I was very disturbed to watch the news about the recent tragedy in Norway, and I send my heartfelt wishes to the Norwegian people in this terrible time. Unfortunately, there will always be individuals who have the relentless goal of destroying the freedoms that we enjoy and share with Norway and with other democracies around [...]

Last week I had lunch with a group of about 50 people at the Estancia in La Jolla. The speakers were all from J.P. Morgan, and they seemed to be fairly bullish on the equity part of the economy. They particularly like the technology sectors of the economy and feel that fixed assets will do [...]

I am concerned that the Russians now have a monopoly on manned space activities with the end of NASA’s space shuttle program. The Russians have not been shy to take commercial advantage of this turn of events. They will charge U.S. astronauts $43.4 million for a seat on a Soyuz crew capsule for the remainder [...]

As you may know, my daughter Mary Ann runs the Foundation for Enterprise Development. This week they had their annual Beyster Fellowship Symposium here in La Jolla. This year the theme of the symposium was Open Systems: Transforming Diverse Ownership Theories to Practice, and about 60 people attended.
Many of the attendees were fellows in the [...]