By Doug McCullough and Brooke Medina Polls suggesting that millennials have a favorable view of socialism are well publicized. Less known are polls showing that 90 percent of millennials have a positive view of entrepreneurship, and 58 percent of millennial respondents believe they are more entrepreneurial than previous generations. So far, though, millennials have not been … [Read more...] about 5 Ways to Address Millennial Pessimism about Capitalism
Free Market
Yes, The System is “Rigged”—The Question Is How
By Bruce Yandle Once again, some leading capitalists are worried about capitalism’s future, as indeed they should be. Their voices join those of critics from the left who think America’s version of capitalism is rigged. And rigged it is. Recently, JPMorgan Chase CEO James Dimon and large hedge-fund manager Ray Dalio expressed concern about the health of American … [Read more...] about Yes, The System is “Rigged”—The Question Is How
Central Banking Is Central Planning
By Richard M. Ebeling At a time when the appeal of and demands for a new “democratic” socialism seem to have caught the imagination of many among the young and are reflected in the promises of a good number of political candidates running for high office, there is one already-existing socialist institution in America with few opponents: the Federal Reserve System. The … [Read more...] about Central Banking Is Central Planning
We Should All Regulate Facebook and Google
By Max Gulker Our economy depends on the continued forward march of technological progress. But with this growth come new problems and, inevitably, new regulation. We must ensure that this regulation does not stifle tomorrow’s innovations, whose details we cannot predict in advance. In a recent New York Times op-ed, Kara Swisher zeroes in on the way the large tech … [Read more...] about We Should All Regulate Facebook and Google
The Golden Rule Requires Markets
By Robert E. Wright At the third annual Philosophy, Politics, and Economics (PPE) Society conference in New Orleans last week, Nobel Prize winner Al Roth gave the final keynote speech about, what else, kidney exchanges. I had already read his book on the matter, but a reception was scheduled to follow, so I went. I am glad I did because he made a somber topic quite … [Read more...] about The Golden Rule Requires Markets
The Reasons Behind The Relentless Ideological Onslaught Against Free Markets
By Brandon Smith I sometimes think that the free market concept is treated like The Hunchback of Notre-Dame’s Quasimodo in the long novel of global economic history. It is considered ugly and undesirable by most people who judge it at a mere glance without bothering to understand it. It is a bogeyman; a scapegoat for numerous societal problems that it has nothing to do with. … [Read more...] about The Reasons Behind The Relentless Ideological Onslaught Against Free Markets
Capital is a Mystery to Alexandria Ocasio-Cortez
By Mark Brandly We all know that Alexandria Ocasio-Cortez is dominating the political news with her demands for socializing the economy. Bob Murphy has explained that her Green New Deal "makes no sense on economic grounds” and even for Keynesians it “ would be nonsensical to implement such a program today.” Given the inanity of the Green New Deal, I would like to … [Read more...] about Capital is a Mystery to Alexandria Ocasio-Cortez
Can Free Private Cities Replace the State?
By Titus Gebel [Titus Gebel's new book Free Private Cities: Making Governments Compete for You is now available in audio format on mises.org. Recently, we spoke with Mr. Gebel about some common objections to the idea of totally privatized cities existing side-by-side with states of today. See also: "Private Cities: A Model for a Truly Free Society?"] Mises Institute (MI): … [Read more...] about Can Free Private Cities Replace the State?