Capitalism

Displaying 1 - 10 of 77

Do Free Markets Create a Wasteful "Landfill Economy"? Definitely Not

CapitalismFree Markets

Blog07/20/2022

Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.

Read More

Turns Out the Elites Like the Administrative State Better than Democracy

Bureaucracy and RegulationCapitalismCronyism and CorporatismDemocracyLaw

Blog07/12/2022

The New York Times claims that the "administrative state"—that is, governance by unelected bureaucrats—protects our country and enhances democracy.

Read More

Developing Countries Don't Need Wealth Transfers; They Need Free Markets

CapitalismEconomic FreedomFree MarketsSocialism

Blog07/08/2022

The standard line among the Great Reset crowd is that capitalism exploits poor nations and causes poverty. In reality, capitalism and free markets have reduced poverty around the world.

Read More

Capitalism Is Not Racist; Capitalism Undermines Racism

CapitalismU.S. History

Blog05/31/2022

Leftist regularly accuse capitalism of depending upon racism for its existence, but history tells a much different story.

Read More

A Medical Revolt Is Coming

CapitalismEconomic FreedomInterventionismPricesValue and Exchange

Blog05/17/2022

The absence of market discipline in medicine cannot last. Governments and the medical cartel have successfully used fear to maintain control.  Fear has kept the masses from rising up. Until now. 

Read More

African Politicians Must Stop Blaming Others for Africa's Economic Woes

Bureaucracy and RegulationCapitalismSocialismWar and Foreign Policy

Blog05/04/2022

Colonialism, imperialism, unfair trade, and more. African politicians look everywhere for the causes of Africa's poverty and chaos but in the mirror.

Read More

European Government Expansion Did Not Expand the Job Markets

Big GovernmentBureaucracy and RegulationCapitalismCronyism and CorporatismEconomic FreedomSocialismEntrepreneurship

Blog02/15/2022

Massive "fiscal stimulus" programs by European governments failed to reduce unemployment. The latest buzzword from the Continent is the "entrepreneurial state," based upon the delusion that government spending and regulation are responsible for wealth creation by private entrepreneurs.

Read More

The 2021 Nobel Prize and the Trend of Economic Thinking

BiographiesCapitalismProtectionism and Free TradeTaxes and SpendingInterventionismOther Schools of Thought

Blog10/11/2021

The 2021 Nobel Prize in Economics has been awarded to Berkeley's David Card, MIT's Josh Angrist, and Stanford's Guido Imbens for their work on "natural experiments," a currently fashionable approach to estimating the causal impact of one economic variable on another. 

Read More

7 Observations on the Humane Nature of Capitalism

CapitalismPhilosophy

Blog04/10/2021

Capitalism isn't just better because it makes us materially better off. Capitalism also helps us forge a more humane and civil society. 

Read More

The GameStop Saga Unravels Stakeholder Theory

CapitalismCoordinationU.S. EconomyPolitical Theory

Blog02/03/2021

Suddenly the champions of stakeholder theory, like the predictably despicable Washington Post, find themselves singing a new tune about vulture capitalists, deciding that hedge fund short sellers are now the good guys.

Read More