If we want to enjoy lower prices and better quality products and services, whether in air travel, cell phone service, health care, or anything else, the solution is to stop the government from trying to manage markets and to make them free instead, thus increasing comp…
Free market benefits aren’t only measured in dollars and cents.
It is the government efforts to “moderate” capitalism and to make markets “fair” that create the unfairness they claim to alleviate.
Capitalism creates through freedom; the state destroys via regulation; capitalism gets the blame.
You can always keep anything old, clunky and inefficient still in business, if you are willing to pour unlimited amounts of the taxpayers’ money down a bottomless pit.
A tired old recipe for global communism in 21st century pseudo-academic clothing.
Rather than asking the source or origin of that wealth — production or plunder –the egalitarians like Thomas Piketty merely see that some have more wealth than others and condemn such an “unequal distribution,” in itself.
Nobel Prize-winning economist Gary Becker was internationally renowned within the economics profession, but was not nearly as well known among the general public as he deserved to be.
Too many of today’s “educators” see students as a captive audience for them to manipulate and propagandize.
There are inequalities everywhere. According to the Bureau of Labor Statistics, Asian men and women have median earnings higher than white men and women. Female cafeteria attendants earn more than their male counterparts. Females who are younger than 30 and have never …
When the former Soviet Union collapsed almost 25 years ago, most global strategic forecasters assumed that the U.S. would adapt pragmatically to her new status of sole world superpower. Instead she has pursued a variety of misguided nation-building adventures and has...
If you put $1,000 in your piggy bank in 1960 and took it out to spend in 2000, you would discover that your money had, over time, lost 80 percent of its value.
The principle here is that we need to look to greater economic freedom, not greater government intervention, as the path to economic improvement for everyone, especially the poor.
Many economists, politicians and pundits assert that median wages have stagnated since the 1970s.
The foundation of BB&T’s success is its principles.
Reducing investors’ incentives to take risks is reducing the jobs their investments are likely to create.
One of the biggest, and one of the oldest, taxes is inflation. Governments have stolen their people’s resources this way, not just for centuries, but for thousands of years.
Why does anyone use bitcoin and what accounts for its popularity in some countries and industries?
Another view on Bitcoins.
Risky as this new currency may be, I still trust it more than I trust politicians.
Far more important than income inequality is productivity inequality.
The politics of the minimum wage are simple. No congressman or president owes his office to the poorly educated black and Latino youth vote.
It is not just in politics that the non-existent “trickle-down” theory is found.
It’s as if the concept of “too big to fail” has evolved into the belief that some bubbles are too big to pop.
The efforts underway by the Service Employees International Union, and its political and media allies, to raise the minimum wage from $7.25 to $15 per hour would, if successful, cause major unemployment among low-skilled workers, who are the supposed beneficiaries of...
All that glitters is not gold.
The proper role of the government is not to tell companies what to produce and sell and to consumers what to buy.
Justice demands that people are compensated on the basis of performance, not on the basis of their need or of the egalitarian ideal dominant in today’s culture.
The Patient Protection and Affordable Care Act—otherwise known as ObamaCare—is almost four years old. Despite the technical troubles, what every American should know about the law is that whatever its provisions, whatever the press propagandizes or reports, the...
Insider trading is when someone trades with knowledge they have but which others do not. The question is whether this should be a crime.
Gold moved from $300 to $1,800 not because investors believed the government would hold the line on debt, but because they believed that the U.S. fiscal position would get progressively worse. That is what happened this week.
Under Calvin Coolidge, the ultimate in non-interventionist government, the annual unemployment rate got down to 1.8 percent. How does the track record of Keynesian intervention compare to that?
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