Chief among the policies that reward inferiority and irresponsibility is the welfare state.
POLITICS
Laissez-Faire Capitalism: A Declaration of Independence from Statism
The Declaration of Independence, proclaimed by members of the Continental Congress on July 4, 1776, is the founding document of the American experiment in free government. What is too often forgotten is that what the Founding Fathers argued against in the Declaration was the heavy and intrusive hand of big government.
Reparations for Slavery
Slavery doesn’t have a good record of producing wealth.
Austrian Economics on the 45th Anniversary of Its Rebirth
This June marks the 45th anniversary of the revival of the Austrian School of Economics. During the week of June 15-22, 1974, the Institute for Humane Studies brought together about 50 people in South Royalton, Vermont to listen to a series of lectures by three of the...
Candidates’ Bad Ideas On How To Spend Your Money
Politicians always have ideas other than letting you keep your money.
Growing Debt, Budget Deficits and the Cost of Free Lunches
It seems that every generation or two, fundamental economic ideas are questioned and challenged. The reasonable and important idea that governments should balance their budgets on an annual basis was challenged in the 1930s by the rise of Keynesian Economics and the...
Yaron Brook on The Moral Case For That “Amazing Thing” Called Capitalism
Capitalism “is a fantastic system that is fundamentally moral because it allows individuals to pursue their own happiness. Your pursuit of your own well-being — a virtue in and of itself — also helps the world be a better world.”
In Search of White Privilege and Systemic-Institutional-Structural Racism
Two years after the first black president departed office, the 2020 Democratic candidates fall over themselves promising to combat “white privilege” and to address “systemic” or “institutional” or “structural” racism against blacks.
Professor Stigiltz’s “Progressive Capitalism” is Neo-Socialism
If there is one common enemy that all opponents of individual liberty, free markets, and limited government seemingly can agree upon it is the “evil” of neo-liberalism. Everything that is hated in an open, competitive market society is summed into that word and...
How To Create Social Conflict: Let The Government Decide
The prime feature of political decision-making is that it’s a zero-sum game.
Has The Pro-Capitalist Right Been Eviscerated by President Donald Trump?
A successful battle against the collectivism of the left will have to await the appearance of a new, pro-capitalist right.
Slavery: Neither Strange Nor Peculiar
People who use slavery to trash the founders have contempt for our constitutional guarantees of liberty. Slavery is merely a convenient moral posturing tool they use in their attempt to reduce respect for our Constitution.
How Republicans Gave Us Millennial Socialists
The single organization most responsible for paving young Americans’ way to socialism: the Republican Party.
The Plague of Political Busbybodies
The end goal of our planning paternalists is the command economy, the government-directed market, with all businesses required to follow the planner’s investment and employment directives and, presumably, be subject to some type of punishment if the imposed targets...
The Left’s Battle Against ‘Inequality’
In his book "Discrimination and Disparities," economist Thomas Sowell notes that a disproportionate percentage of first-born siblings become National Merit scholars compared to siblings born later, presumably because the first-born starts life with no sibling...
Freedom: Why Immigrants Come to America
America! The word has meant hope, opportunity and freedom for tens of millions of people over the last two and half centuries. For a good part of those 250 years, the words on the Stature of Liberty in New York harbor have rang true: "Give me your tired, your poor,...
Socialist Promises Result in Human Suffering
Socialism promises a utopia that sounds good, but those promises are never realized. It most often results in massive human suffering.
Democratic Socialism and Its Antisocial Agenda
Those who have seen the 1982 Steven Spielberg movie Poltergeist may remember the scene when the little girl touches the snowy screen of her family’s television and says, “They’re here,” meaning the evil ghostly forces bringing death and destruction. Well, they are...
Why Conservatives Won’t Defend Capitalism
Conservatives won’t defend capitalism because they won’t defend its morality, rational egoism, and won’t defend that morality because they’re wedded to religion and its ethic of altruism.
Trump’s ‘Infrastructure’ Plan Versus Obama’s ‘Stimulus’: What’s the Difference?
Apart from the fact that the Schumer-Trump proposal is double the Obama price tag, the answer is: very little.
The Case for Smaller Government and the Fallacy of Government Shutdowns
Another partial federal government “shutdown” began on December 22, 2018. The impression from the media and other commentaries easily suggested that the political and economic sky was about to fall. Various government departments were closed and some government...
Discrimination and Disparities II
Social justice warriors ignore many differences that have little or nothing to do with discrimination but have an enormous impact on outcomes.
Punitive Taxation of America’s Richest
There’s nothing moral, “fair” or “progressive” about a graduated (communist) tax schedule.
Lies Socialists Like To Tell About Inequality, Poverty and Capitalism
Socialists like Bernie Sanders tell us that "the rich get richer, and the poor get poorer." That's a lie. Yes, rich people got absurdly rich. Last year, says Oxfam, "the wealth of the world's billionaires increased (by) $2.5 billion a day." I say, so what? The poor...
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