Capitalism
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With Capitalism, Cooperation Is Just as Important as Competition
“Unlike the common condemnation of markets as the antithesis of cooperation, Leonard Read recognized, with Ludwig von Mises, that competitive markets comprise ‘a system of mutual cooperation,’ where ‘the function of competition is to assign to every member of the social system that position in which he can best serve the whole of society and…
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Fish, Rice and What the Green Movement Really Stands For
“The idea is always to lock us down both in terms of population and consumption and woe to anyone or anything that allows more consumption with equal or fewer resources. Don’t fall for the safety arguments. The argument is against capitalism and humanity. That’s no fish story.” ~ Michael Fumento
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Capitalism Can’t Fix An Artificial Labor Shortage
“Governments only have spending power and faux swagger insofar as they arrogate to themselves a rising percentage of the production created by capitalistic endeavor. In other words, capitalism is the source of congressional largesse. In 2020, Congress chose to use the wealth extracted from capitalists in order to make hiring quite a bit more expensive…
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The Industrial Revolution Was Not a Wash!
“The findings of these recent articles are incredible for anyone seeking to bridge the divide between scholarly knowledge and the popular imagination. They show that even the worst-case scenario implies that the Industrial Revolution constituted a momentous and positive development in terms of the quality of life of the poorest.” ~ Vincent Geloso
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“After the Revolution, You Will Like Going Camping!” G.A. Cohen’s Camping Trip Reconsidered
“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…
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The Best Part of Life in the 21st Century? Not Being Dead
“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…
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Do Some Workers And Business Owners Secretly Prefer Lockdown Misery?
“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…
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Space Exploration Is Best Left to Machines
“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…
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Better Fetters
“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…
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Book Review: Whole Foods Founder John Mackey Shows That Leaders Lead Others By Serving Them First
“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…
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In Memoriam: Walter E. Williams, 1936-2020
“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…
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The Passing of Esteemed Economist Walter Williams
“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…
