capitalism

“You didn’t build that!” exclaimed President Obama. If you have risked all the capital you have, worked three times as many hours a week as is legal to require any employee to work, lost sleep weighing whether to spend a…

In 2008 Queen Elizabeth visited the London School of Economics. After a presentation on the financial crisis she asked, “Why did no one see it coming?” Good question. A meteorologist who missed a one-in-a-hundred-years blizzard or a category five hurricane…

Capitalism has received an astonishingly bad rap this week. Let’s review the facts.
First, the Washington Examiner uncovered a prepared presentation to the House Democratic caucus and staff that details their new rhetorical strategy: If you argue for free-market solutions,…

No Laughing Matter

by Dr. Mark W. Hendrickson June 29, 2009

Who won the Cold War? That’s a no-brainer. The United States prevailed while the Soviet Union collapsed, and the People’s Republic of China dumped Marxism; capitalism (free markets and private property) triumphed over socialism (centrally planned markets and state-owned property);…

Read the full article →