Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Sharon Harris: Free Market or… Freed Market?

Unschackle our regulated economy.   Here’s a neat little phrase that can be very handy when talking about economics: “freed market.” No, not “free market.” Freed market. Here’s why. As we’ve discussed in the past, “capitalism” is often not a very useful word for libertarians to use to describe the economic system we advocate. Sheldon      ... MORE

Walter E Williams: Campus Lunacy

Inmates running the asylum.  The American Council of Trustees and Alumni publishes occasional reports on what college students know. Nearly 10 percent of the college graduates surveyed thought Judith Sheindlin, TV's "Judge Judy," is a member of the U.S. Supreme Court. Less than 20 percent of the college graduates knew the effect of the Emancipation   ... MORE

A Powerful Defense Of Market Capitalism

by James Pethokoukis.   Economist Deirdre McCloskey recently spoke in London, and this brief summary nicely captures her talk and her work on the power of economic freedom. Next year will see the arrival of her latest book, “Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World,” the completion of a trilogy on the wonder-working   ... MORE

Dozens Of Studies Libertarians Should Know About

The proof for economic freedom.         Over the years I have been running ‘Being Classically Liberal,’ I have done a bit of research and come across a number of empirical research papers which I find very interesting and relevant to many current socioeconomic debates. I figured I’d share them here, so that other people can use them as resources.  ... MORE

New York Yankees Don't Understand The Free Market

by Anthony L. Fisher.     The New York Yankees are known for being Major League Baseball's financial juggernaut, taking in monstrous amounts of revenue while putting out rosters with payrolls that frequently push the $200 million mark. Historically, they have unapologetically embraced capitalism, usually to the benefit of their fanbase. That is, until  ... MORE

VIDEO: What Is Crony Capitalism?

The Keynesians Are Failing, Bring Back the Free Market

by Ed Moy.    In early 1938 John Maynard Keynes, whose influential The General Theory of Employment, Interest and Money, was published 80 years ago this month, penned a lengthy personal letter to President Franklin D. Roosevelt. In it the British economist shared his recommendations for the U.S. economy, which had slipped into  ... MORE

Bad News: Millennials Prefer Socialism Over Capitalism

by Katie Pavlich.    America's largest generation. When socialist Bernie Sanders beat Democrat Hillary Clinton in a landslide Tuesday in New Hampshire, he crushed her among young voters by a whopping 83 percent. Sander's message of "income inequality" (Hillary has one too, but her Wall Street ties and personal wealth make it transparent)  ... MORE

John Tamny: Why All Americans Should Support TPP

Rich countries open their borders to trade.        Quick question: could you manufacture all by yourself the computer on which you’re reading this opinion piece? Could you source and create the thousands of inputs that go into what on its face is fairly simple? If so, you’re in possession of superhuman mechanical skills. At the same time,    ... MORE

Youths' Attraction To Sanders Shows Education Failure

by David Deming.  An OU professor's observation. It's disheartening that an avowed socialist is a viable candidate for president of the United States. Socialism is a dead end. For hundreds of years, it has failed everywhere it's been adopted. The enthusiasm of our youth for the candidacy of Bernie Sanders is a symptom of our failure to      ... MORE

The Decline Of America's Economic Freedom Under Obama

by Anthony B. Kim.  Millions of people around the world are emerging from poverty thanks to rising economic freedom. But by sharp contrast, America’s economic freedom has been on a declining path over the past decade. According to the 2016 Index of Economic Freedom, an annual publication by The Heritage Foundation, America’s economic    ... MORE

VIDEO: Thomas Sowell - Culture & Wealth Development

Adam B. Summers: Killing The Golden Goose Of Capitalism

Be careful what you wish for.   The financial world, and quite a few employees, were taken aback recently when Wal-Mart announced that it will be closing 269 of its 11,600 stores, including 154 in the U.S., although it still plans to open 300 stores worldwide in the coming year. Oakland officials “expressed shock” at Wal-Mart’s decision, according    ... MORE

Capitalism: The Worst System -- Except For All The Rest

by Noel S. Williams.         The only capital democrat presidential candidates respect is political capital wrought from pandering. Newsflash: capitalism is still the best system for organizing economic life in a free society. Liberals talk about the anger of the right, but Clinton, the very embodiment of ugliness and anger, could barely bring herself    ... MORE

Capitalism Loves The Earth But The Greens Hate Capitalism

by Stephen Hicks.    Some parts of the world really are environmental Hells. They are dirty and depleted, making them unhealthy and economically unsustainable. We can argue about the severity of the problems in various places, but I want to focus on another aspect of the debate: determining accurately the causes of the degradation    ... MORE

Benevolence Of Capitalism Vs Paternalism Of Welfare State

by Richard M. Ebeling.       We live in an era in which few can even conceive of a world without the welfare state. Who would care for the old? How would people provide for their medical needs? What would happen to the disadvantaged and needy that fell upon hard times? In fact, there were free market solutions and non-government answers to these     ... MORE