Commentary If the term “consumer sovereignty” is unfamiliar to you, don’t feel bad; you have lots of company. Writing seven or eight decades ago, the great Austrian economist Ludwig von Mises (1881–1973) used the phrase “consumer sovereignty” as a synonym for “free enterprise” or “free-market economy.” In some ways, “consumer sovereignty” is superior to its…
Biden Orders Up More Socialist Government
Commentary “Government is not the solution to our problem; government is the problem,” said President Ronald Reagan during his inaugural address. Biden’s executive orders on equity will not make things more equal. On the contrary, they create more socialism and government control. On Feb. 16, President Joe Biden signed an executive order on Further Advancing Racial…
Consumers, Workers, and Monopolies: Free Markets Serve All
Commentary Consumers aren’t a mere slice of society; they aren’t some separable category from anyone else. Anyone who buys goods and services is a consumer. In a modern economy, a consumer can buy goods and services with help of a tool called money. Undoubtedly, money is a very important tool, and it is money that assures…
The Rise of the New Socialism—and What You Can Do About It
January 25, 2022
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Commentary In this article I want to explain that a rapid departure from the free market system (or what is left of it today) is taking place before our eyes, and that this is a development that endangers not only prosperity but also the peaceful coexistence of people in this world. To explain this to…
EpochTV Review: Bad Times Make Strong Men
Commentary In 2020 the Libertarian Party, in a move I found baffling, chose a college professor by the name of Jo Jorgensen as their presidential nominee. She was, in my opinion, an absolutely terrible candidate, even though she was a longstanding member of the Party. Whereas many male Libertarian Party members (and there are a…
Epoch TV Review: ‘I’m From the Government and I’m Here to Help’
Ronald Reagan’s famous quote has taken on a new meaning for many after 15 days to slow the spread of COVID-19, the disease caused by the novel coronavirus, morphed into more than 15 months of lockdowns and an increasing number of vaccination mandates springing up nationwide. Since the COVID-19 pandemic began in March 2020, American society as…
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