December 22, 2024 By Jay Davidson Economics is the study of human nature. It seeks to explain how individuals interact in the exchange of a medium of value: money, barter, services, etc. Psychology, social science, even philosophy also study human nature. Whereas these studies can affect us at different times, the economy constantly affects us. An economy is a massive interchange of one product for another. It is more complex than weather prediction. Yet one economic system excels at recognizing human nature to its fullest. And that system relies on the one thing the left tells us is wrong: self-interest. Human nature requires self-interest in order to
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The Democrat party has been a stain on the nation since its founding in 1828 by a virulently racist president, Andrew Jackson. It was the party of slavery and the Confederacy, it initiated racial segregation by legislating and brutally enforcing Jim Crow laws. It unabashedly aligned with and supported the Ku Klux Klan for over nine decades, thus promoting antisemitism, religious persecution and xenophobia. Over the past 60 years, the Party has embraced and promulgated cultural Marxism which espouses the transformation of traditional American culture and society. The Party has succeeded in undermining the family structure and religious freedom as well as mainstreaming abortions up to the point
Read more ... →The working class suffer when elites agree BY JOEL KOTKIN America’s democracy resembles feudal Japan. Joel Kotkin is the Presidential Fellow in Urban Futures at Chapman University and executive director of the Urban Reform Institute. His new book, The Coming of Neo-Feudalism, is now out from Encounter. May 4, 2022 We Americans like to think of ourselves as a thoroughly modern people — living proof of what, with enough toil and grit, the rest of the free world can one day hope to be. And yet for all our progressivism and idealism, America’s political culture finds itself unable to escape the past. We
Read more ... →Dr. Richard Ebeling, professor of economics at The Citadel, The Military College of South Carolina, and my longtime friend and colleague, has written an important article, “Business Ethics and Morality of the Marketplace,” appearing in the American Institute for Economic Research. It’s importance and timeliness is enhanced by so many of America’s youth, led by academic hacks, having fallen prey to the siren song of socialism. In a key section of his article, Ebeling lays out what he calls the ethical principles of free markets. He says: “The hallmark of a truly free market is that all associations and relationships
Read more ... →EXECUTIVE SUMMARY Is capitalism destroying democracy? It is an old question that political thinkers have long wrestled with. Yet, it gained recent prominence with the publication of Duke University historian Nancy MacLean’s widely discussed book, Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America, which unleashed heated debate over its claim that libertarian economists, funded by capitalist billionaires, have worked to subvert American democracy over the past four decades. Critics of the free market contend that democracy, as they conceive it, should not be constrained. Yet, it turns out that American democracy is already enchained—by
Read more ... →RUSH: A fascinating piece by Andy Puzder. Andy Puzder, chief executive officer of CKE Restaurants for more than 16 years following a career as a lawyer, nominated by President Trump to serve as U.S. labor secretary. In 2011 he coauthored Job Creation: How It Really Works and Why Government Doesn’t Understand It. His latest book is The Capitalist Comeback: The Trump Boom and the Left’s Plot to Stop It. The book came out April 24th, 2018. And there is a piece here by Mr. Puzder. (coughing) Excuse me. Anyway, this piece, it ran on Fox News: “Our booming economy can still overcome progressive
Read more ... →Ted Malloch: Defending Capitalism Capitalism is as American as apple pie. President Trump knows that and he embodies its very spirit. His top economic czar, Larry Kudlow, defends the market better than almost anyone. Capitalism is, however, under attack everywhere — from the House of Representatives to the socialists penetrating our culture, media, universities, big tech, and the economic system itself. You could make the claim that common sense is patient and capitalism needs to be so too, if it is to succeed over the long term. Good capitalism must succeed or we are all doomed. In fact, if you
Read more ... →W Walter E. Williams Bradley Prize Winner 2017 Professor of Economics.wwilliam@gmu.edu(703) 993-1148D158 Buchanan HallDepartment of EconomicsGeorge Mason University Socialist Promises Presidential contenders are in a battle to out give one another. Senator Elizabeth Warren proposes a whopping $50,000 per student college loan forgiveness. Senator Bernie Sanders proposes free health care for all Americans plus illegal aliens. Most Democratic presidential candidates promise free stuff that includes free college, universal income, “Medicare for All” and debt forgiveness. Their socialist predecessors made promises too. “Freedom and Bread” was the slogan used by Adolf Hitler during the National Socialist German Workers’ Party (Nazi) campaign
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