By Hunter Hastings and Murray Sabrin Entrepreneurs solve problems for customers. There are few problems bigger than the horribly perverse medical care system under which patients suffer in the US. The system has evolved over time, with the stimulus of bad decisions, bad actors, and bad incentives. Entrepreneurship can solve the system problem with specific actions at the … [Read more...] about A 7-Point Entrepreneurial Solution to the Medical Care Crisis
Free Market
The Rules of Surviving a Black Market Economy
By Fabian Ommar In almost every prepping and survival forum, you will find discussions on bartering in great length and detail. However, the surge of a black market economy will come long before bartering becomes a thing in most SHTFs. Every prepper seems to have their ideas and pre-planned strategies for bartering when the SHTF. But I don’t see the black market discussed … [Read more...] about The Rules of Surviving a Black Market Economy
Market Competition Is the Best Solution for Big Tech Power
By Ninos Malek The so-called “Big Tech” monopolies are uniting politicians and media pundits from both the left and right. Whether the argument is “too much power” or “censorship,” both sides have problems with these monopolies. Leftists claim that free market capitalism leads to a concentration of power leading to exploitation of consumers. They also oppose subsidies and … [Read more...] about Market Competition Is the Best Solution for Big Tech Power
The Biggest Thing That Separates Authoritarians From Supporters of Freedom
By Gary M. Galles In today’s media, we are constantly being told of “new and improved” impositions that are needed to replace the “old hat” ideas of freedom and open competition. But the visions held by these proponents could hardly be further from reality. Leonard Read wrote of this decades ago, in “Freedom: A New Vision,” Chapter 2 of his 1975 Castles in the Air. While … [Read more...] about The Biggest Thing That Separates Authoritarians From Supporters of Freedom
Taking a (Lemonade) Stand for Free Enterprise
By Anthony Gill Summer is here and with Covid-based restrictions on fun finally receding (we hope), a return to normalcy promises the ubiquitous picnics, softball games, and sidewalk lemonade stands run by kids on their vacation away from school. But wait a minute! Not all those Great American activities may be legal. Indeed, those little entrepreneurs selling … [Read more...] about Taking a (Lemonade) Stand for Free Enterprise
Uber, Lyft Prices and Wait Times Are Surging—Here’s Why
By Brad Polumbo Millions of Americans, myself included, have come to rely on ride-sharing services like Uber and Lyft for convenient and affordable transportation. But in recent months, we’ve seen skyrocketing prices and long wait times just to get a ride. As it turns out, the government is to blame, to no surprise. First, let’s be clear: We’re not just talking about … [Read more...] about Uber, Lyft Prices and Wait Times Are Surging—Here’s Why
Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs
By Thomas Spain During the 1990s there was a legal and philosophical idea, championed by Milton Friedman among others, that a corporation exists to serve the interests of the shareholders, being that they are the rightful owners of the corporation. Progressive thought leaders responded with the countertheory of stakeholder capitalism. Under stakeholder theory the … [Read more...] about Why “Stakeholder Capitalism” Is a Disaster for Entrepreneurs
Looking For Common Sense In A Senseless World? The New Thomas Sowell Documentary Delivers
By Art Carden If I were to rank post-World War II public intellectuals and social theorists, the Hoover Institution’s Thomas Sowell would take the top spot. There could be a real debate about who is #2, but it would take place a long way from the top of the mountain, where Sowell would sit alone. Sowell is a brilliant economist and a beautiful writer who believes, above all, … [Read more...] about Looking For Common Sense In A Senseless World? The New Thomas Sowell Documentary Delivers
Ayn Rand Quotes on Capitalism, Government, Philosophy, and More
By Alex Horsman Who is Ayn Rand? Born to a middle-class Russian-Jewish family in 1905, Rand was treated to a front-row seat to the wonders of communism in action. Rand fled with her family to the Crimea following the “liberation” of her father’s pharmacy but ultimately returned to Saint Petersburg where she could attend university when she wasn’t busy starving. Due to her … [Read more...] about Ayn Rand Quotes on Capitalism, Government, Philosophy, and More
How Markets Turn Lousy Products into Great Ones
By Malachy McDermott Most people have managed to get through life without ever seeing Texas Chainsaw Massacre: The New Generation. It currently stands at a 16 percent score with critics and an 18 percent score with audiences on Rotten Tomatoes, so most people, we can conclude, have dodged a bullet by not seeing it. However, this production does have two very interesting … [Read more...] about How Markets Turn Lousy Products into Great Ones
Don’t Confuse Free Markets with the Interventionist State
By Richard M. Ebeling When most people put on their “reality” hats about politics, there are few among them who do not cynically see the power-lusting, the corruption, and the hypocrisy in most of what is said and done by those running for or sitting in political office. A constant point of dispute and disagreement is over how and why it is that governments have this … [Read more...] about Don’t Confuse Free Markets with the Interventionist State
Why Everyone is Vulnerable When the Government Determines the Essentialness of Someone’s Livelihood
By Sam Bocetta Did you ever think that there would come a time when going to work or meeting with consenting individuals would be acts punishable under the law? Or if going to a grocery store or something as basic as getting a haircut would be forbidden by the authorities? To say that the coronavirus has changed the world as we knew it is an understatement. It has made … [Read more...] about Why Everyone is Vulnerable When the Government Determines the Essentialness of Someone’s Livelihood