President Joe Biden’s economic policy, termed “Bidenomics,” is, in fact, government intervention in the economy reflecting a distrust of markets’ self-regulating abilities, an economic researcher said. Bidenomics reflects the belief that the government can deliver better economic results via industrial policies, such as tariffs, subsidies, tax privileges, and other policies, than reliance on the free…
‘Bidenomics’ Is Expansion of Government Intervention in Economy: Researcher
The Free Market as All-Purpose Scapegoat
Commentary The Sunday New York Times a week ago featured a lead, front-page article titled, “Failures of Globalization Shatter Long-Held Beliefs,” rattling off a litany that included COVID, Russia’s invasion of Ukraine, the Trump administration’s tariff-based pushback on China’s economic warfare against the free world, the 40-year-high inflation coinciding with President Joe Biden’s big-spending presidency, global…
Libertarian Argentine Breaking the Leftist Mold in South America
Argentina is gearing up for a highly anticipated election in October, and with the country facing economic turmoil, voters are looking for a change. With an annual inflation rate of 109 percent, a rapidly depreciating black-market peso, and a severe drought affecting a large part of the country, the electorate has undergone a dramatic shift….
Is America Still a Capitalist Society? The Case for Letting the Market Speak
Commentary In theory, America is a capitalistic society. One beautiful part about capitalism is that everyone gets to participate. If you create value, you get rewarded for it. If you invent something new and create a lot of value, you get rewarded handsomely for your effort. However, the flip side of living in a capitalistic…
The Tuttle Twins: Countering Woke Propaganda With Family, Humor, and Freedom
To counter the blatant woke indoctrination of youth today, author Connor Boyack and writer and director Jonny Vance speak about the premiere of Season 2 of their animated kids series “Tuttle Twins.” The series teaches children fundamental concepts about the free market and personal liberty. The creators seek to listen to parents and provide family…
The Four-Day Work Week and Bernie
Commentary Some 61 varied British businesses with a total of 2,900 employees over the course of six months recently participated in the largest experiment ever of a four-day work week, effectively providing their workers with a paid day off a week. Conducted by the British think tank Autonomy, two nonprofits, and researchers at Cambridge and…
Epoch Cinema Documentary Review: ‘The Call of the Entrepreneur’
Commentary In many of today’s popular media, such as films, TV, and literature, capitalism is often maligned. Capitalists, particularly entrepreneurs, are often portrayed as inherently morally compromised and self-aggrandizing scumbags who don’t care about anyone else but themselves. This negative stereotype is reinforced through numerous movies such as “American Psycho (2000)” and far-left filmmaker Michael…
The Choice for Conservatives: America’s Commercial Republic or State Capitalism?
Commentary Conservatives have a disposition to believe that there is little new under the sun. It is why conservative thinkers study the past as a guide to understanding the present and shaping the future. They show a reverence for arrangements, and the ideas that support them, inherited from the past—unlike their postmodern opponents on the…
Inflation by Design
Commentary Years ago, one of my high school teachers showed us the great essay by Leonard Read called “I, Pencil.” We used pencils in those pre-internet days, and my “young mind full of mush” (hat tip to Rush Limbaugh) was inspired by the essay’s message: the common pencil, in its components, is extraordinarily complex and the…
Myth Versus Ideology: Why Free Market Thinking Is Nonideological
Commentary I’ll begin with a provocative thesis: socialism is ideological and free market thinking, while involving myth, is nonideological. I will show why socialism is ideological and why free market thinking involves myth but is nonideological by defining the terms myth and ideology and distinguishing them from each other. The term “myth” has several connotations….
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