Some 94 percent of Americans who reach “top 1 percent” income status will enjoy it for only a single year. Approximately 99 percent will lose their “top 1 percent” status within a decade. Now consider the top 400 U.S. income-earners—a far more exclusive club than the...
socialism
Bernie Sanders Is Angry About Wealth
by Trenton Hale | May 17, 2023 | Economics, Featured Articles, Politics
Bernie is at it again folks. Recently, the Democratic senator proposed that the government confiscate all the money that a person makes above $999 million. This came about from an interview with Chris Wallace discussing his new book, It’s OK to Be Angry About...
We Were Wrong About Democratic Socialism
by Keith Knight | Mar 26, 2023 | Don't Tread on Anyone
https://youtu.be/PXQIJ8ftwKM With nearly 100,000 members and over $5 million in annual income, couldn’t Democratic Socialists of America more effectively reduce capitalist exploitation on the margin by directly financing and staffing worker-owned cooperatives? - Chris...
Is Heaven Communist?
by Evan Patterson | Mar 9, 2023 | Featured Articles
Christianity has to deal with a lot of misconceptions. From the idea that Christianity was created by Paul to the idea that Jesus was a cynic, owing to its prestige and power and the desecration of almost everything due to modernist secularism, Christianity has been...
TGIF: Which Way — Capitalism, Socialism, or Something Else?
by Sheldon Richman | Mar 3, 2023 | Economics, Featured Articles, Justice, Libertarianism, Politics, Sheldon Richman, TGIF
Big questions are being thrashed out these days. One of the biggest is this: do we want capitalism or socialism? Unfortunately, the online discussions I've witnessed have been, to put it as politely as I can, terrible. (For an example, see this one between Reason...
How Not to Defend “Capitalism” Against” Socialism”
by Sheldon Richman | Feb 25, 2023 | Blog, Economics, Justice
I challenge you to show me a lamer "debate" over "capitalism" and "socialism." (Don't worry; it's not about Bill Maher.)
Empower the Working Class: Abolish Occupational Licensing
by Keith Knight | Jan 21, 2023 | Blog, Uncategorized
It's time to consistently apply the "my body my choice" principle. If consenting adults want to engage in economic activity, no third party should forcibly stop them. Democrats always say "voting once every two years between two politicians is how you express...
TGIF: Where Socialists Go Wrong
by Sheldon Richman | Jan 13, 2023 | Featured Articles, History, Libertarianism, Sheldon Richman, TGIF
Since socialism is "in" today -- even though many people who say they favor it have no idea what it is -- F. A. Hayek's last book, The Fatal Conceit: The Errors of Socialism (1988), is worth checking out. Hayek, the late great Nobel-laureate economist of the Austrian...
Debunking Left & Right Wing Socialism (feat. Dave Smith)
by Keith Knight | Dec 30, 2022 | Don't Tread on Anyone
https://youtu.be/KvPKGOTz4mw There exist two blatant contradictions which roughly ninety-nine percent of intellectuals, journalists, and voters erroneously believe. On the one hand, they say that the free market must be regulated in order to prevent monopolies. It is...
Tom Woods Debunks the “Socialist Sweden” Myth
by Keith Knight | Nov 4, 2022 | Blog
There’s plenty to say regarding Sweden: (1) its “socialist” policies were made possible by wealth created under an essentially capitalist economy (as recently as the 1950s, remember, government spent less as a percentage of GDP in Sweden than in the U.S.); (2)...
Refuting the “Experts”: The 1619 Project and Covid Narrative (feat. Phillip W. Magness, Ph.D.)
by Keith Knight | Oct 20, 2022 | Don't Tread on Anyone
https://youtu.be/sDgfh4qilo4 Whereas Marx rejected chattel slavery and extrapolated a long historical march to an eventual socialist reordering through revolutionary upheaval, Fitzhugh saw a readily available alternative. “Slavery is a form, and the very best form, of...
“I Don’t Make the Law, I Just Enforce It” – Debunked
by Lawrence Reed | Sep 18, 2022 | Featured Articles
[Image of the police killing of Tony Timpa] Nine months after the Nazi war criminal Adolf Eichmann died at the end of a noose in Israel, a controversial but thoughtful commentary about his trial appeared in The New Yorker. The public reaction stunned its author, the...
How to Tell if a Politician is Economically Literate (feat. Per Bylund, Ph.D.)
by Keith Knight | Aug 30, 2022 | Don't Tread on Anyone
https://youtu.be/x8g6W0JRV1s Core to understanding the economy is recognizing that it is about human actions and interactions. In fact, the economy is people acting and interacting. It is little or nothing else. We tend to think of the economy in terms of resources,...
Debunking Socialism With Common Sense Morality
by Bryan Caplan | Aug 24, 2022 | Featured Articles
I’ve read almost every major work of libertarian political philosophy ever published. In my view, Michael Huemer’s new The Problem of Political Authority: An Examination of the Right to Coerce and the Duty to Obey is the best book in the genre. What’s so great about...
Blog
Roland Fryer’s Shocking Conclusion
https://youtu.be/2nLWCLsmpJ4 On the most extreme use of force – officer-involved shootings – we find no racial differences in either the raw data or when contextual factors are taken into account. We argue that the patterns in the data are consistent with a model in which...
The US Government Has Been Lying About How to Lose Weight for Decades
https://youtu.be/TUADs-CK7vI Fat Fiction Movie Website Research by Ann F. La Berge: How the Ideology of Low Fat Conquered America Turns out a low-carb diet does far more to help people lose weight than a low-fat diet.
The “Rich Get Richer” Myth
Some 94 percent of Americans who reach “top 1 percent” income status will enjoy it for only a single year. Approximately 99 percent will lose their “top 1 percent” status within a decade. Now consider the top 400 U.S. income-earners—a far more exclusive club than the...
The Non-Existent Difference Between National Socialism and Democratic Socialism
Summary: National Socialism and Democratic Socialism both advocate institutionalized violence by the state against peaceful people only differing in rhetoric. The most popular self described Democratic Socialists in America today are Senator Bernie Sanders and...
A Response to My Memorial Day Critics
My article against Memorial Day drew a lot of ire and attention. This should not have been surprising; I was making a controversial statement. What did surprise me, however, was that many critics were self-described libertarians or former libertarians. There were many...
Ignoring Political Gossip & Sticking to Principle
https://youtu.be/ZwWHjYVY4tg In the private sector, firms must attract voluntary customers or they fail; and if they fail, investors lose their money, and managers and employees lose their jobs. The possibility of failure, therefore, is a powerful incentive to find...
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