"Consumption is the sole end and purpose of all production." —Adam Smith, The Wealth of Nations, 1776 "In the market economy the consumers are supreme. Their buying and their abstention from buying ultimately determine what the entrepreneurs produce and in what...
Politics
Donald Trump and the Left’s ‘Fascist’ Boogeyman
by Scott Boykin | Dec 4, 2024 | Featured Articles, Politics
The claim that Donald Trump is a fascist was an essential feature of the Democratic Party's electoral strategy in 2024. Despite its massive failure, the left continues to beat this dead horse and will no doubt continue. And while Trump has abundant negative qualities,...
TGIF: On Fairness
by Sheldon Richman | Nov 29, 2024 | Economics, Justice, Politics, Sheldon Richman, TGIF
Fairness and its synonyms are among the most abused words in English. By that I mean they are commonly manipulated for ideological ends. Wokeness has aggravated a situation that has existed for some time. What better way to score points for a political position than...
I’m Thankful We Defeated the Scolds
by Brad Pearce | Nov 28, 2024 | Featured Articles, Politics
It's become something of a Thanksgiving tradition that each year we are treated to the same tired op-eds about how the story of the first Thanksgiving is fake and we should feel guilty about making this continent our home and what a difficult day this is for Native...
TGIF: “You Didn’t Build That”
by Sheldon Richman | Nov 22, 2024 | Economics, Justice, Politics, Sheldon Richman, TGIF
Remember Barack Obama's profound 2012 campaign speech about success? Here's part of what he said: There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful,...
For Elon Musk’s DOGE to Succeed, He Needs Ron Paul
by David Gornoski | Nov 20, 2024 | Economics, Featured Articles, Politics
Most Americans have a heart that yearns for a leaner, more efficient government, one that obeys the U.S. Constitution and practices fiscal honesty. For the last six decades, no figure has been more iconic and relentless in this pursuit than former Congressman Ron...
Free Speech: The Sine Qua Non of Democracy
by Laurie Calhoun | Nov 18, 2024 | Featured Articles, Politics
One of the strangest developments in the recent history of Western democratic states has been the heartfelt call by duly elected officials for government censorship of citizens’ speech. This trend has emerged simultaneously across various nations, including the United...
The (Predictable) Defeat of Moderate Reforms
by Joseph Solis-Mullen | Nov 14, 2024 | Featured Articles, Politics
In the 2024 general election, several states and cities across the country put forth initiatives aimed at adopting ranked-choice voting (RCV) and nonpartisan primaries. These measures were promoted as essential steps in reducing political polarization, creating more...