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The model of government ownership and management is an anachronism. Change the fundamentals. That way, we can look back at these days and say with confidence: we did good.
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If nuclear power is cheap, clean, and efficient, of course, that spells trouble for traditional fossil fuel producers and users.
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Instead of striving for a theoretical ideal of perfection, markets are supercomputers of epic proportions, leveraging the information and motivation of every individual to make sure the right resources get to the right places at the right time.
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Amazon has changed the landscape for small retailers in for more interesting ways than a simple narrative can convey.
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For China to crack down on its supposed violators of IP, import US law as its own, permit US courts to enforce it, and acquiesce to every other point demanded by the US, even if these impossibilities were possible, would end in making its economy less free, less productive, and more dangerous for free enterprise.
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Four million people, nearly all strangers to each other, are hurrying about to work and play, and doing so in ways that are remarkably orderly and productive — and all, of course, absent any overall design or direction.
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His talent produced the music that became the soundtrack to my life. He never knew that. None of us know who we influence and how.
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The Whole Foods brand has grown and Amazon’s stock soared. More importantly, this takeover woke up retail giants such as Kroger, whose stock suffered a great hit following the purchase. So when experts alerted the world early in 2018 that Amazon was going to purchase Target as well, everyone paid attention.
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The sharing economy has made sharing our private property and time more than acceptable; it’s made it a glamorous occupation. As millennials transform side hustles into how they make a living, yet another aspect of our personal lives is becoming fair game: our closets.
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To save lives by ensuring that large-scale, sophisticated repairs for dilapidated buildings are swiftly and efficiently undertaken, the Cuban government must free the market for capital goods.
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More effective than any government program would have been, the introduction of the internet, increased access to birth control, and the increased awareness that came from a popular TV show obviously helped generations of teens to make better decisions about their own lives.
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The market provides, even when nobody expects it to. That’s the lesson we’ve learned from Walmart, whose Texas mental health clinic is helping customers in need.
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