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Welcome to The Undercurrent

Blank-and-Effect: The Economics of Pragmatism

In the latest of a series of new government interventions into the economy, President Bush announced a new plan to…

A Stroke of Good Luck

Free countries, when faced with the incapacitation or even death of a leader, do not fold like a house of…

The Environmentalist Attack on Outdoorsmanship

This past summer, The Economist published an article ("Out of the Wilderness") pointing to a decade long trend of declining…

Protesting Prices

  In July, rioters laid siege to several Pakistani stock exchanges to protest declining prices in the stock market. At…

The Bankruptcy of the Mixed Economy

Today's economy faces a long list of problems. We hear daily about high gas prices and inflation, of a battered…

Evaluating the War Effort

  Part 1: Enemy Imagine that tomorrow the government confirmed with certainty the deaths of Bin Laden, his generals, and…

The Value of Atlas Shrugged

Originally published in 1957, Atlas Shrugged, one of the most controversial novels in American fiction, recently celebrated its 50th anniversary.…