All Posts Tagged With: "free market"
It’s All State Capitalism
David Brooks, the New York Times resident conservative op-ed writer, is power’s best friend.
18Jun2010 | Sheldon Richman | 20 comments | ContinuedCompetition and the Limits of Sports Analogies
Unlike in sports where for every win there is a loss, in economic competition, a win by one firm is not completely offset by a loss for another.
3Jun2010 | Steven Horwitz | 8 comments | ContinuedSpeechless
Wisdom from the New York Times editorial board: It was only government power that ended slavery and abolished Jim Crow, neither of which would have been eliminated by a purely free market. Did an intelligent, educated person actually type those words? Did an editor actually approve them for publication? Can anyone in that place think [...]
23May2010 | Sheldon Richman | 1 comment | ContinuedThe Right to Work
The people of Louisiana must sleep soundly knowing that their state protects them from . . . unlicensed florists. That’s right. In Louisiana, you can’t sell flower arrangements unless you have permission from the government. How do you get permission? You must pass a test graded by a board of florists who already have licenses. [...]
20May2010 | John Stossel | 16 comments | ContinuedSelf-Regulation in the Corporate State: The BP Spill
When companies are sheltered from the market’s disciplinary competitive forces, incentives turn perverse.
14May2010 | Sheldon Richman | 56 comments | ContinuedRegarding the Oil Spill
“Self-regulation” in a corporate-state context is not the free market. The oil companies reportedly opposed government regulation supposedly intended to prevent spills, saying they could monitor themselves. They prevailed in that contest, but although new regulation was held in abeyance, pro-industry intervention dating back many years was never repealed. So the choice has been between [...]
11May2010 | Sheldon Richman | 1 comment | ContinuedThis Partnership Will Endure
My letter to the Arkansas Democrat-Gazette appeared Sunday: Paul Greenberg’s recent column on the government vs. Goldman Sachs was excellent. But he missed one important point. He writes: “It happens with partners. So long as the business is growing, the money’s rolling in, and everything’s coming up green, they’re the best of friends. But when [...]
11May2010 | Sheldon Richman | 1 comment | ContinuedNew Hope for Africa’s Most Populous Nation
When riots surrounding the Miss World beauty pageant in Nigeria claimed more than 200 lives last November, a horrified world thought it was observing religious fanaticism run wild. Widespread reports blamed the bloodshed on an article in a local newspaper, in which the author stated that if the prophet Mohammed were around today he might [...]
19Apr2010 | Lawrence W. Reed | 2 comments | ContinuedLet’s Take the “Crony” Out of “Crony Capitalism”
When Judge Richard Posner, the prolific conservative intellectual, released his book A Failure of Capitalism: The Crisis of ’08 and the Descent Into Depression last year, you might have thought the final verdict was in: Capitalism caused the economic downturn and high unemployment. That this verdict was pronounced by someone like Posner, who is associated [...]
24Mar2010 | John Stossel | 4 comments | ContinuedHow Shall We Live?
What is civilization and how is it to be achieved? How can we live together in peace and social harmony? What is wealth and how do we acquire it? Why are so many people poor and why do they remain poor? Finally, are there objective standards of behavior that must be respected if societies are [...]
24Mar2010 | and Paul A. Cleveland | 1 comment | ContinuedCapitalism versus the Free Market
My lecture “Capitalism versus the Free Market,” sponsored by the Future of Freedom Foundation and held at George Mason University Monday night, can be viewed here. Economic Liberty Lecture Series: Sheldon Richman from The Future of Freedom Foundation on Vimeo.
2Mar2010 | Sheldon Richman | 1 comment | ContinuedThe Market Doesn’t Ration Health Care
Health care “reformers” say they have two objectives: to enable the uninsured and underinsured to consume more medical services than they consume now and to keep the prices of those services from rising, as they have been, faster than the prices of other goods and services. Unfortunately, Economics 101 tells us that to accomplish those [...]
24Feb2010 | Sheldon Richman | 9 comments | ContinuedUnmasking the Sacred Lies
Unmasking the Sacred Lies is an excellent introduction to the major economic policies of the United States. Author and Freeman contributor Paul A. Cleveland traces the history of those policies up to 2008, explains their effects, and explores their alignment with the nation’s founding principles. The book aims to “shed light on the underlying lies [...]
5Jan2010 | Joseph G. Lehman | 1 comment | ContinuedThe Legal Foundations of Free Markets
The Legal Foundations of Free Markets, a recent book from the veteran British free-market Institute of Economic Affairs, brings together essays by nine leading experts in law and economics that delve into the interface between the legal system and the economy. The book blends historical analysis, economics, and legal theory, yielding many penetrating insights. Each [...]
5Jan2010 | George C. Leef | 2 comments | ContinuedTGIF: What Next?
Liberty always walks uphill. Read the rest here.
1Jan2010 | Sheldon Richman | 0 comments | ContinuedWhat Next?
Before we can work to change things, we must know what we are trying to change. Have a happy, healthy, productive New Year. We have work to do.
1Jan2010 | Sheldon Richman | 4 comments | ContinuedThe Health Care Debate Has Been “Meaningful”? It Just Ain’t So!
There is a clash of fundamental values in the health care debate, but it’s not within conventional electoral politics. The real debate is between politics as a means of providing health care and a freer, more humane alternative: consensual social organization.” Read the rest of Charles Johnson’s article at TheFreedomOnline.org.
22Dec2009 | Sheldon Richman | 0 comments | Continued-
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