Freedom of Contract: A Bedrock of Freedom

Freedom of contract used to be understood as a cornerstone of civilization and a crucial element in economic progress. The Constitution’s Framers included in Article 1, Section 10, a clause stating that Congress was forbidden to enact any law impairing the obligation of contracts. And in the Civil Rights Act of 1866, Congress included the freedom to enter into ... [click for more]

Integrity and Leadership

Some years ago the public relations officer of a large corporation summarized for me his guiding principle: “Find out what the people want and do more of it; find out what they don’t want and do less of it.” While seldom so succinctly stated, such an external, “other directed” guide to behavior is finding ever wider acceptance in American life. ... [click for more]