Why Congress should get out of the miracle business. Claude Frederic Bastiat (1801-50) — a French classical liberal theorist, political economist and member of the French National Assembly — wrote an influential essay titled "That Which Is Seen and That Which Is Not Seen." Bastiat argued that when making laws or economic decisions, ... MORE
Showing posts with label free market. Show all posts
Showing posts with label free market. Show all posts
Walter E Williams: The Seen And The Unseen
Why Congress should get out of the miracle business. Claude Frederic Bastiat (1801-50) — a French classical liberal theorist, political economist and member of the French National Assembly — wrote an influential essay titled "That Which Is Seen and That Which Is Not Seen." Bastiat argued that when making laws or economic decisions, ... MORETrump Ditched Free Market Ideology For Nationalism
by Matthew Yglesias. And it's working. Marco Rubio's newly aggressive posture toward Donald Trump is all about delivering low-blow insults, and reflects a popular — but incorrect — notion among Republican elites that Trump's not-very-orthodox ideology is succeeding because of the force of his personality. But Trump isn't winning because he's a buffoon. If ... MORENew 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 ... MOREThe 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 ... MOREOccupational Licensing Regulations Stifle Job Creation
from the Las Vegas Review-Journal. How long do you think it takes to train to become a licensed barber in Nevada? A month? Six months? Maybe a year? Nope. Try 2½ years. In a recent piece for Politico, Andy Koenig points out that barbers are among dozens of entry- and mid-level professions harmed by out-of-control occupational ... MOREJohn Stossel: Political Arrogance
Candidates advocate for a big fat government. After the Iowa caucus results, it looks like Hillary Clinton vs. Marco Rubio in November! They lead the betting at ElectionBettingOdds.com. This scares me. Neither candidate shows any interest in limited government. They scoff at anyone who suggests that their grand schemes do more harm than good. ... MOREWhy Government Should Not Regulate The App Economy
by Iain Murray. In Damon Runyon’s Broadway stories (and in the musical Guys and Dolls),
a gambler named Nathan Detroit hosts New York’s oldest established
floating crap game, presaging three functions of today’s app revolution.
Thinking of the app market in such nontechnological terms shows us what
is really happening today and lays bare the ... MOREJohn Stossel: Economic Myths
Economic ignorance sells. Hillary Clinton: "Of course we want to raise the minimum wage!" Donald Trump: If we trade with China, "they suck us dry ... take everything. We get nothing!" Bernie Sanders: "Ordinary Americans are working longer hours for lower wages." But it's not true! Politicians are so ignorant about economics. On his blog, Cafe ... MORECapitalism: 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 ... MOREBenevolence 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 ... MOREJanet 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 ... MOREMake 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 ... MORETim 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
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