Explore the foundations of "Laissez-Faire" Capitalism at capitalism.org
Since 1998, when it was a USA Today "Site of the Day" Capitalism.org has been educating students, professionals, and the intellectuals of tommorow on the moral, political and economic foundations of laissez-faire capitalism.
CULTURE
The Most Important Thing the Founders Built Wasn’t the Constitution
Their deepest fear was an ignorant citizenry—a public that could be handed liberty and squander it because they lacked the mental tools to defend it. The Founders understood something that gets lost in the monument-and-marble version of history: a republic is not a st…
The Left’s War Against America and Western Civilization
The Left is at war with America. The Left is at war with the West. The Left is at war with the essential principles of Western Civilization.
Why Most Civilizations Fail, Part 2: Why Geographic Determinism Fails
Ultimate causation lies in ideas: why did some societies exploit their geographic advantages and others didn’t, and why did some overcome geographic disadvantages? Geography can’t answer those questions, but knowledge creation can.
Why Most Civilizations Fail, Part 1: The Island Paradox
Geography alone can’t explain why some isolated, resource-poor societies like Iceland thrived while others like Easter Island collapsed.
Ten Commandments Ruling Underscores That Progressives Need School Choice
While most people probably think of school choice as driven by conservatives who want education different from “woke” public schools, progressives need choice, too.
“Ghost Student” Fraud, and Why Federal Student Aid Must Go
ABC News reported that “in California alone, nearly a third of all community college applicants in 2024 were identified as fraudulent.”
POLITICS
What a Rational Immigration System Actually Looks Like
Americans have a rational self-interest in admitting people who will strengthen that protection and excluding people who will undermine it.
The Worst Enemy of Black People According to Malcolm X
“The worst enemy that the Negro have is this white man that runs around here drooling at the mouth professing to love Negros and calling himself a liberal, and it is following these white liberals that has perpetuated problems that Negros have.” — Malcom X
How Not to Sell Free-Market Healthcare Ideas
Conceding the premise that if the government were only competent enough, it should be in charge of securing healthcare for everyone grants the moral high ground to those who want the government to take on a greater role in healthcare, making it harder to even imagine an…
The Future of Liberty
Liberty is freedom from the government, specifically, freedom from the initiation of physical force by the government
Ayaan Hirsi Ali, ICE, and Illegal Immigration
ICE agents enforcing the law aren’t the threat to American values. The threat is the accumulated mass of people who broke the law to enter, refuse to assimilate, exploit systems meant for citizens, and vote for politicians who promise more of the same.
Make Health Care More Affordable by Correcting Government-Created Distortions
What follows is a menu of health care, welfare, and related tax changes that would reduce spending and deficits and show that Republicans are serious about restraining federal spending, reining in welfare abuse, and improving health care affordability by removing govern…
MARKETS
Gold and The Quiet Birth of a New Monetary Order
A new reserve asset is rising. It is not a cryptocurrency. It is not a new fiat experiment. It is something far older, heavier, and far harder to control.
Can the Government Confiscate Your Gold?
The Real Risks of Owning Gold (and Why It’s Still Worth Owning)
Business Sucess Requires Principles Over Pragmatism
One of the reasons businesspeople dismiss moral principles is that they see them as burdensome duties to benefit others by sacrificing one’s own interests.
Understanding “Austrian” Economics, Part 2
All the rest of Austrian economics follows from these basic insights.
Understanding Austrian Economics, Part 1
what a good has cost to produce cannot directly determine its value, What it will cost to produce determines how much of it will continue to be made
Deposit Insurance Myths: The Glass-Steagall Act and The Federal Deposit Insurance Corporation
That deposit insurance wasn’t the only way to keep a banking system from collapsing was evident enough in 1933 from other countries’ experiences.
WORLD
Iran Gets Just Deserts
America’s first major defense against Iran is an absolutely rational act and a historic exemplar of the virtue of selfishness.
An Open Letter from Claire Lai, Daughter of Chinese Political Prisoner Jimmy Lai, to Eileen Gu, the American-born Star of China’s Winter Olympics Team
On Feb. 9, at the age of 78, my father was sentenced to 20 years in prison in Hong Kong for championing these freedoms through the newspaper he founded and published. I believe that you — a celebrated member of the Chinese Olympic team and someone deeply respected wit…
Black History Month: Why Don’t They Teach About the Arab-Muslim Slave Trade in Africa?
Black history is American history. It ought not be “relegated” to a month, and slavery ought not be relegated to only the European slave trade.
War Without Killing, Killing Without War
The U.S. has ample opportunity to kill bad guys while leaving good guys—American and Iranian—unharmed.
Iranian Theocracy on the Brink? Why Protesters Deserve Our Moral Support
Elan Journo and Onkar Ghate examine why Iran’s ongoing uprising may be the regime’s most serious challenge yet—and why it deserves far more moral support from the free world.
Now, or Never: Iran, Self-Defense, and the Moment That Does Not Return
The price of delay is not peace. It is escalation deferred. It is danger multiplied. It is a catastrophe postponed until it arrives in a form far worse than anything we are afraid of today.
LAW
DHS Administrative Warrants, ICE Immigration Arrests, and the Fourth Amendment
Can executive officials authorize themselves to enter a home? Or must they obtain a warrant from a judicial officer?
Legal Leviathan: Big Law Is Yet Another Problem
Big Law fundamentally distorts the American legal system by offering billions of dollars in free legal services to unconstitutional crusades and liberal pet projects while denying access to any opposition group.
The Death of Renee Good: When Ideology Overides Reason
This is not a story about a blameless victim. This is a story about ideology so divorced from reality that it sends people into dangerous confrontations apparently unprepared for obvious consequences.
January 6 Was a Protest/Riot — Not an Insurrection
Despite the media’s incessant insurrection chorus over the past three years and Congress’ Select Committee to Investigate the January 6th Attack on the United States Capitol, there is a dearth of evidence that those who participated in the riot did so with the ultim…
Immigration Enforcement and the Betrayal of Due Process
Today’s victims are peaceful immigrants; tomorrow, the target could be any American who dares to challenge the state.
The Bill of Rights at 234 Years Old
Anti-Federalists, who feared a powerful central government, demanded greater assurances.
SCI-TECH
Books: A Rebel in Eden: The War Between Individualism and Environmentalism
A Rebel in Eden: The War Between Individualism and Environmentalism, by Robert Bidinotto, explains the philosophic foundations of the modern political movement, theories that, in some cases, go back centuries.
How to Unleash Small Modular Reactors
Testimony to the House Oversight Committee on “The New Atomic Age: Advancing America’s Energy Future.”
The Inventive Period of Capitalism in America
The so-called “Gilded Age” of “Robber Barrons” is better named as the Inventive Period of Capitalism.
Green New Scam
The House BBB’s “termination” of solar/wind subsidies is overly generous, contrary to lobbyist lies.
The Case for EV Freedom
Government should remove all preferences for electric vehicles and allow them to compete and grow on a free market. This will enable EVs to reach their full potential to provide affordable, no-tailpipe-emissions transport without harming consumers or the grid.
Blaming SARS-CoV-2 on Bats in Wet Markets: A Look Back at Fauci’s Great Spillover Hoax
Why precisely were Anthony Fauci and his cohorts so anxious to blame SARS-CoV-2 on bats and later pangolins in wet markets?