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

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

VIDEO: The Dawn Of Capitalism

Janet Yellen Fights The Tide Of Falling Interest

by Keith Weiner.     On Wednesday Dec 16, Federal Reserve Chair Janet Yellen announced that the Fed was raising the federal funds rate by 25 basis points. Let’s get one thing out of the way. This is not a move towards free markets. Whether the Fed sets interest lower, or whether it sets interest higher, we still have central planning. We still have price ... MORE

Make Economic Freedom America's New Year's Resolution

by Veronique de Rugy.    It's Christmas time again, and with it come the dreams of better times. Families struggling with the consequences of the most recent recession will be happy to know that there is a simple way to improve their lives and keep or make more money in the process. It's called economic freedom, and the United States used to be very  ... MORE

Scott Shackford: The Middle Class Is Shrinking!

Because They’re Getting Rich!   Success is seen as a disaster when you care more about income inequality than mobility. "The American Middle Class is Losing Ground," is the title of Pew Research Center's new report on income inequality. That headline informed the headlines that other media outlets have settled on as well. The Los Angeles  ... MORE

Tim Worstall: Capitalism Will Help The Absolutely Poor

The rising tide that lifts all ships.  There’s a tendency for people to think that this greed for filthy lucre that capitalism harnesses so well won’t in fact help those who are absolutely poor. Because those absolutely poor, defined as living on less than $1.90 a day, don’t have much money. So, how and or why would anyone exploit them in order to   ... MORE

Absence Of Capitalism Is Environment's Worst Nightmare

by Kerry Jackson.      The solutions to global warming — in fact, to all environmental problems, real and perceived — are always antithetical to capitalism. To many who thrill to the global warming scare, capitalism is the cause of climate change. But those who think they would like the environment better without capitalism should try exactly that.   ... MORE