John A. Parnell, Ph.D.
Who is John Galt? If you’ve read Atlas Shrugged you’re familiar with the quip, and you know that Galt was known for his willingness to stand up to the collectivists. I’ve been looking for John Galt lately, but I’m having a difficult time finding him. John Galt can be found on talk radio with the […]
Read MoreNo healthcare system is perfect, but ours is already the best in the world. Here are 4 questions we should ask anyone who seeks to change it: 1. Does the proposal require that EVERYONE getting coverage pay a significant portion of the bill? Healthcare is expensive and the truly poor might need some help, but […]
Read MoreI proposed my own brand of healthcare reform 3 months ago. Congress is now set to tinker with the private system, so it’s time to revisit the issue. The quality of healthcare in the U.S. is unsurpassed, and EMTALA (passed in 1986) guarantees emergency care to everyone regardless of ability to pay. So what’s […]
Read MoreChrysler and GM will rise again. I don’t make many predictions, but I’m comfortable with this one. But can this public-private partnership model really work? Is it possible for the U.S. government to run–more or less–a large manufacturer at a profit? The answer is yes, but you can pay dearly for their profits. Consider that […]
Read MoreOnce upon a time successful chief executives generated returns for shareholders by producing better products at lower costs. Along the way they created wealth, jobs, satisfied consumers, and even government tax revenues. This is how capitalism works—it’s a winning proposition for everyone involved. But times are changing. Today, some successful CEOs are more like […]
Read MoreI had the opportunity to address the GOP’s annual meeting for North Carolina’s seventh district last weekend. I must admit that I have been a little down on the GOP for some time. Some Republicans have been staunch defenders of liberty, but many others have been lukewarm at best, seemingly lacking a philosophical compass. I […]
Read MoreI got a couple of emails last week asking about the Austrian School of Economics, so I thought I’d address them on the blog. Many of my comments are based on this line of thinking. I apologize in advance for oversimplifying some of their arguments in this post, but my aim is to cover the basics […]
Read MoreChina has become understandably nervous over the past few weeks. Obama’s massive spending will contribute to inflation, thereby reducing the value of the more than one trillion U.S. dollars China holds in its reserves. On Tuesday (March 24), China and Russia proposed greater use of Special Drawing Rights, a unit of account comprised of a […]
Read MoreI always get two questions whenever I offer a strong defense of capitalism: How can you claim to be both a staunch defender of capitalism and a Christian? And how can you cite Ayn Rand’s work so frequently when she was such a devout atheist? These are fair questions. I have good answers. I […]
Read MoreCAP AND TRADE refers to an economic system seeks to CAP the emission of greenhouse gases by requiring that those who emit them have government permits. The system starts by granting permits on the basis of historical levels of production and/or auctioning them off to the highest bidders. Those who hold the permits are free […]
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