“Still, the bank bill with its huge bailout does suggest that the $29 billion bailout of the bondholders of Bear Stearns in March was a mistake. It seemed to have a moral-hazard effect by encouraging Lehman Brothers and other investment … Continue reading
‘Empty Nest Syndrome.’ What a great name! Despite the cute avian overtones, numerous websites and support groups devote themselves to this traumatic condition that arises for parents when the kids finally leave home. Though I’ve talked to many moms and … Continue reading
Most of all, don’t believe your own B.S. Your mind might create illogical conclusions based upon illogical assumptions. It happens subconsciously. It’s outside of your awareness–but not outside of your control. That which you can identify and change is always, … Continue reading
Q: Dr. Hurd, isn’t the collapse of capitalism, as we know it, and the emergence of all-out socialism in the U.S., a failure of the free-market individualist moment? A: No. If unrestrained, unhampered capitalism and individual rights were ever given … Continue reading
I hear it every day: ‘A good marriage requires hard work and compromise.’ ‘The secret of our relationship is’ sacrifice.’ Blah, blah. Well, I have a different take on the subject. It’s not that I’m against compromise altogether. Life as … Continue reading
A journalist wrote me the following: “I always say both Democrats and Republicans want to transfer wealth. Democrats want to take from the rich and give to the poor. Republicans want to take from the poor and give to the … Continue reading
So let me get all this straight. Letting an industry go bankrupt will have catastrophic consequences for every single person in society. It will be the end of our economy. Bankrupting the government by forcing taxpayers to subsidize $700 … Continue reading
“Talent is cheaper than table salt. What separates the talented individual from the successful one is a lot of hard work.” — Stephen King
A woman who visited the beach this summer sent me an email in which she admits that she constantly feels jealous and threatened by her boyfriend’s popularity with other people, especially women. She goes on to say that it’s painful … Continue reading
“Thank you, Dr. Hurd — beautifully put !!! I hope someday — soon — that you will consider becoming a candidate that we like-minded lovers of liberty can support with enthusiasm.”
Q: Sometimes I’m jealous of those who have a steadfast passion for a concrete professional goal or at least a general career, and don’t get too obsessed with all the possibilities their choices have excluded. A: The presence of a … Continue reading
I don’t understand why the lesson of the recent financial meltdown is that “we must return to regulation.” The regulatory infrastructure we have today has been in place since the 1930s New Deal — and before. This infrastructure was supposed … Continue reading