Winter 2009–2010Vol. 4, No. 4

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Articles

Pharmacide: The Pharmaceutical Industry’s Self-Destructive Effort to Loot America

Provides an illuminating view of the pharmaceutical industry, showing that industry executives have advocated and continue to advocate rights-violating legislation through which the companies gain revenue taken coercively by the government from American taxpayers—and further showing that the pharmaceutical industry’s advocacy of such legislation is killing . . . the industry itself.

Antitrust with a Vengeance: The Obama Administration’s Anti-Business Cudgel

Zeros in on the arbitrary, rights-violating nature of antitrust law; surveys the Obama administration’s efforts to bolster antitrust enforcement; considers the unprincipled arguments put forth by today’s most vocal opponents of antitrust; and calls for Americans to take a principled, rights-based stand—not only against the administration’s reinvigorated antitrust assault, but against antitrust law as such.

What the “Affordable Health Care for America Act,” HR 3962, Actually Says (accessible for free)

Asks ten crucial questions regarding the proposed law; examines what the proposed legislation actually says with respect to these questions; and evaluates the bill accordingly, showing that, if passed, it would massively expand government power over the health-care industry, virtually eliminate the remnants of freedom left in this market, and thus increase the U.S. government’s violations of individual rights by orders of magnitude.

The California Coastal Commission: A Case Study in Governmental Assault on Property Rights (accessible for free)

Surveys the history and nature of the Coastal Commission; examines three recent cases showing how the Commission violates property rights; points to similar agencies that are violating rights in similar ways in other states; and indicates what Americans must do if they want to put an end to this assault on their property rights.

The Barbary Wars and Their Lesson for Combating Piracy Today

Examines the key events surrounding the Barbary Wars (two wars the United States fought in the early 19th century to end North African piracy), zeros in on the reasons why the First Barbary War failed to end the pirate attacks but the second succeeded, and draws from this remarkable and clarifying history a vital lesson for the United States today.

Objective Moral Values

Zeros in on the nature of objective, life-serving values; demonstrates that man’s most fundamental value is his faculty of reason; and shows that both physical survival and spiritual health require keeping one’s thinking tied to reality (via reason) so that one’s ideas, values, actions, and emotions correspond to reality, too.

Book Reviews

Goddess of the Market: Ayn Rand and the American Right,
by Jennifer Burns (accessible for free)

Heaven and Earth: Global Warming, the Missing Science, by Ian Plimer

Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud, and Deception to Keep You Misinformed, by Christopher C. Horner

Islamic Imperialism: A History, by Efraim Karsh

The Israel Test, by George Gilder

Correspondence

We value your thoughts on articles in The Objective Standard, and we welcome your letters to the editor—whether critical, argumentative, or complimentary. Well-written letters will be published in our "Letters and Replies" section toward the front of the journal and, when appropriate, may be accompanied by writers’ responses. Letters may be edited.