The European Union has adopted fiscal rules that require those who are in the eurozone to limit deficit spending to no more than three percent of any member nation’s gross domestic product (GDP). Unfortunately, the present Italian budget does not comply with these goals. However, there is no problem that is too … Read more
This year’s graduating class at Boston College was treated to empty rhetoric about “climate change” by its commencement speaker, Secretary of State John Kerry. During his discourse, he derided any questioning of the failed computer models of global cooling, global warming, climate change or now climate interruption, labeling such questioners as “skeptics.” … Read more
The Environmental Protection Agency (EPA) seems to be given a never-ending authority to interfere in a critical part of the U.S. infrastructure—electrical generation. The pretext is the classification of CO2 as a pollutant, despite the fact that this naturally occurring trace gas has a small benign effect on the climate and a … Read more
Major corporations are pulling up decades-old roots in sunny California and heading for greener pastures elsewhere. The list of companies is quite impressive: Nissan, Raytheon, Occidental Petroleum, Legalzoom, Waste Connections, Daegis, and Revionics. The most recent to join their ranks—Toyota Motors—becomes one of the 36,000 companies that have left between 1990 and … Read more
In November 1999, the BBC ran an article with an alarming title, “Global Warming Could Starve Polar Bears.” The main argument was that man-made greenhouse gases were increasing in disturbing amounts and causing the aggregate global temperature to increase dramatically melting arctic ice. This shortened the hunting season for polar bears because … Read more
Who would not want renewable, clean and affordable energy? The promise is great, but do green power sources live up to their claims? It seems that the only green to be found is from taxpayers’ pockets to environmentally friendly construction companies. Green energy is big business delivering small returns. It seems there … Read more
It appears that Argentina and Venezuela have more in common than meets the eye. They were both Spanish colonies, have a majority Catholic population, once enjoyed a vibrant and growing economy—and they are both falling headlong into chaos, bankruptcy, civil unrest and massive poverty. Do the woes of Argentina and Venezuela have … Read more
With computers, robots and other digital technologies acquiring basic tasks and even more advanced skills at an extraordinary rate, what is the future of the labor market? For more than a century, automation has increasingly replaced a portion of the labor market as technology advances with robotic automation performing more and more … Read more
Amid constant snowfall, TFP Student Action volunteers attended a rally at the Supreme Court in Washington, D.C. on March 25 to support Hobby Lobby, a craft store with 13,000 employees. Directly next to the rally in favor of Hobby Lobby a counter-rally organized by Planned Parenthood loudly proclaimed a contrary message. The … Read more
Man needs hope as much as the air he breathes. Lacking air, he feels asphyxiated; without hope, he falls into discouragement and despair. The upshot is that, when beset by life’s trials or in times of crises that affect countries, peoples and civilizations, he strives to find reasons for hope. A Russian … Read more