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

Capitalism And Morality: Walter Williams Vs. Pope Francis

by Daniel J. Mitchell.  The Pope is divinely ignorant on economics. The biggest mistake of well-meaning leftists is that they place too much value on good intentions and don’t seem to care nearly as much about good results. Pope Francis is an example of this unfortunate tendency. His concern for the poor presumably is genuine, but he puts ideology ... MORE

Thomas Sowell: The Left Has Its Pope

The Pope is unwittingly calling for more poverty.  Pope Francis has created political controversy, both inside and outside the Catholic Church, by blaming capitalism for many of the problems of the poor. We can no doubt expect more of the same during his visit to the United States. Pope Francis is part of a larger trend of the rise of the political  ... MORE

John Stossel: Cutting Red Tape

Regulation strangulation. I'm upset that the presidential candidates, all of them, rarely mention a huge problem: the quiet cancer that kills opportunity — regulation. The accumulated burden of it is the reason that America is stuck in the slowest economic recovery since the Depression. I understand why candidates don't talk about it: Regulation is    ... MORE

How Capitalism Enriches The Working Class

by Thomas DiLorenzo.       In the early days of capitalism there was a mass exodus from farm to factory.   No one forced the masses to work in factories; they did so because factory work  was better and more profitable than the alternative – sixteen hours a day of backbreaking farm labor for less money.  Or begging, prostitution, crime, and    ... MORE

Robert P. Murphy: Capitalists Have A Better Plan

Listening to the feedback of profit and loss.      To early 20th-century intellectuals, capitalism looked like anarchy. Why, they wondered, would we trust deliberative, conscious guidance when building a house but not when building an economy? It was fashionable among these socialist intellectuals to espouse “planning” as a much more    ... MORE

Founded In Liberty, America Is Now Mired In Tyranny

by Richard Larsen.   “The foundation of our Empire was not laid in the gloomy age of Ignorance and Superstition, but at an Epoch when the rights of mankind were better understood and more clearly defined, than at any former period…The United States came into existence as a Nation, and if their Citizens should not be completely free and happy, the fault ... MORE

Stephen Moore: Five Myths About Capital Gains Taxes

Hillary's economic wrecking ball.    The late, great Jack Kemp, an architect of the Reagan tax cuts, used to say, "Without capital, capitalism is just another ism." Capital is the plants, the machinery, the computers and trucks that businesses invest in to become productive and efficient providers of goods and services. So it's strange that last       ... MORE

Michael J Hurd: Obama’s Phobia Of Ayn Rand

The philosophy of reason is not the president's ally.      In a speech at Georgetown University this past May, we learned two things about President Barack Obama. One, he loves the Catholic leader, Pope Francis. Two, he hates Ayn Rand. No, it’s not really a surprise. But the specifics of Obama’s comments — and the fact that progressives  ... MORE

The Pope Should Conceal His Economic Ignorance

by Pat Buchanan.       Leave the socialist rants to Bernie Sanders. Arriving in La Paz, Pope Francis was presented by Bolivian President Evo Morales with a wooden crucifix carved in the form of a hammer and sickle, the symbol of Lenin, Stalin, Mao and Fidel. Had Pope John Paul II been handed that crucifix, he might have cracked it over Evo's head.   ... MORE