Didi Chuxing’s IPO, Crackdowns in Hong Kong, and a China at Odds With Itself
“In any conflict between the U.S. and China, the most open country will be the winner. And China will be the loser the more that it treats its people and its greatest city badly. Let’s just not forget in the U.S. that the most effective way to reverse the CCP’s errors vis-à-vis the Uighurs and Hong Kong would be to remain as economically and personally free as possible.” ~ John Tamny
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Crimes Against Prosperity
“It is undeniable what policies lead to economic growth and what keeps people down. Leaders who believe otherwise will continue to blame everything but themselves for not only their failures, but their direct role in keeping their citizens impoverished and miserable. When people are free, they prosper, and when they are not, they suffer. It’s as simple as that.” ~ Ethan Yang
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Market Competition Is the Best Solution for Big Tech Power
“We have no right to post our opinions on another’s private property. The only real monopoly is the government itself or a business given a special privilege by the government. Government is the only entity that can legally use force and it is Big Government that is the real threat to liberty.” ~
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The Graduation Speech That I Would Have Given If Invited
“You’ll be part of a huge peaceful legion of people whose cooperation and peaceful competition within markets and civil society will change the world for the better, a little bit each and every day, and yet in ways that no one today can possibly foresee. Remember, open-endedness and unpredictability are good! Happy graduation!” ~ Donald J. Boudreaux
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The Devil Is in the Details and the Definitions: Education Defined in the Process of Its Emergence
“The place of CRT in the curriculum is better settled by the peaceful conversations that happen in markets rather than in rowdy public meetings. Instead of trying to plan what people should know from the top-down, it would be far better to loosen their bonds and see what emerges from the bottom up.” ~ Art Carden
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July 2, 1962: The Day Retail Changed Forever
“Nothing is stopping commentators or humanitarians from starting a competing enterprise–call it HeartMart–run by a team of executives who are just as able as the people running Walmart but who are less greedy and, therefore, positioned to create better jobs for the people Walmart is so ruthlessly exploiting without compromising shareholder returns, prices, or selection.” ~ Art Carden
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Supreme Court Grants Rare Win For Economic Freedom
“The Court’s decision marks a step in the right direction towards a judicial regime that enforces the Constitution and does not view it as simply a welcome mat for the ambitions of state actors. Although it is only one decision, it should send a clear signal that in this country, under this constitution, the inalienable rights of individuals shall be protected from the mob as well as the Leviathan.” ~ Ethan Yang
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We Pretend to Work and You Pretend to Pay Us
“Maybe we don’t need a highly organized, top-down revolution of government buildings and institutions in the shape that we historically recognize. Maybe a silent revolution is already on its way: collectively and individually we simply ignore the rules and ignore the rulers.” ~ Joakim Book
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Low Wages Are Not Proof that Workers Have Poor Bargaining Power
“Pouring salt into this economic wound, a minimum wage – by pricing these workers out of jobs – prevents them from getting the skills and experience that would enable them tomorrow to bargain for better jobs.” ~ Donald J. Boudreaux
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Cancel Hardware Stores, Not Amazon Prime
“Mutually beneficial exchange is one of the essential features of market processes, and it is pervasive throughout our interactions with Amazon—for consumers and producers—despite perceptions to the contrary. Policies devoted to curtailing those interactions make people worse off, and critics of Amazon should be aware of such consequences.” ~ Byron B. Caron III
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The Death of a Visionary Retailer Reminds Us of Private Equity’s Genius
“Instead of sitting on their hands, these investors are energetically reshaping commerce for the much better with their bold capital commitments. Rather than demonize private equity, we should cheer the progress that it personifies with an eye on reworking the tax code in order to encourage more of what’s mindlessly penalized.” ~ John Tamny
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The Woke Business Complex
“Just think, though, of the uproarious applause that would occur if governments would stop over-regulating and over-taxing economic agents and allow every human to thrive instead of diverting resources to the Woke Business Complex! But curbing government overreach would require a more ‘equitable’ distribution of political and soft power. Where’s the meme for that?” ~ Robert E. Wright
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