Free Market

What Is a Government Worker Worth Without a Free Market?

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Where are you more likely to earn a better salaried income, in the private sector or working for the government? Well, it turns out that those employed by the federal government and having only high school diplomas or college bachelors’ degrees, are likely to be financially far better off. The Congressional Budget Office (CBO) released in April 2017 a new ... [click for more]

The Moral Foundations of the Free Market Society

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Higher education in the United States is engulfed in an ideological campaign against the American political and economic traditions of individual liberty, free competitive markets, and constitutionally limited government. In its place is the “progressive” agenda of collectivist identity politics, the regulatory and redistributive interventionist economy, and political plunder and power. Both “scientific” and casual surveys of political orientation and ... [click for more]

Time to Smack Down the Small Business Administration

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In 2012, Barack Obama elevated the administrator of the Small Business Administration (SBA) to a Cabinet-level position, where the office had been under Bill Clinton. The current administrator, Maria Contreras-Sweet, is unknown to the overwhelming majority of Americans, as are the thirty-three administrators who preceded her. This ignorance is about to change, for, according to a statement ... [click for more]

The Nebulous Crime of Ticket Scalping

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Although the Olympics in Rio de Janeiro, Brazil, are over, for some people associated with the games, things are just beginning. Athletes who won medals are now household names in their respective countries. Many were honored with parades. Some will receive lucrative endorsement deals. Others will appear in television commercials. And although U.S. athletes will have to pay [click for more]

The Right to Hire and Fire

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Do businesses have the right to hire whomever they want for a particular job? Most Americans would agree that they certainly do. But when you ask the same people whether businesses have the right to not hire whomever they don’t want for a particular job, most of them will say that it depends on the reason someone is not ... [click for more]

The Making of a Great Entrepreneur

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Andrew Carnegie: An Economic Biography, by Samuel Bostaph (Lexington Books, 2015), 124 pages. Andrew Carnegie, that remarkable steelmaker, was a key player in the rise of the United States to becoming a world power in the late 1800s. More than that, Carnegie was one of the most spectacular entrepreneurs in all of U.S. history — ranked number four ... [click for more]

The Free Market at Work

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Even with all the government licensing, regulation, and oversight that American businesses are burdened with, the United States still has a relatively free market compared with most other countries. This is especially true on the consumer side. One of the great weapons that consumers have is the boycott. Let’s look at some high-profile boycotts and then see what it is ... [click for more]

Free the Gas Pumps!

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Aside from both being coastal states, New Jersey and Oregon have little in common except for one infamous thing. Drivers vacationing or passing through either state for the first time who have to stop to gas up their cars are in for a rude awakening if they try to pump their own gas. They will quickly find out from ... [click for more]

Free Markets and Human Freedom

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There the market is freest, human liberty is highest. If labor is controlled (e.g., slavery), there is neither a free market nor freedom. If capital is controlled (e.g., government ownership), you can’t produce without permission; that’s not freedom. The free-market economy and human freedom are mutually dependent; destroy one, and the other automatically falls…. Governments control people (you and me) ... [click for more]

The Free Market versus the Bureaucratic State

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The U.S. presidential election of 2016 may still be well over a year away, but those who dream of sitting at the desk in the Oval Office of the White House in Washington, D.C. are busy scrambling for campaign supporters, financial contributions, and potential voters in the party primaries that will influence who will run in the general election. As ... [click for more]
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