Topic: Free Markets

If Only Someone Made the Moral Case for Capitalism

– May 6, 2023

“If only there were someone who could have warned the new intellectuals that they ‘must fight for capitalism, not as a ‘practical’ issue, not as an economic issue, but, with the most righteous pride, as a moral issue. That is what capitalism deserves, and nothing less will save it.'” ~ Robertas Bakula

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Ideas and Consequences: Seeing Visions Everywhere

– May 5, 2023

“My vision is that we learn how to dress up a grumpy realism in snazzier clothing, and capture the noble aspirations of the unconstrained visionaries among us.” ~ Bruce Rottman

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On Fed Reforms, Ramaswamy Swings and Misses

– May 4, 2023

“Ramaswamy’s arguments reveal he is unfamiliar with the ins and outs of monetary policy. His suggestions are poorly motivated and won’t result in a stronger economy. He’ll need to do better if he wants to rein in the Fed.” ~ Alexander William Salter

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Sanguine about the State: A Critique of Political Science

– May 2, 2023

“Political scientists should be less sanguine about the concept of the state itself and more welcoming to the concept of governance through spontaneous order. And that is because non-state organization entails less coercion.” ~ James E. Hanley

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A Doctor Dissents from Statist Orthodoxy

– May 2, 2023

“There are, however, some doctors who aren’t afraid to make the case for freedom, both in medical care and in all other aspects of our lives. One of them is Dr. Miguel Faria.” ~ George Leef

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What’s Called “Common Good Capitalism” Would Work Against the Common Good

– May 1, 2023

“Because innovation is destined not only to reveal new ends that must be fitted into — and, hence, disrupt — the ‘common good capitalist’ plan, but also to create new and unanticipated means of pursuing ends, innovation must be suppressed if any ‘common good capitalist’ plan is to be seriously imposed.” ~ Donald J. Boudreaux

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Biden’s Bad Bet: How Regulation Kills Economic Growth

– April 30, 2023

“We need to do two things to clean up this mess: unshackle the economy and shackle the administrative state. Bureaucrats and their political enablers can’t be trusted to curb their ambitions, so we must do it for them.” ~ Alexander William Salter

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When Flying Is Freedom

– April 29, 2023

“The freedom private pilots enjoy, pointing their aircraft in any direction the birds fly, is a testament to the potential for other markets to also operate in a similar manner, without overbearing regulatory apparatuses.” ~ Craig J. Richardson

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Progressive Interest Rates?

– April 27, 2023

“Whatever one thinks about a proportional income tax, the principle of declining marginal significance of income doesn’t justify progressive income tax rates. Neither does it justify progressive mortgage interest rates.” ~ Charles W. Baird

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It Depends—Is This an Economics Exam or the Real World?

– April 25, 2023

“Because of how important it is to recognize the initial questions which must be asked to move toward large numbers of real-world judgments, I have modified my exams to force students to confront those issues on occasion.” ~ Gary M. Galles

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Some Factual and Economic Errors of “Common Good Capitalism”

– April 25, 2023

“Arguments for ‘common good capitalism’ are chock-a-block both with factual errors and faulty economic reasoning of a sort not found in arguments for true capitalism.” ~ Donald J. Boudreaux

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What Are We For? A Challenge for Classical Liberals in the Academy

– April 24, 2023

“The solution, the way to navigate the rapids downstream of where we are now, is clear, but not easy. It is to refocus on making the moral case for capitalism, on providing a positive, optimistic vision of the world that can be remade.” ~ Michael C. Munger

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