A company that turned its ESG report into an opportunity to proudly defend its industry and itself.
MARKETS
American Fountainhead: Business Hero Steve Jobs
Jobs has spent a lifetime living by Roark’s own singular rulebook not as the designer of buildings, but as the architect of a new approach to technology.
Big Business Loves Big Government
“Regulation doesn’t just kill existing businesses,” says Carney. “It keeps new businesses from ever entering.”
Capitalism Makes Us Better Off
Last week, I debunked three myths about capitalism. Here are four more…
The Bitcoin Law: El Salvador’s Counterfeit Free Choice in Currency
Bitcoin adoption should be a free choice – neither banned nor compelled by law.
Thanks to Capitalism, The Poor Get Richer
Because capitalism is voluntary and consumers have choices, the only way capitalists can get rich is to offer us something that we believe is better than we had before.
Paying People Not to Work: Labor Shortage Is a Government-Contrived Scarcity
To use Keynesian terms, employment in the United States is not suffering from an “aggregate demand” failure. There are plenty of job openings; it is a failure of a good number of employable people not being interested in filling the slots employers would like to fill. Why?
Warren Buffett Snubs the ‘Social Responsibility’ Craze
Here’s Why He’s Right.
Inflation Is a Dangerous Way to Get Rid of Debt Burdens
Inflation is a form of tax, under which portions of the citizenry’s income and wealth is taken from them through reducing the real buying power of money held by all those in the private sector and the general public.
Henry Hazlitt and the Failure of Keynesian Economics
Keynes used the “technique of obscure arguments followed by clear and triumphant conclusions.”
‘Are You on the Take?’
Because a politically connected businessmen wants more for himself, and politicians have the power to demand that developers kiss their rings, Edgewater’s dump is still a dump.
Labor Shortage Caused by Government
Government handouts encourage dependence and create labor shortages.
The Legacy of Karl Marx
Though the Communist Manifesto, even in its own time, failed completely as an economic guidebook, it did succeed thoroughly in instilling class hatred. This hatred, unfortunately, has been its most permanent contribution.
Celebrate Capitalism This May Day
We should not only allow global capitalism; we should welcome it and foster it in every way possible. It is time to rephrase Karl Marx: Workers of the world unite for global capitalism; you have nothing to lose but your poverty.
Saving Capitalism From The “Big” State
Mariana Mazzucato’s and Joe Biden’s political missions and big economic central plans require all of us to give up our own individual and personal plans to be straightjacketed into their compulsory designs for us.
“Woke” CEOs
Why CEOs go “woke”—and why they shouldn’t.
Carl Menger’s Theory of Institutions and Market Processes
Menger’s Distinct Approach to Economic Thinking
Class Harmony, Not Class War
One of the innumerable destructive consequences of an almost 250-year-old error in economic theory made by Adam Smith.
The False Ideal of Equity
The false standard of equity leads to bad outcomes for everyone. The standard should not be equity but justice.
Should Business Fight Climate Change and Inequality?
The Hazards of Embracing Environmental, Social and Governance (ESG) Goals
Socialism Never Works
Socialist experiments failed in Sweden, Israel, India, Great Britain, Afghanistan, Syria, Algeria, Cambodia, Somalia, etc. There are no socialist success stories.
Equity Performance Amid One-Party Rule in America
If history (especially more recent history) is a guide, U.S. equity gains over the next two years of full Democratic control will be inferior, a result that is more probable given that the party is currently more anti-business, anti-profit, and anti-capitalist than at any other time since 1970.
“Sweatshops” are Good for the Planet—and People
Producing and consuming fast fashion and other sweatshop products is a win-win scenario for human flourishing: consumers get inexpensive products, workers and their employers prosper, working conditions improve and pollution diminishes, the planet gets greener, and the brands profit.
President Biden’s Push To Force Workers To Join Unions
President Biden’s “closed shop” labor union agenda would rob all those working for a living the liberty and latitude to do so freely and of their own choosing.
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