What’s in a name?

In addition to his side job as Director of Undergraduate Studies for the Economics Department at Harvard University, Jeff Miron is Director of Economic Studies at the Cato Institute. He’s also the narrator of this video from Learn Liberty that discusses three myths about capitalism. Unsurprisingly, I think Jeff is right on the mark. Here are some […]

Sometimes you find support for capitalism and small government in some rather unexpected places. I was surprised, for instance, when I found out that Gene Simmons, the lead singer for Kiss, stated that, “Capitalism is the best thing that ever happened to human beings. The welfare state sounds wonderful but it doesn’t work.” That’s pretty […]

Part of my job is to educate people about free markets and fiscal policy. In some cases, that means providing information and analysis to those already sympathetic to limited government. There are many people who like the idea of lower tax burdens, for instance, but they may not have given much thought to the interaction […]

I sometimes wonder whether journalists have the slightest idea of how capitalism works. In recent weeks, we’ve seen breathless reporting on the $2 billion loss at JP Morgan Chase, and now there’s a big kerfuffle about the falling value of Facebook stock. In response to these supposed scandals, there are all sorts of articles being […]

We know that the United States and most other developed nations are in deep trouble if we leave government policy on auto-pilot. And we know the painful day of reckoning will arrive even faster if we continue the Bush-Obama policies of expanding the burden of the public sector. All this sounds very depressing, but the […]

I’ve already posted about the nut who claimed that global warming was causing AIDS, so I guess I shouldn’t be too surprised that a writer for the New Republic says global warming may lead to genocide. But that may not be the silliest thing said by a left winger in the past couple of days. […]

Although not necessarily the intent of this video, the impressive data visualization makes it hard not to see just how profoundly the spread of freedom and capitalism has dramatically improved the lives of billions throughout the world in such an historically short period of time as 200 years:

Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was saying, one imagines, since he presumably would have realized that capitalism is a superior system […]