The New Individualist, March 2005

Editor's Desk

In This Issue

Ideas and Issues

NASD Punishes Quattrone for Asserting His Rights by Roger Donway

Kenneth G. Hausman, a lawyer for former investment banker Frank Quattrone, describes the outrageous behavior of the National Association of Securities Dealers in permanently banning Quattrone from the industry-and the basis of his appeal to the Securities and Exchange Commission.

Social Security, Autonomy, and Independence by Edward Hudgins

The debate over reforming Social Security reflects a deeper battle for the soul of the Republic. It pits those who would take the first steps in restoring the morality needed to sustain a free society against those who have undermined that ethos.

Feature Articles

The Hidden Danger of Social Security Privatization-and How to Avoid It by Frank Bubb

Most current proposals for reforming Social Security provide that investment choices would be limited to diversified funds that invest in a broad range of stocks, bonds, or both. Could such personal retirement accounts become a vehicle for imposing more government control over business?

The History, Economics, and Philosophy of Social Security by David Kelley

The problem with Social Security is the blithe indifference to economic reality, on the assumption that "we're all in this together." And the problem with that appeal to solidarity as a moral premise is that it encourages such indifference.

Perspectives

You Can't Handle the Truth! by Frederick Cookinham

Objectivists have defended honesty on the basis of self-interest. Films provide an excellent context for testing this original concept of honesty, because they engage us emotionally and prompt us to take ideas more seriously.

Soundings

Soundings

Logbook and Sightings