The Case for Capitalism, Part IV

The Case for Capitalism, Part IV

Previous editions of the case for capitalism (Part I, Part II, and Part III) have focused on big-picture analyses of markets vs statism. Today, let’s look at a specific product that free enterprise has delivered. Younger readers may take smartphones for granted, but I...
Is Gridlock a Good Outcome?

Is Gridlock a Good Outcome?

Most Republicans and Democrats have a self-interested view of divided government. They obviously prefer if their party controls everything. After all, that’s how Republicans got tax reform in 2017 and it’s how Democrats got Obamacare in 2010. But they also like...
Is Japan a Role Model for the United States?

Is Japan a Role Model for the United States?

Japan is an interesting country to examine if you want insights about public policy. We can study the impact of population aging on fiscal outcomes. We can learn about the utter failure of Keynesian economics. We can understand why it’s a very bad idea to impose a...