Capitalism (page 7)

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    Overeducated and underskilled

    Another new paper finds that colleges are increasingly the wrong way to go for good jobs, producing debt-ridden graduates who are “overeducated and underskilled.” Instead of college, Veronique de Rugy and Jack Salmon of the Mercatus Center at George Mason University, suggested apprenticeships and on-the-job training will become the…
    Joseph Coletti, December 18, 2019
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    New Raleigh City Council open to innovation?

    Short-term rentals, backyard cottages, and scooters could get a reprieve with a new mayor and reconstituted city council. New member Jonathan Melton says, “I think we can lead on micromobility,” and Mayor Mary Ann Baldwin proposes holding off enforcement of short-term rental restrictions. Anna Johnson provided the play-by-play.
    Joseph Coletti, December 4, 2019
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    Health care for the poor

    Keith Smith co-founded the Surgery Center of Oklahoma, which describes itself as a “free market-loving, price-displaying, state-of-the-art, AAAHC accredited, doctor owned, multispecialty surgical facility in central OK.” In a recent interview, Smith advised “not to consider the poor in the aggregate.” They are individuals; and I believe that individuals…
    Joseph Coletti, November 22, 2019
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    Impossible Whopper Wednesday

    As I hinted this morning, a few of us at the John Locke Foundation and Carolina Journal did participatory research and journalism this afternoon. We intended to compare Impossible Whoppers and regular Whoppers from Burger King. Instead we learned that orders on Uber Eats are sometimes canceled without notice after…
    Joseph Coletti, November 20, 2019
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    Capitalism’s role in ending ‘crappy’ jobs

    Tim Worstall writes for the Washington Examiner about one of capitalism’s unsung virtues. We’re told, with a sense of horror, that sanitation workers in developing countries have pretty crappy jobs in terms of conditions and pay. The only surprise there, for the informed among us, is the horror…
    Mitch Kokai, November 20, 2019
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    Remembering Milton Friedman

    Dan Hannan explains in a Washington Examiner column that the late economist Milton Friedman espoused ideas that will never grow old. Friedman luxuriated in capitalist successes. A fundamentally optimistic man, he never lost his conviction that the free market showered its richest benefits on those who were often…
    Mitch Kokai, November 12, 2019
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    This Is Your Country on Socialism

    Keep your eye on Venezuela! Evolución 1990-2019 del PIB per cápita en Sudamérica a Paridad de Poder de Compra (PPP), dólares de 2011. — Aldo Lema – Chile (@AldoLema_cl) November 2, 2019 For those who are too young to…
    Jon Guze, November 9, 2019
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    Countering the anti-capitalism crowd

    Noah Rothman defends capitalism against its detractors in the latest issue of Commentary. The new generation of anti-marketeers appears wedded to a notion that there is something out there that must be better than what we have, that the global commercial culture can be and should be replaced.
    Mitch Kokai, November 4, 2019