Apartheid is ending in South Africa. The economic barriers and social restrictions that have stood in the way of greater black-African participation in South African society are being dismantled. The release of Nelson Mandela earlier this year symbolized this ...
At the end of January, President Bush delivered his State of the Union address before the Congress. Two leading themes ran through his speech: the demise of communism and the bright future for America in the post-communist world.
The President ...
In December and January, the television screens across America flickered with pictures of United States' soldiers patrolling the streets of Panama City. Throngs of cheering Panamanians were shown waving the Stars and Stripes and singing the ...
Does America have a drug problem? Yes. Is the drug problem undermining a part of the country's social and economic fabric? Yes. Are there steps that can be taken to help overcome America's drug problem? Yes. ...
Free Persons and the Common Good
by Michael Novak (Lanham Maryland: Madison Books, 1989); 233 pp.; $17.95.
One of the most profoundly enduring, yet frustratingly illusive concepts, has been that of the "common good." Under its banner, noble ideals have been ...
Monetary expansion and the price inflation that it brings in its wake always eat away at the social and economic fabric of a society. The value of money constantly diminishes. The ability of people to plan their financial future ...
Money is the most important commodity in an economic system Indeed, money "makes the world go 'round." This is because money is the general medium of exchange. We sell our products and services ...
Discovery, Capitalism, and Distributive Justice
by Israel M. Kirzner (New York: Basil Blackwell, 1989); 179 pages; $29.95.
From the time of the ancient Greeks to that of Karl Marx the earning of a "profit" in ...
In the early decades of the 20th century, the political ideal on every one's lips was socialism, and the economic vision before every one's eyes was that of the planned economy. The capitalist ...
The New Realities: In Government and Politics/In Economics and Business/In Society and World View
by Peter F. Drucker (New York.- Harper & Row, Publishers, 1989); 276 pp.; $19.95.
Crystal balls are an extremely ...
