Free Markets

All too often, when we see a new technology we don't understand, our natural inclination is to condemn it. Artificial intelligence is no exception.

During a debate on capitalism with James Otteson, Michael Anton opined that free markets are harmful to a nation's economy. Perhaps he needs to learn economics.

Calls for black consumers to "Buy Black" can be interpreted as socially divisive, but they are also a way to encourage black entrepreneurs in a free market.

More than forty years ago, Leonard Read urged graduates of Hillsdale College to find a premise, a belief in a universal idea of liberty.

To prevent rail accidents like the one in East Palestine, dial back government regulation and allow the tort system to work.

Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.

Conservative icon William F. Buckley wanted a "totalitarian bureaucracy within our shores" to combat the communist threat. Far too many modern Chinaphobes are embracing a similarly deranged policy. 

The role of commercial banks in money creation is made more clear by the fact the Fed is primarily interested in creating demand deposits rather than cash. This creates a larger foundation on which commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."

To prevent rail accidents like the one in East Palestine, dial back government regulation and allow the tort system to work.

Both artists and athletes perform for others. When governments get involved it either is for subsidies or censorship. Neither is satisfactory.