Free Enterprise

Thursday, August 8th, 2019

Even if it proves to be an inexact science, the effort is worth undertaking.

Thursday, August 1st, 2019

The approach of unconditional help regardless of the results doesn’t work in our private lives. How much worse is it when taxpayers are paying the bill?

Monday, July 29th, 2019

In 1975 a ten-cup drip coffee maker cost the ordinary American worker almost 8 hours of work time; today it costs that worker only 45 minutes.

Monday, July 29th, 2019

The proper framing of the terms of the debate is a remarkable achievement that fundamentally upsets the current political narrative. That’s what this video achieves.

Thursday, July 25th, 2019

"The reason why Amazon is beloved by consumers is because it puts the internet to work by making shopping a more pleasant and convenient experience." ~ Chloe Anagnos

Wednesday, July 17th, 2019

Or in the musical context, the capitalist achievement consists not of softer seats at the opera for the king and queen but access to a practically infinite library for pennies a day.

Thursday, July 11th, 2019

Entrepreneurs from around the world (including China) want to “steal” or imitate the clever doings of creative minds in the U.S because the U.S. is the most prosperous and creative nation in the world. Pundits view this as a threat, think we should empower the federal government to penalize the theft, but the much bigger worry would be if the creative found nothing worth emulating.

Tuesday, July 9th, 2019

Instead of worrying about the rights over her songs falling into the wrong hands, she should understand that unleashing her work from the tight grasp of IP’s claws would benefit her, as it would set her apart from other artists, and benefit all humankind, as others would be able to improve on what she’s done.

Friday, June 28th, 2019

For all its imperfections, American business does a pretty good job — a much better job, Cowen argues, than most people think, and I, for one, agree.

Tuesday, June 25th, 2019

If you shut down sweatshops because you think people shouldn’t have to work in such bad conditions, are you really helping the poor folks who work there?

Wednesday, June 12th, 2019

It’s a rare artist who elicits the kind of widespread emotional homage that Elton John is receiving right now, hopefully, many years before his career is really over.

Tuesday, June 11th, 2019

Dissatisfaction is baked into the human experience, keeping us all forever on the move, on the hunt, looking for the next thing. As tragic as this is, it is here we find the source of progress in the world, the unending search for a better life. And it is always a search, one that requires a social template of freedom and experimentation, not with the goal of nirvana but the goal of experiencing hope and opportunity.

Friday, May 24th, 2019

Designers did not somehow lose imagination over the last 25 years. The designs of new cars are boring because regulations forced this result.

Wednesday, May 22nd, 2019

The difference is the other-oriented atmosphere that the company promotes at all levels—from the company’s corporate leadership, to franchise owners, to managers and employees.

Wednesday, May 8th, 2019

Who knows? Maybe, just maybe, regulated capitalism will be replaced with free-market capitalism.

Tuesday, May 7th, 2019

You should be able to take advantage of smart contracts in many ways, and in many situations, if you just understand smart contracts are a way of managing contingencies.

Monday, April 29th, 2019

Because free markets typically give to producers as well as to consumers strong incentives to use their unique bits of knowledge in ways that promote the general welfare, that both the knowledge problem and the incentive problem exist at all levels of government decision-making means that what is warranted is a strong and general presumption against government intervention – or, worded differently, what is warranted is an ideology of freedom.

Friday, April 26th, 2019

Roads are emphatically not public goods, and many other nations have solved the problems of road use and financing by decentralizing provision and control.

Wednesday, April 24th, 2019

So long as there are new ways to think about the conflict between someone who has been bitten by a radioactive spider, a crime lord who has lost his family, and a mad scientist with mechanical tentacles, there will be room for economic progress.

Tuesday, April 23rd, 2019

The core issue is twofold: public ownership of the roads and no stockholders/owners in charge of security services who are answerable to consumers. The result is exactly what you get from socialism: random chaos, coercion, and lack of accountability.