Topic: Capitalism

Japan’s Three Decades of Depressive Stimulus Schemes

Japan’s Three Decades of Depressive Stimulus Schemes

– June 3, 2020

“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman

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What We Can Learn from Other Bear Markets Since the Late Sixties

– June 2, 2020

“The fiscal spigot of government largesse is more arbitrary; it will require a deeper understanding of corporate value to separate the wheat from the chaff. Sadly, markets will be no freer but they may, at least, be untethered from the coattails of the Fed.” ~ Colin Lloyd

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You Can Stop Rio Tinto Mining

You Can Stop Rio Tinto Mining…By Paying For It!

– May 30, 2020

“To prevent a mining company from using land sacred to someone else, there exists a payment of money such that the conflict can be resolved. You just have to find it, negotiate it, raise the money – and pay. In the age of vast crowdsourcing and rapid information, that shouldn’t be much of a problem.” ~ Joakim Book

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As Trust Withers, So Will Humanity’s Progress

As Trust Withers, So Will Humanity’s Progress

– May 30, 2020

“Government is tearing asunder a network of human relationships, a network of exchange fueled by love and trust. For the sake of humanity, by our choices, we must put it back together by our uncoerced and mutual regard for people.” ~ Barry Brownstein

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Dear Nail-Biting Lockdown Lovers: Capitalism Makes Your Choice Possible

– May 28, 2020

“All you nail-biting lockdown lovers can’t have it both ways. You can’t demand strict sheltering-in-place while also lamenting soaring billionaire net worth; that is, unless you think you could have easily quarantined in 2000. In which case you’re not just self-righteous, you’re also dishonest.” ~ John Tamny

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Financial Markets Work Without Coercion

– May 26, 2020

“Coercion is sure to diminish the positive contributions that financial markets make to the larger economy. Even worse, such coercion would violate the rights of the property owners whose voluntary choices give rise to financial markets.” ~ Donald Boudreaux

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Liberalism Was Born and Grew During Centuries of Pandemics

– May 26, 2020

“Liberalism, as we know it today, was formed not in recent times of peace and prosperity, but in the crucible of the 1600s and 1700s. Indeed, some authors trace liberalism’s roots all the way back to the fall of the Roman Empire.” ~ Jon Murphy

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Local Charity Is the Best Charity in the Time of COVID

– May 9, 2020

If you feel compelled to help others, leverage your local knowledge. Understand that the free market historically has been one of the greatest deliverers of social welfare in human history.

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Capitalism Is Still Working, Thank Goodness

– April 10, 2020

Economists rarely get to run field experiments for the whole economy. And thank goodness for that, because field experiments can be very damaging. But the coronavirus that every American has been dealing with for the last month has given us as close to a field experiment as we’re ever likely to get.

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No, Capitalism Did Not Fail

– April 7, 2020

Riding out storms and sharing risks across billions of people is a feature, not a bug, and the affluent capitalist nature of our institutions puts us in a better position to deal with them.

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A Government That Does Everything Can’t Do Anything Well

– March 30, 2020

The often-prescient Tyler Cowen commented not long ago that libertarianism, if it is to grow as a political movement, should embrace arguments for expanding state capacity in some areas. He named this approach “State Capacity Libertarianism” (SCL). I’m …

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Of Course Capitalism Can Save Nature

– March 6, 2020

Various schemes have turned rhinos and other scenic African animals from victims of the tragedy of the commons to valuable commodities that hunters and farmers and former poachers sustain, in no small part thanks to ecotourism.

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