Fortunately for its citizens, but unfortunately for those who think Sweden is still socialist, the Swedish government, more or less by universal consensus, turned sharply back toward capitalism beginning in about 1995. BY MICHAEL MUNGER Josh Billings famously diagnosed a problem with beliefs: “I honestly believe it is better to know nothing than to know what […]
Big corporations and big government go hand-in-hand. Washington Examiner writer Timothy Carney states that, “as the federal government has progressively become larger over the decades, every significant introduction of government regulation, taxation, and spending has been to the benefit of some big business.” We must stand together and call for an end to all forms of corporate […]
In the new nation that Democratic Rep. Ilhan Omar of Minnesota seeks to create, the “capitalist system” will be left behind in pursuit of a “fair and just economy” where the federal government guarantees everybody jobs, housing, health care and free abortions. How can we know this? She has declared it in writing. Omar’s campaign […]
“A guy looked at my airplane the other day and said I wonder how many people I could have fed for the price of that airplane… I replied I am not sure, it fed a lot of families at the Dassault factory where it was built. I’m sure it fed a bunch of families that […]
While some countries like Venezuela remain stuck with socialism, others are quietly transitioning from repression to openness. Uzbekistan is one of those countries. Though it still has a very long way to go, it is now transitioning from a command-and-control economy to a market-based economy, propelled by a wide range of reforms. To be clear, […]
The future of Obamacare moderated by CNN’s Jake Tapper and Dana Bash. Cruz and Sanders — two senators with diametrically opposed views of government’s role in health care — faced off at the primetime event and fielded questions from the audience, consisting of both defenders and critics of the Affordable Care Act.
By David R. Legates Experimentation is a major tool in the scientist’s arsenal. We can put the same strain of bacteria into two Petri dishes, for example, and compare the relative effects of two different antibiotics. What if we could do the same with economic systems? We could take a country and destroy its political […]
Is capitalism moral or greedy? If it’s based on greed and selfishness, what’s the best alternative economic system? Perhaps socialism? And if capitalism is moral, what makes it so? Walter Williams, a renowned economist at George Mason University, answers these questions and more. Is capitalism moral? Walter Williams says yes, it is the most moral […]
Hillary Clinton is not the only prominent, rich liberal who is having trouble articulating their vast concern for the poor and income inequality. Recently, there has been a rash of major liberal figures downplaying the fact that American capitalism has been quite good for them, while attempting to hamstring it for the rest of America. […]
An Israeli startup said on Tuesday that it was working to develop a bio-organic system that can recharge a smartphone battery in just 30 seconds. Tel Aviv-based StoreDot’s prototype battery and charger is currently being tested with Samsung’s Galaxy phones, but the startup’s founder and CEO Doron Myersdorf told AFP that a product compatible with […]
