Topic: Capitalism

Eyes, Shoulders, Knees, and Toes: Rebutting Robert Gordon’s ‘The Rise and Fall of American Growth’

– September 27, 2023

“We are wealthier now, not because we earn more but because we trade less of our time for goods. The real ‘superabundance’ comes not from ample money or wealth but ample leisure time.” ~David Gillette and Lauren Frazier


The Multiyear Decline in US Economic Freedom

– September 25, 2023

“In 2007 only three countries were economically freer than the US, but by 2015 eleven nations were. Today, 24 are freer.” ~Richard Salsman


Confusing Liberty with Power 

– September 9, 2023

“The oldest and fullest sense of liberty means freedom from coercion – that is, freedom to act according to your own plans and goals rather than according to someone else’s.” ~ Paul Mueller


The Fight against ESG and Global Governance

– September 6, 2023

“ESG is a segue into global governance, but there is growing decentralized resistance against hyper-centralization.” ~ Kate Wand and Allen Mendenhall


Protecting Competition or Preventing It?

– August 23, 2023

“If you can’t reduce competition in the sense of harming rivals, you cannot engage in rivalry seeking to benefit consumers. ” ~ Gary Galles


Maximizers and Monopolies, A Benefit to Society

– August 13, 2023

“Consumers do not care that there is only one primary zipper manufacturer, they only care that their zippers work. Thus, if market needs are being met, competition isn’t a concern.” ~ Kimberlee Josephson


The SEC Limits Most People’s Investment Opportunities

– August 1, 2023

“The bill that the US House passed by a voice vote would require the SEC to develop a test to determine whether someone is knowledgeable enough to forgo the investor protections built into public offerings to the general public.” ~ Gerald P. Dwyer


Competition, Virtue, and the PGA-LIV Saga

– July 29, 2023

“Monopolies often fear competition more than they fear government: You can lobby government for ongoing favoritism but in a free economy, you must compete.” ~ David Hebert, John Pinheiro, and Daniel Wagner


The Charge to Change Capitalism and Why the Profit Motive Must be Preserved

– July 26, 2023

“Replacing rather than embracing shareholder primacy is truly a troubling matter given that shareholder primacy is a means for holding business leaders objectively accountable for the management of strategic investments and business operations.” ~ Kimberlee Josephson


The Essential Ethic of Socialism

– July 23, 2023

“In a socialist regime, I must seek the permission of others — whether state officials or one’s fellow workers — before I serve them in a novel way.” ~ Adam Martin


How Drug Makers Have Obliterated the Free Market

– July 22, 2023

“Regulatory agencies have allowed the clear legislative intent to limit patent terms to be gamed and exploited, turning a process meant to stimulate competition and market ingenuity into one that’s crushing both.” ~ Brian Garst


In Defense of Allowing Collusion

– July 20, 2023

“We understand that if markets are to serve consumers as well as possible, entrepreneurs and investors must enjoy wide freedom to experiment with different organizational and contractual arrangements.” ~ Donald J. Boudreaux