Topic: Capitalism

Cable News Likely to “Disappear” Within a Decade (and That’s OK)

“Schumpeter saw there would be a natural impulse to ‘conserve obsolescent industries,’ but he rightly understood this was generally a futile and self-defeating task.” ~Jon Miltimore

Before Joining the Boycott Bandwagon, Consider This

“We should all be thankful to live in a country where there are plenty of options for beer and bargain buys and that we have the power to vote with our dollars and voice our concerns.” ~ Kimberlee Josephson

Bill and Ted Take Joan of Arc to Walmart

“What I think is most striking about Walmart – and what I would hope Joan of Arc, Genghis Khan, Socrates, and others would notice – is that the floor-to-ceiling cornucopia is not restricted to the elites.” ~ Art Carden

The Myth of American Inequality and Stagnation

“The familiar trope of the rich getting richer, the poor getting poorer, and the middle classes treading water is disproved by devastatingly large amounts of empirical evidence.” ~ Donald J. Boudreaux

Why Intellectuals Hate Al Czervik

“Power, by which I mean political power, is always zero-sum: if the intellectual elite has it, you and I don’t have it.” ~ Michael Munger

Economic Growth Makes Graceland Less Impressive

“The real ‘capitalist achievement,’ however, isn’t Graceland. It’s the fact that compared to the stuff of the average person’s day-to-day life in 2023, Graceland just isn’t that impressive.” ~ Art Carden

Coronavirus and New Hope

Corporation Nation

Fubarnomics: A Lighthearted, Serious Look at America’s Economic Ills

The Dark Magic of Promotio Competitio

“There is no point in struggling if there is no end to be achieved. Promotio Competitio should be relegated to the corner of forbidden, dark magic. Instead, I suggest we embrace Freedom Protecto and Celebratio Successio.” ~ Robertas Bakula

Slavery and the 1619 Project: Phil Magness on Words & Numbers (Part Two)

“Phil Magness joins AIER Senior Editor James Harrigan and Antony Davies on the Words & Numbers podcast to discuss how the 1619 Project gets the history of, and the relationship between, slavery and capitalism wrong.” ~ AIER

Slavery and the 1619 Project: Phil Magness on Words & Numbers

“This week AIER’s Phil Magness joins AIER Senior Editor James Harrigan and Antony Davies on the Words & Numbers podcast to discuss how the 1619 Project gets the history and the relationship between slavery and capitalism wrong.” ~ AIER