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News From London, Ontario, And Beyond

Capitalism, properly understood

In Praise of Self-Checkouts

May 7, 2019 by Lee Friday

May 7, 2019 – Tyler Curtis …… Self-service often means better service.

Categories Capitalism, properly understood Leave a comment

Bernie Tells America: Pull Yourself up by Your Bootstraps!

April 25, 2019 by Lee Friday

April 25, 2019 – Ryan McMaken …… Bernie Sanders justifies his millions this way: he worked for it by writing a book. He also says that if you write a book, you could be a millionaire too. It’s just that easy!

Categories Capitalism, properly understood Leave a comment

Capitalism Fosters Human Cooperation Like Nothing Else

April 18, 2019 by Lee Friday

April 18, 2019 – Barry Brownstein …… Sometimes the ordinary can reveal the miraculous.

Categories Capitalism, properly understood, Socialism, Fascism, Communism Leave a comment

In Defense of the Gilded Age

February 19, 2019 by Lee Friday

February 19, 2019 – José Niño …… The Gilded Age’s enormous gains in incomes and standards of living showed what individuals were capable of creating when the government was shackled.

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All Hail the Entrepreneurs (and the Carnitas They Bring Us)

February 8, 2019 by Lee Friday

February 8, 2019 – Robert Higgs …… It’s not the government that stands between the people and starvation. It’s the entrepreneurs.

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Net Neutrality Repeal: The Internet Apocalypse That Never Came

January 31, 2019 by Lee Friday

January 31, 2019 – Brittany Hunter …… Whether the naysayers are willing to admit it or not, less government regulation results in better outcomes for both companies and consumers.

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Milton Friedman Reveals the Humbling Truth of “I, Pencil” in Just Two Minutes

January 28, 2019 by Lee Friday

January 28, 2019 – Jon Miltimore …… “I, Pencil” was a clarion call for humility (intellectual and economic).

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How ‘I, Pencil’ Changed My Life

December 29, 2018 by Lee Friday

December 29, 2018 – Tricia Beck-Peter …… My journey from central-planning statist to market-loving freedom-fighter, and how an essay titled “I, Pencil” was involved.

Categories Capitalism, properly understood, Common Sense Economics Leave a comment

Dale Earnhardt Jr. Doesn’t Understand What Capitalists Do

December 27, 2018 by Lee Friday

December 27, 2018 – Antón Chamberlin …… It may seem to many that the capitalist provides no benefit to the market, but without Earnhardt Jr. taking on the function of the entrepreneur, there would be no car to drive, no strategy to call, no wrench to turn.

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The Many Ways Governments Create Monopolies

December 15, 2018 by Lee Friday

December 15, 2018 – Mike Holly …… Most major sectors in the US economy have been distorted by government policies pushing monopolies and limiting competition. (Ditto for Canada).

Categories Capitalism, properly understood, Price Control, Price Gougers, Special Interest Groups, Lobbying Leave a comment
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