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…
China vs. U.S.A.
We’ve been observing the ebb and flow of trade negotiations between China and the United States with anxiety, hope and curiosity. The “trade war” — fought as mental combat, not…
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…
Lessons from the Great Recession
Our past two posts addressed causes of the Great Recession and how it was addressed. Today, we look at lessons learned from the crisis. It’s easy to forget what happened…
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…
Re-establishing Independence
Two years ago, we called our Fourth of July post “Happy Dependence Day,” noting the erosion to our personal freedoms, increasing dependence on government entitlements, enactment of new regulations without…
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…
Fed, Not Capitalism, Responsible for Income Inequality
“Income inequality in the United States has been growing for decades, but the trend appears to have accelerated during the Obama administration.” …
In Defense of Capitalism
“The problem is we don’t have enough free markets.” …