Capitalism

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    Inequality and a better life

    John Tamny‘s latest column for Real Clear Markets challenges the popular notion that increased inequality must be bad. In 1989 then prominent computer maker Tandy released the Tandy 5000. Though the poorest of today’s poor would haughtily turn their noses up to the 5000 today, at the time…
    Mitch Kokai, June 24, 2019
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    Three Cheers for Country Time!

    ABC News reports: Country Time is doubling down on its campaign to save one of America’s favorite summer past times – children’s lemonade stands. The drink maker has been paying fines for kids across the country who have had their unpermitted stands shut down.
    Jon Guze, June 21, 2019
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    “What Do the [Tech] Oligarchs Have in Mind for Us?”

    Nothing good, according to Joel Kotkin! In a recent piece at Quillette, he writes: The rulers of the Valley and its Puget Sound doppelganger now account for eight of the 20 wealthiest people on the planet. Seventy percent of the 56 billionaires under 40…
    Jon Guze, June 19, 2019
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    CJ Commentary: Americans should be skeptical of single-payer promises

    According to JLF’s Jordan Roberts in his most recent piece for Carolina Journal, Americans should be leery of universal health care’s claims. Roberts’ commentary highlights many reasons why universal health care may not be all it’s cracked up to be. One such reason is the overwhelming cost. Roberts details a…
    Brenee Goforth, June 19, 2019
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    The VP’s mischaracterization of tariffs

    According to VP Mike Pence, tariffs are “an exercise of economic power.” He’s wrong. They are an imposition of government power.
    Roy Cordato, June 10, 2019
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    Booming Economy = Labor Shortage = Innovative Pay Model

    The typical American worker is paid by his/her employer every two weeks or perhaps once a month. But the fast food restaurant industry is innovating in order to attract workers who have myriad options thanks to our incredibly low unemployment rate. Bloomberg reports: Restaurant chains are pulling out all…
    Donna Martinez, May 20, 2019
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    Today’s Daily Journal, “Certificate of Need: Government picking winners and losers”

    JLF’s Health Care Policy Analyst Jordan Roberts writes for Carolina Journal’s Daily Journal: When you keep the supply of a service artificially low, incumbent providers aren’t subject to competition and gain more market power than they otherwise would. The natural consequence is less access and higher prices.
    Anna Manning, May 14, 2019
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    Forbes praises capitalism’s virtues

    Steve Forbes‘ latest contribution to Forbes magazine explains why “capitalism isn’t kaput.” HARDLY A DAY goes by without some eminence from business or finance proclaiming with furrowed brow and seeming sorrow that capitalism is in crisis and must be overhauled if it is to survive and not be…
    Mitch Kokai, May 13, 2019