The accusations against capitalism that we read not only from progressives but also conservatives are based upon fallacious thinking. It’s time to deal with these fallacies head on.

The common belief is that increases in the stock market drive overall economic growth. Expansionary monetary policies, however, are responsible for driving up stock prices even as they simultaneously damage the economy.

The standard line from US political elites is that failure to aid Ukraine would mean Russia's destruction of what is left of the country. However, the likely result would be a negotiated peace.