Investor's Business Daily editorial. Climate Change: Researchers from developed nations who insist that humans are warming the planet have inadvertently given Third World nations a weapon to shake down capitalist nations. Or was that the plan all along? Third World nations haven't developed their economies because their governments ... MORE
Whole Foods CEO John Mackey explains. "Intellectuals have always disdained commerce," says Whole Foods Market co-founder John Mackey. They "have always sided with the aristocrats to maintain a society where the businesspeople were kept down." Having helped create the global grocery chain intellectuals arguably like best, ... MORE
by Doug Reich. [Back in 2012,] in a bizarre harangue delivered to the DNC delegates, ex-Michigan governor Jennifer Granholm hysterically chanted that hundreds of thousands of jobs were “saved” by the federal government’s bailout of General Motors. According to her, these jobs were “saved” thanks only to the largess of the Dear Leader and ... MORE
The tactics of Trump, Sanders and the Pope. The voice I find myself missing this political season is that of Fouad Ajami, who died last year. Not so much for Ajami’s insights into the area that was his academic speciality, the Middle East, though one certainly wishes for his thoughts on the Islamic State, the humanitarian disaster that is Syria, and ... MORE
by Robert Tracinski. If it sometimes seems like it’s impossible to restore the free market, as if every new wave of government regulation is irreversible, then consider that one form of regulation, which is common in the most dogmatically big-government enclaves in the country, is being pretty much completely dismantled before our eyes. And it’s the ... MORE
Holy man doesn't get the free market. Congressman Thomas Massie, R-Ky., has invited me to the House of Representatives to watch Pope Francis address a joint session of Congress. This generous Methodist congressman has invited your traditionalist Roman Catholic columnist and cable TV guy to this grand event. I am going with joy because ... MORE
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
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
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
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
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