While Amazon has every right to choose how to compensate its workers, this minimum wage increase and Bezos’ encouraging the federal government to do the same are wrong.
MARKETS
The Trump Branded Economy
We have entered an age where substance has not only taken a back seat to style, but has been left completely on the side of the road
The Bad Economics of Short-Run Policies
The Best Short and Long Run Policy: Limited Government
Does Fighting Climate Change Give a Business a Competitive Advantage?
A business can gain a temporary advantage by appeasing popular views that fly in the face of facts, but…
Macro Aggregates Hide the Real Market Processes at Work
Government planners fail to “manage” market economies as the indicators they use are themselves false signals hiding from view the reality of the complex market system.
Free Markets vs. Democratic Socialism
Democracy and freedom are frequently heralded as being synonyms. An important question, however, is, What do these concepts mean, and are they in fact synonymous?
Why Pursue Self-Interest, and Do It Persistently? Ayn Rand Has The Answer
Ayn Rand argues that we must pursue self-interest—our rational values—because our lives depend on it.
Business Improves Lives
It is the wealth creation by companies that has helped reduce poverty to its lowest levels in history.
Free Employees From Forced Membership in Anti-Capitalist Labor Unions
Originally founded for the legitimate purpose of improving working conditions and helping negotiate wages, labor unions have substituted that purpose for entrenching the power of their leaders and the entitlements for their senior members.
Interest Rates Need to Tell the Truth
In the middle of July 2018, President Donald Trump said in an interview that he was “not happy” with the Federal Reserve nudging up interest rates and threatening economic growth in the United States. At the recent Jackson Hole, Wyoming, meeting of global central bank...
The Gates-Buffet “Giving Pledge” is Immoral
The Giving Pledge is immoral because it is based on the idea that those who have legitimately created wealth by trading values with others have not earned it and must “give it back.”
Who should you hire—and how to get hired?
The competitive advantage of the company lies in the minds of its employees.
The Benefits of Issuing Gold Bonds
There are simple and clear fiscal benefits to a government that issues a gold bond.
The Best Response to Foreign Tariffs? Lower Your Own
The fact is, while the U.S. and the major European countries have emphasized the idea and benefits from free trade, all of these governments impose various types of tariff and other barriers to shelter selected sectors of their respective economies.
The Myth that Central Banks Assure Economic Stability
What is the fundamental issue is: monetary central planning – with its embarrassingly awful one hundred year track record with paper monies – or getting government’s direct or indirect hand off the handle of the monetary printing press.
A Trade War Won’t Be Good For the Dollar
A trade war may also finally prompt China to do the smart thing and dump its trillion-plus holdings of U.S.
The Bayer Monsanto Merger
Had the government regulators not approved Bayer’s acquisition of Monsanto, human flourishing would have diminished.
Canada Nationalizes The Trans Mountain Oil Pipeline Expansion
Instead of enforcing the Constitution and using its authority against the British Columbia government and protesters initiating physical force against Kinder Morgan property and its employees, Trudeau stayed true to what he said prior to the last election: “Governments might grant permits, but only communities can grant permission.”
Trump “Victories” on Trade are Anything But
Elimination of the trade deficit will be a hollow victory if it results in a significant reduction in living standards.
European Bank HSBC Abandons Financing Fossil Fuels
Banks to stop financing fossil fuel development: Sound investment decisions vs. virtue signaling?
Tariff Wars (and the Fallacy of the Balance of Trade)
The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and easy to win. That remains to be...
Why Is Facebook’s CEO Mark Zuckerberg Groveling?
The Public “Flogging” of Facebook’s Mark Zuckerberg
Hands Off Amazon.com and Sell Off the Post Office
President Trump should focus on getting government out of business by deregulating—and privatizing the United States Postal Service.
The Unintended Consequences of The Minimum Wage
But behind all of these negative and usually unintended consequences arising from the imposing of a government-enforced hourly minimum wage remains the fundamental ethical issue: who shall have the right to decide under what terms and conditions people enter into gainful employment?
Subscribe for free.
Read by students, professors, and citizens, Capitalism Magazine provides over 9,000 free to read articles and essays from pro-reason, individual rights perspective.
No spam. Unsubscribe anytime.