Capitalism
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As Trust Withers, So Will Humanity’s Progress
“Government is tearing asunder a network of human relationships, a network of exchange fueled by love and trust. For the sake of humanity, by our choices, we must put it back together by our uncoerced and mutual regard for people.” ~ Barry Brownstein
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Dear Nail-Biting Lockdown Lovers: Capitalism Makes Your Choice Possible
“All you nail-biting lockdown lovers can’t have it both ways. You can’t demand strict sheltering-in-place while also lamenting soaring billionaire net worth; that is, unless you think you could have easily quarantined in 2000. In which case you’re not just self-righteous, you’re also dishonest.” ~ John Tamny
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Financial Markets Work Without Coercion
“Coercion is sure to diminish the positive contributions that financial markets make to the larger economy. Even worse, such coercion would violate the rights of the property owners whose voluntary choices give rise to financial markets.” ~ Donald Boudreaux
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Liberalism Was Born and Grew During Centuries of Pandemics
“Liberalism, as we know it today, was formed not in recent times of peace and prosperity, but in the crucible of the 1600s and 1700s. Indeed, some authors trace liberalism’s roots all the way back to the fall of the Roman Empire.” ~ Jon Murphy
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Local Charity Is the Best Charity in the Time of COVID
If you feel compelled to help others, leverage your local knowledge. Understand that the free market historically has been one of the greatest deliverers of social welfare in human history.
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Capitalism Is Still Working, Thank Goodness
Economists rarely get to run field experiments for the whole economy. And thank goodness for that, because field experiments can be very damaging. But the coronavirus that every American has been dealing with for the last month has given us as close to a field experiment as we’re ever likely to get.
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No, Capitalism Did Not Fail
Riding out storms and sharing risks across billions of people is a feature, not a bug, and the affluent capitalist nature of our institutions puts us in a better position to deal with them.
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A Government That Does Everything Can’t Do Anything Well
The often-prescient Tyler Cowen commented not long ago that libertarianism, if it is to grow as a political movement, should embrace arguments for expanding state capacity in some areas. He named this approach “State Capacity Libertarianism” (SCL). I’m not sure you have to go that far, accepting a version of libertarianism that also takes the…
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Of Course Capitalism Can Save Nature
Various schemes have turned rhinos and other scenic African animals from victims of the tragedy of the commons to valuable commodities that hunters and farmers and former poachers sustain, in no small part thanks to ecotourism.
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Are We Seriously Debating Capitalism vs. Socialism Again?
Socialism is a movement not of the working classes but of the elites, born of arrogance, snobbery, and preposterous pretense, kept alive not from lived experience but the astonishing capacity of an ideologically soaked brain to live in denial of reality.
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As Trust Withers, So Will Humanity’s Progress
“Government is tearing asunder a network of human relationships, a network of exchange fueled by love and trust. For the sake of humanity, by our choices, we must put it back together by our uncoerced and mutual regard for people.” ~ Barry Brownstein
-
•
Dear Nail-Biting Lockdown Lovers: Capitalism Makes Your Choice Possible
“All you nail-biting lockdown lovers can’t have it both ways. You can’t demand strict sheltering-in-place while also lamenting soaring billionaire net worth; that is, unless you think you could have easily quarantined in 2000. In which case you’re not just self-righteous, you’re also dishonest.” ~ John Tamny
-
•
Financial Markets Work Without Coercion
“Coercion is sure to diminish the positive contributions that financial markets make to the larger economy. Even worse, such coercion would violate the rights of the property owners whose voluntary choices give rise to financial markets.” ~ Donald Boudreaux
-
•
Liberalism Was Born and Grew During Centuries of Pandemics
“Liberalism, as we know it today, was formed not in recent times of peace and prosperity, but in the crucible of the 1600s and 1700s. Indeed, some authors trace liberalism’s roots all the way back to the fall of the Roman Empire.” ~ Jon Murphy
-
•
Local Charity Is the Best Charity in the Time of COVID
If you feel compelled to help others, leverage your local knowledge. Understand that the free market historically has been one of the greatest deliverers of social welfare in human history.
-
•
Capitalism Is Still Working, Thank Goodness
Economists rarely get to run field experiments for the whole economy. And thank goodness for that, because field experiments can be very damaging. But the coronavirus that every American has been dealing with for the last month has given us as close to a field experiment as we’re ever likely to get.
-
•
No, Capitalism Did Not Fail
Riding out storms and sharing risks across billions of people is a feature, not a bug, and the affluent capitalist nature of our institutions puts us in a better position to deal with them.
-
•
A Government That Does Everything Can’t Do Anything Well
The often-prescient Tyler Cowen commented not long ago that libertarianism, if it is to grow as a political movement, should embrace arguments for expanding state capacity in some areas. He named this approach “State Capacity Libertarianism” (SCL). I’m not sure you have to go that far, accepting a version of libertarianism that also takes the…
-
•
Of Course Capitalism Can Save Nature
Various schemes have turned rhinos and other scenic African animals from victims of the tragedy of the commons to valuable commodities that hunters and farmers and former poachers sustain, in no small part thanks to ecotourism.
-
•
Are We Seriously Debating Capitalism vs. Socialism Again?
Socialism is a movement not of the working classes but of the elites, born of arrogance, snobbery, and preposterous pretense, kept alive not from lived experience but the astonishing capacity of an ideologically soaked brain to live in denial of reality.