TCS Daily : July 2007 Archives

Is the War Lost? Three Inconvenient Truths About Iraq Right Now

Democratic Party opponents of the Iraq War are now deeply invested in a withdrawal strategy. They argue, as Harry Reid has phrased it, that the war is lost. But there are three inconvenient truths... First, one of the principal... Read More

Where the Left Is Moving Right

In Europe, reforms are in vogue. Though many special interests are fiercely resisting change, it is striking to see just how many European Social-Democrats have come to recognize the need for structural reforms to welfare states. Witness Gerhard Schroeder,... Read More

Betting the House?

Hope springs eternal on Wall Street. For despite short-lived periodic concerns about the US sub-prime mortgage lending fiasco, Wall Street analysts almost uniformly put a positive spin on the present unraveling of the US housing market. By so doing,... Read More

14,000 Reasons to Be (Mostly) Bullish

The Dow Jones Industrial Average's brief rise to 14,000 last week predictably engendered lots of commentary, including a Los Angeles Times op-ed by business writer Eric Weiner. Weiner's main thesis was that rather than a positive economic indicator, the... Read More

Debatable Assumptions

"there will exist other better, yet more utopian, proposals...when we reject those 'better proposals,' we end up arguing that they are excessively utopian. Why are these reforms too utopian while ours are not?" --Tyler Cowen In public policy debates,... Read More

Unintelligent Intelligence

This past week, the intelligence community released the latest declassified National Intelligence Report (NIE) on terrorist threats against the United States. Its release and the coverage concerning it show just how unremarkable and anodyne NIEs really are. NIEs ar Read More

Children of the Corn

The historical significance of corn in the Americas is comparable to that of rice in China or wheat in the Middle East. Corn is more than a staple, it is part of the region's DNA -- which explains the hysteria... Read More

Net Neutrality: Where's the Beef?

The Federal Communications Commission recently asked for evidence that broadband Internet companies currently engage in data discrimination that would justify regulation of the Internet. Thousands of filings flowed into the FCC, but when the flurry of paper shuffl Read More

We Can't Live With or Without Aid, So What Now?

Since this June's Technology, Entertainment, Design conference in Arusha, Tanzania, critiques of official development aid to Africa have re-emerged full-force in the development blogosphere. Consider the recent rash of attacks against Bono[i] and Jeffrey Sachs[ii] Read More

Winds of Reform Blowing Through France

Though no reforms have been passed into law by the French Parliament (yet), all signs in France are pointing towards a significant philosophical change at the top. Those yearning for economic reforms in France resemble Fox Mulder, the fictive FBI... Read More

Rep. Tim Walberg, Tax Killer

Editor's note: Rep. Tim Walberg (R-Mich.) is the architect of the Tax Increase Prevention Act. He talks to TCS editor Nick Schulz Schulz: We keep hearing that Americans might be in store for a big tax increase. What are these... Read More

Trapped In Camelot

What happens to a nation when a world-changing event occurs of such tremendous magnitude that half the population can't process who caused it? September 11? Try the November 1963 assassination of President John F. Kennedy. As James Piereson recently told... Read More

The Gospel of Freedom

"I am never sure how many people really yearn for liberty. I wish more of them did." --Tyler Cowen The Acton Institute has produced the most subversive movie I have ever seen. The Call of the Entrepreneur, which is being... Read More

Without Healthy People, There Is No Insurance

A recent newspaper headline bemoaned the fact that "Insurance rewards healthy workers." A similarly tautological headline might be that, "Employers reward productive workers." What's surprising isn't that healthy employees would be rewarded with cheaper insurance p Read More

The Calcium Cartel

As Congress considers a major farm bill, it has an opportunity to cut wasteful subsidy programs and cut food prices for average families. Dairy programs would be a great place to start, since milk prices have soared in recent months.... Read More

How to Let China Know We're Serious

           The burgeoning U.S. trade deficit with China has attracted bipartisan alarm on Capitol Hill this summer. Unsatisfied with the Treasury's more patient attempts at dialogue with the Chinese, pressure has mounted to t Read More

Doctor Know?

Stanford, California- The Washington political game has two modes: claiming undeserved credit, and shifting blame for your own shortcomings to others. The latest egregious example of the latter occurred this week [July 10] when former U.S. Surgeon General Richard H Read More

Let the Free Market Allocate Spectrum

The Federal Communications Commission is poised to include onerous regulation of wireless phone service in its rules for an upcoming spectrum auction. Auctions are a very efficient way of allocating scarce public resources like spectrum. Auctions dedicate a resourc Read More

White House LOST at Sea

We are set to take a policymaking trip down memory lane with the Bush Administration urging accession to the Convention on the Law of the Sea in a recent statement made by the President on the issue. The Treaty was... Read More

Kidney Central Planning

I've been on hemodialysis for fourteen months now, seeking a kidney transplant. I'm on the official UNOS waiting list for a cadaveric organ (anticipated wait time: three to five years). I've had close relatives and friends (three so far) volunteer... Read More

God Save the Queen... From the Beeb

The clattering sound that was heard all round Britain at breakfast time last Wednesday was the sound of British jaws hitting breakfast tables, dressing tables and steering wheels as a commercial for a BBC program urged viewers to watch a... Read More

Myths and Realities of the George Bush Presidency

"conservatives are unhappy because the president allied himself with Sen. Edward M. Kennedy (D-Mass.) over an immigration deal that leaned too far toward amnesty for illegal immigrants. They're unhappy because Bush has shown little interest in fiscal responsibility Read More

The Threat From Sino-America

In June, Costa Rica ended nearly sixty years of diplomatic relations with Taiwan in order to establish diplomatic relations with China. Not only a victory in Beijing's efforts to smother Taiwan's independence, the Costa Rican switch is further evidence of... Read More

The Importance of Hong Kong's Resilience

None of the predictions that were made 10 years ago regarding Britain's handover of Hong Kong to China turned out to be right.China did not wreck the system that has made Hong Kong the 10th leading economy in the world,... Read More

Who Is Responsible for the Mess in Mesopotamia?

Thomas Donnelly has pointed out one of many dissonant elements in mainstream media (MSM) coverage of the Iraq war. On Sunday, July 8, The New York Times editorial page stridently called for the U.S. to "leave Iraq, without any... Read More

The World Has Changed, Why Won't the Fund and the Bank?

In recent years, both the IMF and the World Bank have become remarkably free in urging their member countries to improve their governance and to downsize their bloated public sectors. Yet both Bretton Woods institutions have consistently opposed any serious... Read More

'As a Monotheist and a Follower of Prophethood, I Admire Those Followers of Judaism'

Editor's note: TCS Contributor Stefania Lapenna recently spoke with Sheikh Abdul Hadi Palazzi, director of the Cultural Institute of the Italian Islamic Community and Secretary General of the Italian Muslim Assembly. He is also co-founder and co-chairman of the... Read More

Why We Fear 'Fanatic': The Lesson of the Red Mosque

After a week-long attempt to reach a compromise, Pakistani troops attacked the Red Mosque in Islamabad, where the radical cleric Abdul Rashid Ghazi and his followers had barricaded themselves in, armed with machine guns, rocket launchers, and gasoline bombs.... Read More

Still Spooked

The CIA recently declassified almost 700 pages of documents related to illegal activities undertaken by that agency in the 1960s and '70s -- the so-called "family jewels." Many skeptical Latin Americans were hoping that this exercise in transparency would help... Read More

How Al Qaeda is Winning Even as it is Losing

In Iraq, the administration has empowered a general and officer corps capable of winning the war on the ground. Now it must develop the media corps that can win the war on the airwaves. June 2007 saw a dramatic... Read More

Political Liquor's Economic Hangover Just Beginning

From pre-school to planning funerals, green is in. Very in. But green policies and decisions need to be based on more than a vague desire to save the planet. The principles of the natural sciences and economics must play... Read More

Supreme Court Justices Save Children from Educationists—Finally

When I went to see my childhood home in Rochester, New York, last Thanksgiving, I knew that the house would be smaller than I remembered. It is, indeed, tiny. As I drove the route I walked every day from... Read More

Supreme Court Justices Save Children from Educationists—Finally

When I went to see my childhood home in Rochester, New York, last Thanksgiving, I knew that the house would be smaller than I remembered. It is, indeed, tiny. As I drove the route I walked every day from... Read More

The New Myths About Inequality

The Left is gearing up for 2008 with major proposals for government intervention to "fix" the distribution of income. For example, the Center for American Progress, a liberal think tank, recently proposed raising the minimum wage, giving unions more... Read More

'Those Who Cure You Will Kill You'

Last week, Britain was on highest terror alert - Severe - after a Mercedes packed with gasoline and thousands of nails was found parked outside London's large Tiger Tiger nightclub late on a crowded Friday night. A suspicious person... Read More

Will America Stand By While Chaos Swirls?

It now seems inevitable that the United States will soon begin withdrawing its military forces from Iraq. Leading Republican members of Congress have lost patience with the Bush administration's strategy there. In September, General David Petraeus, the U.S. comman Read More

Boeing, Airbus: Prepare for Turbulence

On the apposite date of July 8, Boeing will unveil the first assembled 787, its long-expected widebody jet. But with so much attention on the Boeing's heated competition with Airbus, new developments in aerospace are slipping by unnoticed—especially in... Read More

The Mismeasure of Managing Health Care

A touch odd, perhaps, to use the words of a man dead these 127 years to describe Michael Moore's new movie "Sicko". However, the temptation to use Disraeli's "Lies, damned lies and statistics" is simply unbearable so there it... Read More

The Still Emerging Blairite Legacy

With a new Prime Minister and a newly credible opposition it can seem hopeless to make predictions about the direction of British politics. Too many different changes are taking place at once. However, such an effort is not entirely... Read More

Hugo's Match

Following the government's decision not to renew its broadcast license for the alleged violation of ethical standards, Venezuela's oldest TV network went off the air on Sunday. Consequently, Radio Caracas Television (RCTV), the pugnacious media outlet that was too Read More

Should You Trust the Government?

"The principal characteristic...is the ability of individuals in high-trust cultures to form, freely and easily, associations and enterprises among individuals not connected by close kinship ties...High-trust cultures are able to support rich civil societies—ones i Read More

Where History Comes to Life

BALTIMORE—It's a lovely early summer day in the Chesapeake Bay, and everyone with a boat knows it's time to grab the bathing suits and some crabs and head for the water. The Bay is jammed with sailboats, speedboats, and... Read More

The Fed's Housing Bet

As sub-prime lending problems at Bear Sterns, the venerable Wall Street investment bank, now come to light, one has to be struck by the positive spin that market analysts continue to put on the looming problems in the US... Read More

Dictatorships and Growth Standards

A group of European readers of this column recently wrote to me, arguing that from an economic point of view, dictatorships have been outperforming democracies for many years and that if the trend continues, there will be very little incentive... Read More

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