Asia

War on Cash Spreads to India

War on Cash Spreads to India

The war on cash is a sign that central banks may see a dangerously deteriorating situation, one that has led to a feeling of desperation by governments and a wish to control the wealth of citizens.

Rule of Law Trumps Majority Rule in Singapore: The Legacy of Lee Kuan Yew (1923-2015)

Rule of Law Trumps Majority Rule in Singapore: The Legacy of Lee Kuan Yew (1923-2015)

At a time when other Third World countries were setting up government-controlled economies and blaming their poverty on “exploitation” by more advanced industrial nations, Lee Kuan Yew promoted a market economy, welcomed foreign investments, and made Singapore’s children learn English, to maximize the benefits from Singapore’s position as a major port for international commerce.

Reflections on the Disaster in Japan

Someone wrote and asked me the following: ”I've been thinking about the following. Is it acceptable to sacrifice one man to save 100,000 or any large arbitrary number? I know this question has shown up in many stories and films and I am sure philosophy classes....

Debunking a Reported Defiance of Economic Law in South Korea

Debunking a Reported Defiance of Economic Law in South Korea

It’s sign of the corruption of our culture that today, businessmen feel the need to hide behind the mantle of corrupt ideology and pretend that what springs from their fundamentally life-giving self-interest comes instead from the government, the agency that can give only destruction and death.

Not Strictly Business: China’s Bid to Buy Unocal

It's a heck of an offer. In an 11th hour bid to buy Unocal, China's state-run CNOOC Ltd. offered $19.6 billion, cash, for America's ninth largest oil company. That's a lot of yuan in anybody's book. For CNOOC, it's downright staggering. If accepted, the deal would put...

China Threatens U.S. Alliances

While the Bush administration continues to push and celebrate significant successes for democracy in the Middle East, China is on an opposing mission in Asia, where it continues to block the spread of freedom. The most recent target of Chinese diplomatic pressure is...

John Kerry in Vietnam: A Charlatan?

John Kerry in Vietnam: A Charlatan?

Men who have been in combat together often form a bond that lasts long after the war is over. It is hard to think of a single example of men who faced enemy fire side by side and who later publicly denounced each other. The glaring exceptions are the men who served...

Veterans vs. Kerry on Vietnam: Part 3

Veterans vs. Kerry on Vietnam: Part 3

A President of the United States should know all sides of an issue. But he cannot be on all sides of an issue. He cannot keep flip-flopping like John Kerry. Despite attempts to depict criticisms of John Kerry by the Vietnam Veterans for Truth as something whose sudden...

Veterans vs. Kerry on Vietnam: Part 2 of 3

Veterans vs. Kerry on Vietnam: Part 2 of 3

In addition to two key books about John Kerry -- Douglas Brinkley's pro-Kerry book "Tour of Duty" and John O'Neill's anti-Kerry book "Unfit for Command" -- there is another book that would be well worth reading -- if you can find a copy. It is John Kerry's own book,...

Veterans vs. Kerry on Vietnam: Part 1 of 3

Veterans vs. Kerry on Vietnam: Part 1 of 3

Senator John Kerry's running mate, Senator John Edwards, has said melodramatically: "Ask the men who served with him in Vietnam!" But now that men who served with Kerry in Vietnam are coming forward and contradicting Kerry's version of what happened there, Senator...

Two Versions of Vietnam

Two Versions of Vietnam

It is a painful reflection on the political atmosphere today that, in an era when nuclear devastation may strike American soil within our lifetime, courtesy of terrorists supplied with nuclear weapons by North Korea or Iran, we are arguing about what did or didn't...

Trade Deficits with China: An Economic Analysis

The rapidly rising U.S. trade deficit with China is quickly becoming a political issue. Many members of Congress are warning that China needs to take action, such as raising its exchange rate, to deal with this problem before it leads to protectionist legislation. A...

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