Opinion

Philanthropy vs Charity: America’s “Third Sector”

International House is an example of American philanthropy at its best. It provides an important service that the free market cannot provide as inexpensively and that government cannot or will not. And it provides that service competently and imaginatively for over 700 scholars from 100 countries who could not find it elsewhere. Many Americans feel

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Capitalism Today: Triumphs & Challenges
By Daniel Rose

| By Daniel Rose | Maurice Chevalier, the celebrated French entertainer, was asked on his 75th birthday his thoughts on reaching that advanced age. He replied, “I think it’s great, considering the alternative.”  Capitalism, too—the most productive economic system known—is preferable to the alternatives.  And unlike death, its excesses can be mitigated. Ever since Adam

Capitalism Today: Triumphs & Challenges
By Daniel Rose
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AFRICA’S RAPID ECONOMIC GROWTH AND THE CHALLENGES THAT LIE AHEAD

An Op-Ed by Milosh Marinovich On a recent family vacation, I spent a night discussing the rapid economic growth of sub-Saharan Africa with my wife’s uncle. A lawyer by trade, my Kenyan-born uncle-in-law said he’d seen a shift in the investment landscape of not only his home country, but of Africa as a whole. In

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