Much ink has been spilled over the merits of Citizens United v. FEC - the Supreme Court's recent opinion extending First Amendment protections to corporate (and labor union) political speech. Some herald the decision as a victory for liberty - others see the decision as a setback for democracy. Few,...

"Character is destiny," remarked the Greek philosopher Heraclitus in the 6th Century B.C. This observation applies as much to nations as it does to individuals. And our current economic woes are, in large part, the repercussions of a national crisis of character.

Free markets, in order to function well,...