100 Entrepreneurs Who Changed The World

Given the actions of the Federal Reserve, particularly over the last twenty years or so, we have become accustomed to the fixing of interest rates as normal. Indeed, there appear to be benefits for many from such policies, at least in the near term. After all, given mortgage rates as low as 2% to 3%,…

Photo by teapartycheer Thomas Sowell (1930) The current senior fellow at Stanford University’s Hoover Institute, Thomas Sowell was born in Gastonia, North Carolina, and grew up in Harlem, New York. After dropping out of high school and serving in the Marines during the Korean War, Sowell received degrees from Harvard, Columbia, and the University of…

Outsourcing — sending manufacturing or services work abroad where it can be done more cheaply — can be a tough sell in the best of times. It’s even more of a challenge when jobs in the U.S. are already hard to find, making it painful to think of precious jobs being shipped overseas. If only…

At the beginning of the Cold War, George Kennan introduced the idea of “containing” an unfriendly state as part of  his work on U.S. policy toward the Soviet Union. Later the idea of containment was implemented in part through the use of economic sanctions. It was based on two assumptions: For both ideological and geopolitical…

In an era when girls outperform boys at school and outnumber male students at universities, and when women experience no more practical hindrances than men in achieving anything they want in life, it has become harder to paint women as victims. Feminists have been forced to shift their attention to the hazy cultural sphere in…

We hear about it all the time. After a natural disaster, or during times of civil unrest such that transpired recently in Ferguson, businesses price gouge items in high demand. Water or a ride away from a dangerous area become expensive commodities. The instinct is to chastise such actions as immoral and selfish. But a…