CULTURE

How Richard Nixon Wrecked Free Trade

With the capacity to print forever, the US could fund its empire, fund its welfare state, fund its gigantic budget, fund its military, and all without bothering with actually doing much of anything beyond sitting behind screens. 

Capitalism is Egoism for All

Capitalism is Egoism for All

We know from Atlas Shrugged, and many other Ayn Rand writings, that capitalists are egoists. They trade to make a profit, and this is morally admirable. They are wealth creators. But it is important not to forget that customers and employees are egoists too.

Liberty Winning?

Liberty Winning?

Louis XIV had hundreds of servants who prepared him dinner. Today, my supermarket offers me a buffet Louis XIV couldn’t imagine. Thanks to trade and property rights and markets, each of us lives as if we had more servants than kings.

Woke Colleges

Woke Colleges

Critics claim the tests are culturally biased and say that’s why Blacks and Latinos don’t score as well. But that doesn’t explain why Asians do so well. In fact, Asians get the best SAT scores.

Socialism-in-Practice Was a Nightmare, Not Utopia

Socialism-in-Practice Was a Nightmare, Not Utopia

Listening to some in American academia and on social media, you would think that socialism was a bright, new, and shiny idea never tried before that promises a beautiful future of peace, love, and bountifulness for all. It is as if a hundred years of socialism-in-practice in a large number of countries around the world had never happened. 

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