Topic: Capitalism

“After the Revolution, You Will Like Going Camping!” G.A. Cohen’s Camping Trip Reconsidered

– May 5, 2021

“This doesn’t require a thought experiment: people vote for capitalism and against socialism in droves by trying to move to freer and more prosperous countries. Socialists might have laudable goals like feeding, clothing, and sheltering everyone–and I agree with these–but I would no more suggest socialism to treat poverty and inequality than I would prescribe leeches, mercury, and bloodletting to treat cancer.” ~ Art Carden


The Best Part of Life in the 21st Century? Not Being Dead

– March 31, 2021

“Is the modern world perfect for everyone? Of course it isn’t, but it’s trending in the right direction. The Covid pandemic has been a setback, but it has only delayed the day when everyone has first-world problems like a closet full of clothes with nothing to wear. That day is coming, though, and in our world of incremental progress, more of us will be there to see it.” ~ Art Carden


Do Some Workers And Business Owners Secretly Prefer Lockdown Misery?

– March 16, 2021

“About what’s been said, it should be stressed once again that it’s in no way a defense of the indefensible lockdowns. It’s merely an attempt to understand why some might prefer that the indefensible remain. One possibility is that a lack of competition is comfort for those who would prefer not to compete.” ~ John Tamny


Space Exploration Is Best Left to Machines

– March 5, 2021

“Human evolution has at best ground to a halt … and at worst is regressing. But machines march on and on. Whether they can eventually replace us in all ways is both definitional and a subject for another time. But in outer space? Yes, humanity will indeed boldly go where it hasn’t before. But in his creations, not in physical bodies.” ~ Michael Fumento


Better Fetters

– December 20, 2020

“Unlike the fetters that are imposed on us by government, those inherent in the voluntary arrangements of capitalism are bulwarks against the aggression of others, whose primary practitioner is government. In other words, effectively defined and enforced property rights create a capitalism that is more effectively fettered and far more productive for all of us than government-imposed fetters that restrict and violate them.” ~ Gary M. Galles


Book Review: Whole Foods Founder John Mackey Shows That Leaders Lead Others By Serving Them First

– December 12, 2020

“John Mackey leads by finding ways to lift those in his employ who will run through walls for someone who will put them in a position to thrive. Conscious Leadership is an essential book for helping readers understand that leadership isn’t decreed as much as it’s a consequence of the would-be leader serving those around him.” ~ John Tamny


In Memoriam: Walter E. Williams, 1936-2020

– December 5, 2020

“Williams was a towering intellect who made the economic way of thinking come alive to generations of undergraduates, graduate students, readers, and anyone who would listen. He suffered no fools, which incidentally appears as the title of the 2014 Free to Choose Network documentary on his life and work. To adapt an African proverb, the best time to start reading Walter Williams’ work is twenty years ago. The second best time is right now.” ~ Art Carden


The Passing of Esteemed Economist Walter Williams

– December 3, 2020

“Today, now more than ever, it is men like Walter Williams who are sorely needed to protect the ideas of freedom and prosperity. His work and efforts have educated countless people from the latest generation of economic thinkers to the average citizen who are now better equipped to understand the world around them. Perhaps it was his intention that through his tireless efforts he will have inspired countless more to pick up where he left off. If that was the case, I think he would be pleased to know he has succeeded.” ~ Ethan Yang


If Trump Were Serious About Making America Great Again, He Would Have Done This

– November 20, 2020

“If Trump is serious about making America Great Again, he will, on his way out, do the right thing and make sure Santa Claus never threatens our airspace or our borders ever again.” ~ Art Carden

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Not the “Entrepreneurial State”

– November 2, 2020

“Mazzucato describes herself as a fighter in a ‘discursive battle.’ Indeed. But if she wins the ‘battle’ in people’s minds about how innovation and markets work, we will retreat from the Great Enrichment, 1800 to the present, and the bettering of the wretched of the earth. Let’s not.” ~ “Deirdre Nansen McCloskey & Alberto Mingardi

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Unmasking Paul Krugman’s Misrepresentation of Ayn Rand

– October 28, 2020

“Ayn Rand’s way of individual freedom and free markets, at the end of the day, is the better one to be concerned about for saving lives in the face of the coronavirus, while the real killer in all this has been and is the misguided and harmful political paternalism for which Paul Krugman keeps so deeply yearning.” ~ Richard M. Ebeling


Walmart’s “Buy American” Commitment Won’t Make America Great Again

– October 26, 2020

“In its almost sixty years of existence, Walmart has revolutionized American retail and raised American standards of living by innovating in shipping, selling, and shopping. They certainly have the potential to continue doing so–but paying extra for stuff just because it was produced in the United States won’t help them or their customers in the long run.” ~ Art Carden