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Tag Archives: free market
I don’t love greed
It’s not often that I disagree with Walter Williams, but I did this week. Or, at least I disagree with the title of his column, I Love Greed. Though, I will give him some wiggle room. Column authors don’t always … Continue reading
Occupy Wall Street
A friend asked what I thought about Occupy Wall Street. I directed him to John Stossel’s latest column, Wall Street Protesters Half Right, because Stossel does a great job of summing up my views. I hope that the OWS protesters … Continue reading
Posted in Capitalism, Debate, Economics
Tagged free market, John Stossel, Occupy Wall Street
6 Comments
The invisible hand is not the free market
Many people say that the housing bubble was caused by a failure of the invisible hand. When I encounter such folks, I like to make sure they understand what the invisible hand is. Many believe invisible hand is synonymous with … Continue reading
Posted in Bad Economy, Critical Thinking, Feedback, Government, Markets, Politics
Tagged Adam Smith, Fannie Mae, free market, Invisible Hand
4 Comments
“Your Teacher Said What!?” Review
I’ve been looking forward to reading Joe and Blake Kernan’s book, Your Teacher Said What?! Defending Our Kids from the Liberal Assault on Capitalism. I highly recommend it. It exceeded my expectations. I found it well-written, easy-to-read, entertaining, critical, well … Continue reading
Posted in Books, Critical Thinking, Economics, Government, Markets, Reading Recommendations
Tagged Book, Capitalism, free market, Joe Kernan, Joe Kernan book
1 Comment
If they can send a man to the moon…
I started the draft for this post before reading Steven Landsburg’s The Big Questions. Only now, as I get back to completing it do I realize that he provided the perfect words to back up this point, and I’ve already … Continue reading
Posted in Bad Economy, Critical Thinking, Debate, Government, Liberty, Markets, Politics, Reading Recommendations
Tagged economy, free market, problems, Steven Landsburg, Thomas Sowell
5 Comments
The market in action
One of the disadvantages the “market” has is that few people understand what it is and how it works. What: A market is nothing more than the interactions that take place between people. How: Contained in the those interactions are … Continue reading
Posted in Business, Economics, Feedback, True Measures
Tagged econmics, free market, Hostess cupcakes, Twinkies
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What’s the Comparison?
In the latest Econtalk podcast, Don Boudreaux on Public Choice , Boudreaux of Cafe Hayek and George Mason University points out a common error by critics of free markets. The error is in comparing the functioning of the free market … Continue reading
Posted in Politics, Power of Incentives
Tagged Cafe Hayek, Don Boudreaux, EconTalk, free market, Public Choice, Russ Roberts
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Good Reading
Here’s a roundup of some good reading. Walter Williams: Who Poses a Greater Threat If you’ve ever feared power consolidated in the hands of wealthy, you should read this column. Bill Gates is the world’s richest person, but what kind … Continue reading
Posted in Bad Economy, Business, Capitalism, Critical Thinking, Economics, Liberty, Politics
Tagged free market, Greece, Health Care, Mark Steyn, Thomas Sowell, Walter Williams, Warren Buffett
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Haiti and Chile Earthquakes
Don Boudreaux of George Mason University and blog Cafe Hayek sums up well the difference in safety between the recent earthquakes in Haiti and Chile in his letter to the Washington Post. Here’s a snippet: With a market-oriented economy, per-capita … Continue reading
Posted in Capitalism, Liberty
Tagged Cafe Hayek, Chile, Don Boudreaux, Earthquake, free market, Haiti
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