Capitalism

The Federal Reserve continues to destroy the economy’s savings base through a combination of artificially low interest rates and inflation. This war on savings will not end anytime soon.

The Federal Reserve continues to destroy the economy’s savings base through a combination of artificially low interest rates and inflation. This war on savings will not end anytime soon.

With Trump’s crony capitalism, the government taking equity positions in US businesses, and socialists making real inroads in the Democratic Party, it is hard to find defenders of free markets.

Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression.

Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another symbol of capitalist oppression.

Here’s an existential fear regarding AI: companies in the economy will invest in AI to such an extent that the result will be massive layoffs of highly-skilled, high-wage technical employees and a severe reduction in demand for routine, repetitive jobs.

Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.

Economics has its own four-letter words. Although they are not obscene, socialists and statists would find them so.

On this episode of Power and Market, Ryan, Tho, and Connor discuss Fed drama, plummeting consumer sentiment, and how the American economy is becoming increasingly like a casino. 

Modern moral philosophers often come up with immoral ways to undermine free markets. In this week’s Friday Philosophy, Dr. David Gordon examines the book How Much Is Enough? by Robert and Edward Skidelsky and questions the authors’ conclusions.