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Tag Archives: capitalism
The Morality Of Capitalism
In an op-ed piece for the Washington Post, Steven Pearlstein suggests that the nation is caught up in a historic debate over free-market capitalism and poses the question: is capitalism moral? Pearlstein points out that over the last thirty years, the experiment with communism has been “thoroughly … Continue reading
Posted in Economy, Politics
Tagged antitrust, big government, capitalism, competition, current events, free markets, liberal mind, morality, Steven Pearlstein
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Serving People
The Washington Post is reporting that Jay Rockefeller, senator from West Virginia, will not seek reelection after serving almost 30 years in that position. It surely has to be reckoned as a flaw of democracy when voters of a state or … Continue reading
Posted in Economy, Politics
Tagged big government, capitalism, collective action, economy, free markets, serving people
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Obama’s Philosophy Of Government
With the election rapidly approaching, liberals are working to convince voters to support Obama. Some of the arguments amount to nothing more than saying that Obama is the candidate most likely to put and keep 315 million Americans squarely under the thumb of centralized government. … Continue reading
Posted in Economy, Politics
Tagged auto bailout, big government, capitalism, central planning, current events, election, free stuff, Jonathan Cohn
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Heavy Taxation Of The Wealthy
Richard Posner is one of the great jurists and legal scholars of our time. No matter what topic (he is a prolific writer on many subjects), Posner can be counted upon to make thoughtful and interesting arguments, usually from a … Continue reading
Posted in Economy, Politics
Tagged budget deficit, capitalism, current events, economy, politics, Richard Posner, taxation
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Break Up The Big Banks
There may be some hope for the economy after all, but only if Romney wins the election and takes George Will’s advice to break up the big banks. The top ten banks now account for 61% of the commercial banking assets in … Continue reading
Posted in Economy, Politics
Tagged big banks, business, capitalism, current events, too big to fail
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Mob Rule
According to Slate’s Raul Gallegos, Hugo Chavez has run Venezuela’s state run oil company into the ground to the point where it is now paying its suppliers with IOUs. Gallegos characterizes this as a lesson in “oil wealth mismanagement,” but I think it can also … Continue reading
Saving American Capitalism
Steven Pearlstein’s long, rather useless article (doesn’t even mention Hayek or Friedman) about saving capitalism contains several questionable comments. For example, he suggests that conservatives reject the notion that it “takes a village to create a successful company.” This is a straw man; everyone knows that we live … Continue reading
Difference In Kind
In her WSJ column, Kimberley Strassel outlines what Americans can expect to see from Obama in a second term: higher taxes, greater spending, growing deficits, fine tuning of the regulatory apparatus, and continued decline of American influence in foreign affairs. She correctly concludes that … Continue reading
Posted in Economy, Healthcare, Politics
Tagged big government, capitalism, central planning, price controls
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The Liberals’ Orwellian Strategy
Using Medicare as the backdrop in a recent post, Matthew Yglesias claims that the difference between an economy based on markets and competition and an economy that is centrally planned (of the sort that Obama desires) is “superficial.” According to Yglesias, both types of economy are … Continue reading
Posted in Economy, Healthcare, Politics
Tagged capitalism, central planning, Orwellian
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