Capitalism

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    Amazon incentives in perspective

    Amazon’s recent announcement of a distribution center in Garner is one of thirteen so far this year, with more likely to be announced in the coming weeks and months ahead, joining locations in Alabama, Missouri, Ohio, Oklahoma, and Washington. Incentive offers have differed from place to place, which suggests the…
    Joseph Coletti, August 17, 2018
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    Warren and nationalization

    Kevin Williamson writes for National Review Online about U.S. Sen. Elizabeth Warren’s support for government control over much of the nation’s economy. Senator Elizabeth Warren of Massachusetts has one-upped socialists Bernie Sanders and Alexandria Ocasio-Cortez: She proposes to nationalize every major business in the United States of America.
    Mitch Kokai, August 17, 2018
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    Warren wants government to mandate ‘accountable’ capitalism

    Pete Kasperowicz of the Washington Examiner documents the latest disturbing idea from U.S. Sen. Elizabeth Warren. Sen. Elizabeth Warren, D-Mass., will introduce legislation … aimed at making the nation’s largest companies accountable to employees and their local communities, not just shareholders. … … To give employees, communities and…
    Mitch Kokai, August 16, 2018
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    Dictators can’t dictate markets

    Kevin Williamson‘s latest column at National Review Online probes the limits of dictatorial power. Recep Tayyip Erdo?an is learning a lesson that history has taught, sometimes harshly, to many men of his kind in the past: Tyrants have power, but markets have more power. If you are a…
    Mitch Kokai, August 16, 2018
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    Gallup: Americans Say U.S.-China Tariffs More Harmful Than Helpful

    From Gallup’s July 26 polling results on U.S.-China tariffs. More losers than winners — that’s the legacy of tariffs.  …
    Donna Martinez, August 13, 2018
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    Sweden, Denmark succeeded because of capitalism, not socialism

    Julia Howe and Anthony Kim explain in a Daily Signal column why those who proclaim support for socialism should think twice before citing Sweden and Denmark to support their claims. First, these countries are not technically socialist. By the YDSA’s definition, socialism entails a centrally planned economy with…
    Mitch Kokai, August 13, 2018
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    Is capitalism rigged in favor of elites?

    Deirdre McCloskey (no) and Jason Furman (yes) will be debating at economist.com over the next week whether capitalism is rigged. Furman opens with a claim about how powerful interests help write regulations. McCloskey begins with the innovation of the past two hundred years. The debate comes down to the…
    Joseph Coletti, August 7, 2018
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    If this is what people think of capitalism, no wonder they want something else

    Michael Tomasky, editor of the journal Democracy, has advice for those who would like fewer socialists. “Stop creating them.” Tomasky outlines a number of ways that cronies in government and business have helped one another without doing much good for the rest of society. Free market supporters from…
    Joseph Coletti, August 7, 2018