Business

Will Trump’s “State Capitalism … a Hybrid Between Socialism and Capitalism” Make America Great Again?

To be clear, Trump is not pursuing traditional socialism, where the means of production are owned by the state. Nor is he trying to copy exactly China’s state capitalism—but he is applying its methods with what the Journal calls “American characteristics.”

The Doctor-Laborer Inversion

The Doctor-Laborer Inversion

The battle over minimum wage is raging. Emotions are running hot. Some cities are setting the bar very high. For example, Seattle is mandating a $15/hour wage. Economically, the issue is very simple. Minimum wage laws do not raise anyone’s wage. This is because it’s...

Business as a Moral Endeavor

Business as a Moral Endeavor

Business is moral because our lives and well-being depend on it, and businesspeople are heroes and moral creators who deserve, not our disdain and criticism, but our thanks.

SEC Attacks SAC Capital

SEC Attacks SAC Capital

Insider trading is when someone trades with knowledge they have but which others do not. The question is whether this should be a crime.

Corporate Welfare is Immoral

Corporate Welfare is Immoral

In its recently released budget the Canadian (Conservative!) government announced $6.4 billion of new corporate welfare spending. The aerospace sector will receive $1.2 billion of it over the next five years, Federal Economic Development Agency for Southern Ontario...

To Braid or Not to Braid

Benta Diaw immigrated to the United States from Senegal. She decided to open a business braiding hair as she was taught by her grandmother in Africa. However, the state of Washington declared her business illegal. Was Diaw misleading her clients and using dangerous...

Magical Thinking Won’t Stop the Layoffs

Magical Thinking Won’t Stop the Layoffs

Associated Press and FoxNews.com reports: Medical supply giant Stryker is the latest company to announce job cuts in anticipation of coming costs associated with Obamacare, even though the man who inherited a fortune from the company’s founder is a fan. The...

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