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Online usersPollWhat should the government do about ailing financial institutions? Nothing, except to back off and get out—as any Objectivist knows, intervention is treating the disease with the disease 84% Intervene judiciously—enough to avert a catastrophe that is otherwise imminent 3% Intervene massively—as it's doing 3% Nationalize the whole economy and be done with it. Bring on the USSA! 1% Something else (specify) 9% Total votes: 76
 Basic Economics by Thomas Sowell
 Economics In One Lesson by Henry Hazlitt
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Debunking the precautionary principle. Submitted by Marcus on Sat, 2007-07-28 22:10.
In an article in the Times, Jamie Whyte debunks the popular "precautionary principle" used to justify politician's meddling leglislation on everthing from the Environment to Health and Safety. "Worrying was considered foolish when I was growing up in New Zealand. Let your fretting show and you received the classic Kiwi response: “She’ll be right, mate.” When in doubt, just press on and set your mind at ease. Times have changed. You never hear “she’ll be right” these days, except said ironically." From The Times Only a reckless mind could believe in safety first.
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User loginFeatured BookNavigationSyndicate  The Fountainhead by Ayn Rand
 Atlas Shrugged by Ayn Rand
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A slap in the face for NZers.
A nasty comment about this article by some Brit is a slap in the face for all NZers. But quite funny too
"You know, I've been puzzling for years about Jamie Whyte and about how anyone so obviously intellectually ill-equipped should have thought himself to be a 'philosopher'. All is revealed. In New Zealand the term is used for anyone whose lips don't move when they're reading."
eric campbell, harrogate, uk