Chris Banescu | July 24, 2010
7/24/2010 – Henry Oliner -
Karl Marx understood that capitalism is intrinsically productive but saw an inherent unfairness in any value other than that provided by labor. Marx also understood that individual incentives to produce would inevitably lead to overproduction and painful contractions. To avoid these contractions and their impact on labor costs, he believed the [...]
| Chris Banescu |
Capitalism, Economic Freedom, Economics, Taxation |
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Chris Banescu | May 11, 2010
5/11/2010 – Randall Hoven –
What we have here is the failure of the unfree market. That means the failure of Greece. And the other PIGS (Portugal, Italy, Greece, Spain). And Europe. And it means the U.S., too. It even includes the Great Recession. The modern welfare state is collapsing around us.
If you had believed in [...]
| Chris Banescu |
Capitalism, Economic Freedom, Government |
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Chris Banescu | April 28, 2010
4/27/2010 – John Pisciotta – Acton –
Americans have less confidence and trust in government today than at any time since the 1950s. This is the conclusion of the Pew Research Center survey released in mid-April. Just 22 percent expressed trust in government to deliver effective policies almost always or most of the time. With the [...]
| Chris Banescu |
Capitalism, Competitiveness, Economic Freedom |
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Chris Banescu | January 27, 2010
Townhall | by Ed Feulner | Jan. 26, 2010
When future historians characterize this era, chances are they won’t label it as America’s “golden age.” Indeed, they may well mark 2010 as the year the United States became the home of the “mostly free.”
That’s the finding of the latest “Index of Economic Freedom,” an annual compendium [...]
| Chris Banescu |
Economic Freedom, Economics, Government |
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