We have been led to think of the economy in financial terms: the stock prices of the largest companies, their quarterly earnings reports, trends in GDP, mergers and acquisitions, central bank …
Socialism favors big business; capitalism is entrepreneurial.
The Road To Socialism And Back is a fascinating real-life case study from the Fraser Institute about the differential impact of market capitalism and socialism on both production and consumption. It …
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Entrepreneurship: The most important – and misunderstood – economic function for all businesses.
Entrepreneurship is often misunderstood as starting a new business from scratch, or sometimes as owning and operating a so-called small business. Entrepreneurship is not usually understood by most …
100% economics, zero percent politics. It’s the way forward.
So much money and energy have been poured into politics in the last years and decades. What has it achieved? Dysfunction, debt, deficits, disrespect for America and its institutions, disdain for its …
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WSJ Has No Respect For Entrepreneurial Businesses, Even When Reporting Their Success.
The Wall Street Journal (June 26, 2023) reported on its front page that "small companies have been responsible for all of the net job growth in the US since the onset of the Covid-19 pandemic and …
The True Story Of Capitalism.
Many people today are skeptical about capitalism. Suspicious of it. In some cases, downright hostile. These people believe - or have been led by others to believe - that capitalism is bad for society …