Part two of a two-part series. Socialism Does Not Create Equality Proposed tax increases are just the beginning, as many in Congress are advocating to replace capitalism with socialism. While…
Election: Consider “What” Along With “Who”
First in a series. During the upcoming presidential election, many Americans will once again be voting against someone, rather than voting for someone — if they vote at all. Both…
Government Response vs. Private Sector Response
Part three of a three-part series. In countries where healthcare is socialized, such as Italy and the United Kingdom, government responses ti COVID-19 have been underwhelming and politically charged. “Some…
Bernie Sanders: What about the Economy?
Part Three of a Three-Part Series. Joining Bloomberg with a man-bites-dog-like prediction about Bernie Sanders’ impact, The Independent recently quoted French economist Thomas Piketty as saying that socialism would be…
Would Socialism Be Good for the Stock Market? Nyet!
Part One of a Three-Part Series. With Bernie Sanders now the frontrunner for Democratic Party’s presidential nomination, we wondered what the impact would be on the stock market and the…
Something for Nothing
In his inaugural address, President John F. Kennedy inspired Americans to pursue public service when he said, “Ask not what your country can do for you – ask what you…
Capitalism vs. Socialism
This Independence Day, it’s worth reflecting on the juxtaposition between Hong Kong and China. Hong Kong has embraced capitalism perhaps more than any other country in the world. So an…
Socialism by Any Other Name
Democratic socialism is in vogue. That’s troubling. U.S. Senator Bernie Sanders, who ran against Hillary Clinton in the Democratic primary, calls himself a Democratic socialist. So do New York Congressional…
An Unhappy Birthday to Karl Marx
Karl Marx was born 200 years ago this month. And, in spite of the praise of academics, journalists, politicians and pundits to the far left of the political spectrum, the…
Does the U.S. Have Less Economic Freedom Than Socialist Countries?
On the 2018 Index for Economic Freedom, which we wrote about yesterday, it wasn’t surprising to see that three Communist countries – Cuba (#178), Venezuela (#179) and North Korea (#180)…