Tag: capitalism
How To Be a Good Neighbor by Being a Role Model — The United States, Mexico, and Economic Freedom

Role modeling economic freedom and open trade are the correct policies long term, not only for the United States, but also for its neighbors and trade partners around the world.

President Trump and the Popularity of Socialism

The Cold War, which effectively ended thirty years ago with the collapse of the Berlin Wall, was a contest between the capitalist democracies of the West against the socialist dictatorships of the East. The result was a decisive victory for capitalism and democracy. Now, with the rise of self-described socialists like Bernie Sanders and...
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Sen. Rand Paul Eviscerates the Left in His New Book, The Case Against Socialism

Socialism has been tried on six continents and in numerous countries, but always with the same failed result. Despite geographic, economic, and other national differences, the experience of socialism follows a consistent trajectory, with its trademark features—poverty, shortages of resources, and repression—always on display. Senator Rand Paul’s new book, The Case Against Socialism, is...
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W. Dieter Tede (1933-2019)

I was privileged to present a tribute at the memorial celebration for the life of Wolfgang Dieter Tede, on Saturday, October 19, 2019, at the St. Francis Yacht Club in San Francisco. He was a member of the Board of Directors of the Independent Institute for over twenty years, and here is an edited...
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Inequality: Capitalism’s Biggest Challenge

One of the most frequent shortcomings of capitalism cited by capitalism’s critics is inequality.

BS Plus AOC Plus USPS Equals Socialist Banking

Vermont socialist and presidential candidate Bernie Sanders wants to expand the USPS into banking.

Comparative Economic Systems

With socialism’s rising popularity, it may be time to bring back courses in Comparative Economic Systems.

Free-Market Ideology?

Free and uncoerced exchange among individuals is not an ideology.

Capitalism’s Biggest Enemies Are Capitalists

Capitalism is by far the most effective anti-poverty program in the world’s history.

Pope Francis’s Failure to See Entrepreneurs as Good Samaritans Undercuts the Poor

On April 25, a videotaped talk by Pope Francis was released at the international TED conference in Vancouver, Canada. The 18-minute talk, titled “Why the Only Future Worth Building Includes Everyone,” can be viewed here. Francis highlighted three themes, beginning with the observation that community is central to human existence: [L]ife flows through our...
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