Capitalism

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    Helping the poor through free markets

    Edward Lazear explains at National Review Online that Democratic presidential candidate Joe Biden offers the wrong prescription for helping America’s poor. President Trump and former vice president Biden have different visions of the country’s future. President Trump, during a recent event in Wisconsin, charged, “Joe Biden is just…
    Mitch Kokai, September 11, 2020
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    American economy is too far left

    Martin Hutchinson warns at National Review Online about problems tied to the American economy’s current trajectory. It was inevitable that Karl Marx would become a Marxist — at least according to the precepts of that ideology. He was brought up in an environment in which savings had been…
    Mitch Kokai, September 1, 2020
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    Democrats Kick Off Convention As New CNN Poll Shows Trump Gaining

    Things are looking up for the Trump campaign. CNN released this poll Sunday night: (emphasis is mine). Joe Biden’s lead over Donald Trump among registered voters has significantly narrowed since June, according to a new CNN poll conducted…
    Donna Martinez, August 17, 2020
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    Socialism and corporations

    Iain Murray describes at National Review Online a love-hate relationship between socialists and corporations. Socialists would rather the traditional American firm did not exist. Animosity towards the capitalist boss for reaping all the rewards of his employees’ labor, or (perhaps worse) towards the joint-stock corporation, where workers don’t…
    Mitch Kokai, August 7, 2020
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    Gov. Cooper’s Real-World Impact: Economic Devastation For Business Owners

    The desperate plea of small business owners in North Carolina continues to go unheard by Gov. Roy Cooper, who on June 24, doubled down on prohibiting private bar owners from operating their businesses. Zack Medford of the N.C. Bar and Tavern Association reacted: The worst fears of many…
    Donna Martinez, June 25, 2020
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    Richer people really do give more

    A new working paper finds that people with more income and more wealth really do give more money away. A summary of the paper in the Economist notes The researchers found that wealthier people donate less to causes affiliated with religion and more to arts and educational ones. The…
    Joseph Coletti, May 11, 2020
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    COVID-19 Creating Big Job Worries

    To say Americans are jittery about their economic future is to downplay our reality. Jittery doesn’t cut it when roughly 1 in 3 Americans tell CNBC’s pollster they’ve either been impacted already or expect for the shoe to drop:   We’re now weeks into this public health emergency…
    Donna Martinez, April 13, 2020
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    COVID-19 response and recovery calls for a balanced solution.

    As you would expect, John Locke Foundation’s policy recommendations in response to COVID-19 outbreak and in discussions on how best to recovery once the crisis is over, have focused largely on free market solutions. We believe that offering help to people who have lost jobs and businesses shut down…
    Becki Gray, April 6, 2020