Today, Americans were told that they must close their Intrade.com accounts. That happened because the federal government agency known as the "Commodity Futures Trading Commission" (CFTC) today sued the prediction market, where people from all over the world bet about things like who will win elections.

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I recently reported about an exciting new project in Honduras, which would carve out a small part of the country and allow a private developer to build a city there -- one with a free market government and strong private property rights. (Video here.)

Unfortunately, the Honduran Supreme Court struck down that law this week... continue reading »

Cubans gear up for change. According to this week's New York Times, buying and selling homes in Cuba will be legal by the end of the year. It's about time.

In 1959, the Cuban government banned private property sales. The economy remained stagnant for five decades... continue reading »

In a column today, titled, "Is Egypt Hopeless?", Dan Henninger suggests another measure of nations’ competitiveness: the percentage of the population employed by the state.

Egypt isn't just a sad story of political oppression. Egypt is an object lesson for other nations, including ours, struggling to produce enough jobs for young workers. ... continue reading »

While pundits bicker about Obama’s response to Egypt, economist Hernando De Soto identifies one source of Egypt’s problems: weak property rights and absurd regulations.  Bad law has forced most of Egypt’s private-sector workers into the black market.  That keeps them in poverty... continue reading »

Political correctness is not just an American absurdity. In Canada last August, police arrested several suspected terrorists who had circuit boards that could be used to remotely detonate bombs. They have since been charged and are awaiting trial... continue reading »

Ezra Levant (as I reported in my Fox Special, “What’s Great About America”) was prosecuted for hate speech by the Canadian government for 900 days because he published the Danish Mohammad cartoons that sparked riots around the world... continue reading »

Tonight on The Factor, Bill O’Reilly wants to know what I think should be done to punish alleged secrets leaker, Bradley Manning, and Wikileaks founder, Julian Assange. Manning is now a military private now in custody, accused of leaking classified military documents to Assange. Assange, an Australian national, gave some of the documents to media outlets around the world. ... continue reading »

Today’s NY Times reports on stupid Greek business rules:

To break into the business, an aspiring pharmacist generally has to buy a license from a retiring one. That often costs upward of $400,000. “It is an absurd system.”... continue reading »

It seems as if Obama and his administration are intent on passing every tax increase possible before their time is up. That’s why the newest proposed tax on American companies that have plants overseas shouldn’t come as a surprise... continue reading »