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Posts tagged as “Capitalism”

Friedman: Laws that do harm

As we approach another birthday of Milton Friedman, here's his column from Newsweek in 1982 that explains that despite good intentions, the result of government intervention often harms those it is intended to help.

Are you in the top 1%?

Most Americans would be surprised to learn that they are, in fact, in the top one percent of income -- when the entire world is considered. It is economic freedom in America that has been responsible for this high standard of living. But America's ranking among the countries in economic freedom has declined, and may fall further.

A Wichita Shocker, redux

Based on events in Wichita, the Wall Street Journal wrote "What Americans seem to want most from government these days is equal treatment. They increasingly realize that powerful government nearly always helps the powerful ..." But Wichita's elites don't seem to understand this.

STAR bonds in Kansas

The Kansas STAR bonds program provides a mechanism for spending by autopilot, without specific appropriation by the legislature.

What we can learn from the piano

The purchase of a piano by a Kansas school district teaches us a lesson. Instead of a system in which schools raise money voluntarily -- a system in which customers are happy to buy, donors are happy to give, and schools are grateful to receive -- we have strife.

Myth: Markets promote greed and selfishness

Markets make it possible for the most altruistic, as well as the most selfish, to advance their purposes in peace, writes Tom G. Palmer.

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