The Crisis is Not Debt Default, But Too Much Government Spending
Would it really matter if most, or even all, of federal employees who are sent home stayed home permanently?
How life is lived when a people have not been touched by the ideas of the Enlightenment and a philosophy of freedom.
Barack Obama’s paternalism or Donald Trump’s nationalism?
What a real advocate of Capitalism might say if he was offering himself for political office.
According to the critics of capitalism, competition is a cruel process feeding unnecessary wants, that evolves into anti-competitive monopolies acting contrary to the “public interest.”
It is capitalism and the competitive market process that generates solutions to the knowledge problems of the society, including the “informational asymmetry” that naturally follows from any developed social system of division of labor.
Harmful monopolies are always created by government.
Those who speak about being on the “right side of history” have, knowingly or not, adopted a central element in Karl Marx’s analysis of capitalism
One of the most common phrases to be heard from those on “the left” is the assertion that someone or some public policy is or is not on “the right side of history.”