Archive for Stephen Lai
Protectionism: A Threat to Individual Freedom
Stephen Lai is a senior at Wichita Collegiate School, Wichita, Kansas. The rising protectionist sentiment threatens the consumer’s right to choose among competing goods and services. This basic right, along with such civil rights as freedom of speech and religion, must be defended or else the government becomes a threat to all individual liberties. Protectionism [...]
1Oct1986 | Stephen Lai | 0 comments | Continued-
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JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More




