“I, Pencil: The Movie”

How does a pencil represent what Adam Smith called “the invisible hand” of the free market? A new film by the Competitive Enterprise Institute has adapted Leonard Read’s famous essay, “I, Pencil: My Family Tree As Told to Leonard E. Read,” to answer this very question. Originally published in 1958 in an issue of The […]

Full Story

After the Hurricane, a Supply Crisis from Price Controls

In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from raising their prices more than 10 percent “within 30 days of a declared state of emergency.” Despite the intentions of New Jersey legislators, laws intended to prevent so-called “price gouging” […]

Full Story

DOE Issues Nearly $1 Million to Ailing A123 on Day of Bankruptcy Filing

The Department of Energy’s clean energy grant-making program delivered a reimbursement to ailing battery maker A123 approaching $1 million on the same day the company filed for bankruptcy, according to Reuters: The company, which makes lithium ion batteries for electric cars, filed for Chapter 11 bankruptcy protection last month after a rescue deal with Chinese […]

Full Story

Post-Election, Refocusing on National Security

According to research by Politico, interest in the impending automatic defense cuts took a dive leading up to the election. But as the post-election polling and punditry subside, American citizens are returning their focus to pressing matters such as the so-called fiscal cliff and sequestration. Yet on Capitol Hill—where these potential defense cuts are a […]

Full Story

Congress Seeks Answers on Benghazi

The laundry room at the U.S. consulate in Benghazi, Libya. (Photo: MCT/Newscom) On Thursday, members of the House Foreign Affairs Committee and the House and Senate Intelligence Committees should bring us closer to an understanding of what went so disastrously wrong at the U.S. consulate in Benghazi during the terrorist attack on September 11 that […]

Full Story

Krauthammer: White House Held Affair Over Petraeus’ Head (VIDEO)

Did the White House use their knowledge of former CIA director David Petraeus’ affair to get favorable testimony from him regarding the deadly terror attack on our Libyan consulate? According to syndicated columnist Charles Krauthammer, Petraeus told the House Intelligence Committee on September 14, three days after the attack, that it was “a spontaneous protest […]

Full Story

Finally, BBC Admits to “Shoddy Journalism”

November 11, 2012 13:28 by Simon Plosker The following opinion piece by HR Managing Editor Simon Plosker is republished from the Times of Israel. Just imagine the scenario: A flagship BBC news program investigates an alleged Israeli “war crime” and levels the accusation based solely on the uncorroborated evidence of unnamed Palestinian “eyewitnesses”. A week […]

Full Story
Morsi speaks during his first televised address to the nation

Morsi Recalls Ambassador to Israel: Condemns Israel, Offers No Support, Advice on Defending Rocket Attacks

Egyptian President Mohammed Morsi has recalled the Egyptian ambassador to Israel, Atef Mohamed Salem, Egyptian state TV reported on Wednesday evening. In a televised statement, presidential spokesperson Yasser Ali said that Morsi has also summoned the Israeli ambassador in Cairo to convey Egypt’s rejection of the Israeli airstrikes in Gaza. “The president has ordered the […]

Full Story
Egyptian Pyramids

Egyptian Salafi Urges Razing Of Sphinx, Pyramids

By JOANNA PARASZCZUK | 11/13/2012 02:34 Jihadist leader with Taliban links says “idolatrous” statues must be destroyed; connected with destruction of Afghan Buddha statues. Egyptian security authorities are taking seriously threats by a radical Salafist jihadist leader to demolish the Great Sphinx and the pyramids of Giza, the Egyptian press reported on Monday. Murgan Salem […]

Full Story