Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.
POLITICS
Investment vs. Speculation: Where Does Your Profit Come From?
It matters where your profit comes from. Investment is not the same as speculation. Dividends are not the same as capital gains, despite what Central Banks want you to believe.
Laissez-Faire Capitalism: Still The Unknown Ideal
Laissez-faire capitalism is an ideal worth working for and attaining.
Give Hong Kong Residents a Path to U.S. Citizenship
Hong Kongers would make outstanding Americans if they aren’t already in spirit.
“Viennese Operetta: My Virtual Reality
Serious values in a fun world.
The Afghanistan Fiasco was Based on a Philosophical Error
The disintegration of the Afghanistan army after the U.S. withdrawal should not have come as a surprise to anyone. It was based on a philosophical error.
Infrastructure Bill as Political Plunder and Social Engineering
Nothing says you really “care” in politics as a demand to spend $1 trillion of other people’s money on “essential” public “need.”
Government Debt as Far as the Fiscal Eye Can See
The thought of living within a balanced budget sends a frightening shiver down almost every politician’s spine.
Endless Rules
Drug legalization doesn’t have to be stupid.
Woke Language
It’s as if America is moving toward “1984,” George Orwell’s novel, in which government controls people’s thoughts by creating a new language, Newspeak.
Innovation vs. Regulation
When is government regulation a death sentence for innovation and entrepreneurialism?
Racial Equity Studies: Tribalism on the Warpath
If a racial equity study finds that a particular project will result in the displacement of “people of color,” it will be used as a club to beat developers into submission. Developers will be forced to abandon their project or concede to whatever demands activists and politicians can concoct.
The Mind of the Dictator
The core problem in opposing dictatorships is the moral self-doubt of our politicians and that of other free countries.
Biden: The ‘Capitalist’ Who Isn’t
Does anyone really think that Joe Biden, who is not a capitalist but a lifelong politician, knows “the right way to invest” $6 trillion?
Welfare for the Rich
Politicians always promise that public investment will return more in benefits to taxpayers. But it’s not true.
Giving You Health Care “Equally”
The government must take good medical care from those who have it and redistribute it to those who do not.
“Building Back Better” Schemes vs. Individual Rights
Whether the “build back better” schemes will actually improve citizens’ lives, as the governments imply, depends on the definition of “better.”
Let Us Be Clear Once and For All: Socialism Is Not at Root About Economics!
For the Conservatives, Capitalism is moral only to the extent that the capitalist lives to serve others. Self-interest can be smuggled silently in but not as a moral right or as a moral ideal. This means that “creeping socialism” always has the advantage and thus creeps unabated.
Lots of New Money, But Still-Low Inflation. What Gives?
Banks, businesses, and households tend not to hoard money in good times, or when they have confidence in the credibility and predictability of policymakers; they hoard in bad times, when they lack sufficient confidence. That is precisely the case today, even if officials won’t admit it.
An Electoral College Within Each State
Instead of the United States abandoning the Electoral College, state legislatures should take us in exactly the opposite direction. From now on, they should abandon a statewide popular vote for president, and instead either appoint electors directly or implement an Electoral College-type system within each state.
Restrict Political Pickpockets To End Budget Deficits
Our dilemma, today, is that, to use John Stuart Mill’s phrase, we have a political system in which many who have the right to vote use it “to put their hands into other people’s pockets for any purpose which they think fit to call a public one.”
Dr. Fauci’s Mutating Covid Advice
In just under a year’s time, Fauci’s messaging on reinfection and herd immunity has now mutated across dozens of variants of its own, each conveniently aligning with his political messaging of the moment.
The Myth of Widespread White Supremacy
The Leftist feeding frenzy regarding white supremacy is a chimera.
A Pandemic of Fiscal Profligacy
The Democrats’ $1.9 trillion “American Rescue” plan, which has little to do with rescuing and everything to do with using the pandemic as an excuse to move the country closer to statism. The latest $1.9 trillion addition to the federal debt is best described as a left-wing slush fund.
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