 million as Massachusetts governor. He is 2008's stalwart defender of traditional values and man-woman marriage who, in 2002, distributed a hot-pink flyer among Boston's gay community that read: 'Mitt and Kerry Wish You A Great Pride Weekend! All citizens deserve equal rights, regardless of their sexual preference.' (Kerry Healey was the GOP nominee ...

The term Global Warming has always bothered me. Not because of what it means, but because of what some wish it meant. There are those who believe and promote the idea that human beings are the cause of Planet Earth getting a little warmer, as if this is a new thing. Then there are those who believe and acknowledge that the planet is indeed getting warmer, but human beings are not the cause. Contrary to claims, the debate between these two camps is not over and we, as human beings, should do all we can to examine the facts, and come to our own conclusion. Personally, I disagree with the doom-sayers that global warming is caused by humans and if we don't do something, we're in for a terrible time. I recently read a QA with economist Holly Fretwell. The entire session can be found here . I will post a few excerpts below: Q: What do you say is going on with climate change? A: We do see the Earth is warming. We are coming out of an ice age and we'd expect to see some warming. ...