The Driving Force of Free Markets Is Empathy, Not Greed
Both capitalists and anti-capitalists frequently accuse capitalism of being a system driven by selfishness and greed. Capitalism’s defenders sometimes say: […]
Business & Economics
We’re Bankrupt. Isn’t That Worthy of Presidential Discussion?
Midway between the second and third Democratic presidential debates, we should pause to take stock of what we’ve seen. Eight […]
What Modern Democratic Socialists Can Learn from F.A. Hayek
Democratic socialism is considered a viable alternative, a “middle way” between unrestrained capitalism and the gulags of communism for many […]
The Environmental Costs of Renewable Energy Are Staggering
“The Limits of Clean Energy” is the title of an article by Jason Hickel in Foreign Policy, with the sub-title […]
Economics Lessons for Bernie Sanders
It’s hard to tell at this point if Bernie Sanders’s presidential campaign is faltering because his ideas have gone from […]
Zoning Laws Hurt the Poor the Most
On February 14, 2008, a Seattle Times article showed that almost 45 percent of the price of a home was […]
Technology Creates More Jobs Than It Destroys
American presidential candidates Andrew Yang and Bill de Blasio are very concerned about robots taking people’s jobs. Yang has been touting his […]
The Long-Term Benefits of Corporate Tax Cuts Are Undeniable
Every tax cut in recent decades has been denigrated as a trickle-down fraud (whose family tree also includes “voodoo” and […]
ISAs: The Friedman Solution to the Student Loan Crisis
In 2019, 44.7 million student loan borrowers owed a sum of $1.56 trillion, an average of more than $34,000 per […]
The US Is Burying Young People and the Unborn Under a Mountain of Government Debt
In 2018, the federal government paid $357.3 billion in interest on the nation’s fiscal operating debt—$61 billion more than the […]
The Economic Discussion on Brexit That Isn’t Happening
Millions of words have now been expended arguing the economic case for and against Brexit. It is a sad reflection […]
Why Socialism Is the Failed Idea That Never Dies
Kristian Niemietz, Socialism: The Failed Idea That Never Dies. Institute for Economic Affairs, London 2019, 374 pages. What would you […]
What Amazon, Nike, Uber, and Disney Do With Their Money
What do some of the world’s biggest and most recognized corporations do with their money? Is it true that they […]
Milton Friedman Was Right on Corporate Guidance, and “Woke” CEOs Ignore Him at Shareholder Peril
The Business Roundtable, an association that counts among its members the CEOs of some of the largest public companies in […]
I Was a Physician at a Federally Qualified Health Center. Here’s Why I No Longer Believe Government H
In my medical training, a fellow physician tried to convince me that my liberal leanings on health care were misguided. […]
The Laws of Economics Cannot Be Wished Away
In areas such as rent control and minimum wage laws there’s an increasing tendency to ignore the basic laws of […]