The Assault on the Concept Merit
The proper, moral attitude toward great achievers, those who have merit, is admiration.
Celebrating Adam Smith on His 300th Birthday
Three hundred years ago, on June 5, 1723, one of the most important and influential thinkers in modern history, Adam Smith, was born in the small Scottish village of Kirkcaldy. There are few individuals who it can be said have left as lasting and as positive a legacy on humankind as Adam Smith.
Capitalism: Egoism For All
It is revealing that capitalists are condemned for being egoistic, but customers and employees are not, even though they all look to profit in their own way.
The Union Barons Strike Back with Legal Price Fixing and the Repeal of Right To Work Laws
Taxpayers will have to pay more for state construction due to the reinstatement of prevailing wage and workers will be compelled to pay for union representation they don’t want due to the repeal of Right to Work statutes.
Mergers & Acquisitions: The FTC versus the Free-Market
The FTC is placing itself as the primary arbiter when it comes to business transactions, and it is conveying that it can predict what the future holds for innovations and acquisitions. This creates an environment of not only great uncertainty for business, especially now that previous transactions may be revisited and reconsidered, but also great risk for the competitiveness of US firms.
Ludwig Von Mises, F.A. Hayek and the Price Generation, Not Calculation, Debate
The problem economically with socialism is not calculation of given data, but the generation of the data that would be required, but does not yet exist.
Bud Light Sales Implosion After The Mulvaney Ads Explained (By Mises)
The company was openly insulting its consumer base, describing Bud Light as a “fratty” beer and “out of touch” brand “in decline.” It’s one thing to disregard your boss. It’s another thing to openly insult her.
What Accounts for America’s Life Expectancy Gap?
Adopting socialized medicine – “universal health care” – would not remedy the well-documented gap in U.S. life expectancy.
Government “Efficiency” Regulation Makes Dishwashers That Make Dishes Less Clean
The U.S. Department of Energy has just announced a proposed rule to make dishwashers more “efficient” by limiting them to a maximum of 3.3 gallons per wash cycle, a reduction of one-third.
