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Keyword: freemarkets

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  • Ronald Reagan on Prosperity: Free Enterprise Makes America Prosperous

    “America’s prosperity was not a gift from the government or anyone else. Free enterprise, not government, is the source from which our blessings flow.” I think that this quote by Ronald Reagan on prosperity just about perfectly sums up why we need to be mindful of government promises of prosperity. Yes, the government can implement policies that don’t constrain citizen action enough to limit wealth creation too much and we should always support politicians that promise those policies. But, frankly, any government action will only hurt the economy. The government might be here to help, but it’s like your idiot...
  • Price Controls Are Intellectual Property Theft by a Different Name

    10/27/2020 7:23:32 AM PDT · by Kaslin · 33 replies ^ | October 27, 2020 | Kristen Osenga
    In a mad scramble to shore up the senior vote before November's election, President Trump recently signed an executive order that would drop Medicare payments for many prescription medicines to the lowest price paid in other developed nations. Given the haste with which the president crammed through this plan, it should come as no surprise that the policy is myopic at best and downright reckless at worst. Yes, foreign governments pay less for drugs than we do in the United States. But President Trump fails to consider exactly why prices are lower overseas. Many other countries unilaterally dictate how much...
  • Equal Transactions

    10/13/2020 10:11:01 AM PDT · by DonaldAx · 2 replies ^ | 10/12/2020 | Donald Ax
    The previous article, Wealth is Created, leads us perfectly to this post. Some of the ideas in this article are from chapter two of Organic Wealth fittingly entitled, Equal Transactions. I’m not going to give away all the gold here; there’s much more that’s left out of this article. But please keep reading for enough nuggets for some mind blowing revelation. Free market capitalism produces new wealth. To put it another way, the so-called wealth pie just gets bigger. The reason the wealth pie grows is because our economic system is based on equal transactions. Just the idea that...
  • There’s Now a Ten Commandments for Capitalism

    09/28/2020 8:38:10 AM PDT · by Kaslin · 22 replies ^ | September 28, 2020 | Rachel Alexander
    Did you know that the consumption of the poorest 20 percent of Americans is roughly equal to that of the average Dutch or French person, and higher than that of the average Brit, Swede, Dane, or Japanese person? Our poor people are richer than the middle class of most nations! But how do we keep it that way?  Capitalism has allowed our nation to prosper. But it is always being pulled in different directions, usually to the left, as the government intervenes by increasing taxes, spending and regulations. America is being taken over by cronyism, which is based on connections...
  • Give NYC a Chance to Survive

    09/03/2020 3:25:03 PM PDT · by TBP · 35 replies
    Libertarian Republic ^ | August 18, 2020 | Bob DiCostanzo
    James Altucher, who might best be described as a renaissance man, recently wrote a sobering piece about New York City. Altucher is bearish on the city’s future for a variety of reasons. I don’t quite share his pessimism, especially considering all of the variables likely to affect a NYC comeback—the widespread availability of a vaccine, government policy, “pandemic fatigue,” technological innovations, etc. But I am confident in saying that if the city resists tearing down the barriers to innovation—high taxes, burdensome regulations and gratuitous mandates—recovery will be all the more difficult. I say this as someone who lives in Upstate...
  • When I Live Abroad, What I Miss Most About America Might Be Walmart

    07/24/2020 8:24:48 AM PDT · by Kaslin · 77 replies
    The Federalist ^ | July 24, 2020 | Emma Freire
    Walmart receives a lot of hate, but when it's not around, you realize how much you miss its low prices, well-stocked shelves, and wide selection of goods. I’ve been living abroad since 2012. People sometimes ask me what I miss most about America. The answer to that is easy: Walmart. I’m not kidding. Walmart blows my mind. It’s a monument to human ingenuity. The prices are unbelievably low, the selection is incredible, and each time I visit a Walmart, I am rendered speechless as I wander from gleaming aisle to gleaming aisle. Currently, I live in Brazil. I’ve also lived...
  • An Underappreciated American Scholar

    06/27/2020 3:54:02 AM PDT · by Kaslin · 21 replies ^ | June 27, 2020 | Walter E. Williams
    Dr. Thomas Sowell has been both a friend and a colleague of mine for over a half-century. On June 30, he will have completed his 90th year of life, and I want to highlight some important features of that life. Sowell was born in Gastonia, North Carolina, in 1930. As part of the Great Migration northward during the 1930s and '40s, he and his family moved to Harlem, New York. Sowell attended the prestigious Stuyvesant High School but dropped out. In 1951, he was drafted into the military and assigned to the U.S. Marine Corps, where he became a photographer....
  • Pope Francis’ Marxist Adviser, Naomi Klein

    09/26/2015 3:19:25 PM PDT · by dontreadthis · 19 replies
    Independent Sentinel ^ | June 30, 2015 | S. Noble
    A very high profile anti-Capitalist from Canada named Naomi Klein has been invited by Pope Francis to join forces with Climate Change activist and senior aide to the Pope, Cardinal Peter Turkson. Together they will lead a prominent conference on the environment with churchmen, scientists, and activists. The conference will exclude climate change doubters and moderates. The Pope had walked back some of his comments on the economy which were anti-Capitalist but Klein says he got it right the first time – we need to overturn Capitalism. Klein spoke at Occupy Wall Street, is, according to the guardian, is a...
  • In a Free-Market Health Care System, Physicians and Nurse Practitioners Could Coexist

    03/14/2020 9:23:20 AM PDT · by Kaslin · 16 replies ^ | March 14, 2020 | AnneMarie Schieber
    If it seems like nurse practitioners are taking care of patients more often, this is not a mere perception. This is reality. And this is not due to coronavirus overwhelming the health care system. This has been happening for years. In February, Health Affairs reported the number of nurse practitioners (NPs) more than doubled from 2010 to 2017. In today’s health care system—where it can take weeks to see a doctor—this is welcome news, unless you’re a physician. Physicians worry NPs will put them out of business and their concern is not far-fetched. In Chicago, 15 physicians at suburban immediate...
  • Private Sector Competition Will Result in more EV Charging Stations

    02/15/2020 4:47:43 AM PST · by Kaslin · 50 replies ^ | February 15, 2020 | Jesse Grady
    The New York Times pointed out that there were as many commercials for electric vehicles during Super Bowl LIV as there had been between 2011 and 2019 combined. GM teased the upcoming GMC Hummer EV, Audi promoted its e-Tron Sportback, and Porsche showed off its new Taycan. While these commercials highlighted the new vehicles getting ready to hit the road, they did not acknowledge a much less flashy but still critically important issue: transitioning to this greener future will require charging infrastructure that can fuel the nation as effectively as gas stations currently do. And as a nation we are...
  • Remembering Gertrude Himmelfarb, a Voice of Moral Clarity in a Time of Moral Confusion

    01/09/2020 1:01:42 PM PST · by Tolerance Sucks Rocks · 8 replies
    The Daily Signal ^ | January 7, 2020 | Timothy Goeglein
    America has lost a voice that strongly and consistently provided the road map to steer us away from the political and cultural abyss we currently face. That voice belonged to historian Gertrude Himmelfarb, who died Dec. 30 at age 97. Gertrude spoke passionately about how our most important institutions—families, communities, churches, and private enterprise—must be “remoralized,” as it is only through a strong civil society that we can have a strong nation. In her words, people learn to function as “free, responsible, moral adults” in these institutions and apply that responsibility and morality as citizens of a nation. But she...
  • Are Conservatives Soul-Searching in the Wrong Places?

    01/09/2020 12:40:13 PM PST · by Tolerance Sucks Rocks · 10 replies
    Return to Order ^ | December 2019 | John Horvat II
    A brutal business climate and societal breakdown have brought major changes to America. In response, many Americans, especially conservatives, are soul searching for something more compassionate for those left behind. Unfortunately, they are looking in the most unlikely places: business and government. They will likely be searching for a long time. The controversy over this shift in mentality erupted with the publication of a Wall Street Journal advertisement in which major firms pledge a commitment to “stakeholder” capitalism, which holds businesses should be run having all society, not just shareholders, in mind. Sen. Marco Rubio’s (R-Fla.) stirred the pot with...
  • Top Marxist Throws Socialism and Communism Under the Bus

    12/12/2019 11:02:09 AM PST · by PPSman · 18 replies ^ | December 12, 2019 | Robert Wenzel
    A debate took place last month at the SoHo Forum. The proposition before the debaters was "Socialism is preferable to capitalism as an economic system that promotes freedom, equality, and prosperity." Arguing in the affirmative was Richard D. Wolff, the preeminent American Marxian economist. He is Professor Emeritus of Economics at the University of Massachusetts Amherst, and currently a Visiting Professor in the Graduate Program in International Affairs of the New School University in New York. Opposing was Gene Epstein, the former economics editor of Barron's Magazine. The debate itself wasn't that interesting. Wolff is a skilled communicator and drove...
  • The Totally, Utterly Irrefutable Case Against Socialism

    07/16/2019 1:49:54 PM PDT · by Tolerance Sucks Rocks · 24 replies
    The Daily Signal ^ | July 11, 2019 | Lee Edwards
    When a dozen of conservatism’s best minds take on Socialism and expose it for the utopian fraud it is, attention must be paid. In a brief foreword to a special issue of National Review, Editor-in-Chief Richard Lowry admitted that many conservatives thought socialism in America had been “vanquished” after the collapse of Soviet Communism 30 years ago. But as T. S. Eliot insisted, “There is no such thing as a Lost Cause because there is no such thing as a Gained Cause.” The experts examine socialism in its many guises, beginning with Charles Cooke’s blunt assessment that socialism is not...
  • How conservatives in California — and nationally — could turn America around

    06/25/2019 7:56:48 PM PDT · by Tolerance Sucks Rocks · 31 replies
    The Hill (of all places) ^ | June 25, 2019 | Lewis K. Uhler and Peter Ferrara
    Recently, California Gov. Gavin Newsom — who makes former Gov. Jerry Brown look like a conservative — declared that the national Republican Party is headed for the “waste bin of history” because of its policies. This from one who wants universal (taxpayer-supported) health care for undocumented migrants in California and taxpayer-supported preschool for all 3-year-olds by the same public school system that is failing elementary and high school students, with no solution for the many homeless in cities of the Golden State. California can be saved from the progressives seeking the Democratic presidential nomination by broadening the base of commonsense...
  • Socialism, the True Gospel of Greed

    06/12/2019 5:14:52 PM PDT · by Tolerance Sucks Rocks · 20 replies
    The Daily Signal ^ | June 12, 2019 | Ed Feulner
    “Tonight, we renew our resolve that America will never be a socialist country.” That’s from President Donald Trump’s last State of the Union address. I’m sure many people found it as encouraging as I did, especially in light of surveys indicating that socialism is gaining popularity here in the United States. And not just at the fringes. One recent Gallup poll showed 4 out of 10 Americans have a favorable impression of socialism. Almost half—47%—said they would vote for a socialist candidate for president. But don’t despair just yet. The same poll also revealed that almost 2 out of every...
  • Roberts: Why the GOP’s Strategy to Combat the Rise of Socialism Rings Hollow

    06/08/2019 8:21:44 AM PDT · by Tolerance Sucks Rocks · 18 replies
    Breitbart ^ | June 07, 2019 | David Thomas Roberts
    The GOP is figuratively licking their chops, awaiting the new socialists in the Democratic Party to put their socialist extremism on full display for the entire country in the upcoming Democratic presidential debates. A 2018 Gallup Poll indicated Americans aged 18 to 29 are more positive about socialism (51%) than capitalism (45%). And, in the most recent May 2019 Gallup Poll, more than four in ten Americans believe socialism would be good for the country. Has the GOP forgotten that the avowed socialist Bernie Sanders won 23 states and 19 million-plus votes in the primary? Could that result be a...
  • America Finally Admits Recycling Doesn’t Work

    04/24/2019 12:12:43 PM PDT · by Tolerance Sucks Rocks · 95 replies
    The Foundation for Economic Education ^ | March 21, 2019 | John Miltimore
    A couple of years ago, after sending my five-year-old daughter off to school, she came home reciting the same cheerful environmental mantra I was taught in elementary school. “Reduce, reuse, recycle,” she beamed, proud to show off a bit of rote learning. The moral virtue of recycling is rarely questioned in the United States. It has been ingrained into the American psyche over several decades. On a recent trip to the Caribbean, my friend’s wife exhibited nervous guilt while collecting empty soda, water, and beer bottles destined for the trash since our resort offered no recycling bins. “I feel terrible...
  • Helping Ourselves By Helping Taiwan

    03/30/2019 8:11:48 AM PDT · by Kaslin · 8 replies ^ | March 30, 2019 | Ed Feulner
    I’ve visited Taiwan more than 120 times over the past 47 years, and every time I do, I’m impressed by its economic achievements and dynamism. Taiwan’s economy is a model for Asia and beyond. Over the past 25 years, it has weathered several regional and global economic downturns. Yet it has emerged from these crises as competitive as ever. Today it’s the world’s 10th freest economy, having recorded its highest score ever in the 2019 Index of Economic Freedom. Taiwan and the United States have a long and honorable history. Our peoples joined in a common cause and fought to...
  • No President Trump, Prescription Drug Prices Can't Be Reduced by Decree

    02/11/2019 2:15:54 PM PST · by Tolerance Sucks Rocks · 97 replies
    Real Clear Markets ^ | February 7, 2019 | Daniel Savickas
    After President Trump’s State of the Union Address, there seems to have emerged one common thread that is uniting the two parties. Both agree that the cost of prescription drugs is far too high in the United States. Trump mentioned it in his speech, and the theme has been invoked in countless post-speech interviews by elected Democrats. America spends far more per capita on healthcare than other developed nations, and yet drug prices here dwarf those in other countries. In one analysis carried out by Reuters, researchers found that top-selling drugs in the U.S. cost roughly triple what their counterparts...