We are culture builders. And one of the tools in the toolbox is capitalism—to form our people to compete well in the market, and to execute, to have confidence in what they are doing.”
Here’s what not to do: force explicit, obnoxious, and controversial political messages into areas that are not inherently political. If you make kids’ movies like Disney, pressuring states to not adopt anti-abortion laws is actively trying to kill off your own target demographic.
Gains in technology and food science, along with the widespread reduction in transaction and transportation costs, have enabled producers to increase quality, get better information on what consumers want, and ship those products to stores more quickly, more safely, and all year round.
For a quarter century now there has prevailed the myth of American middle-class economic stagnation. Specifically, this myth holds that ordinary Americans’ living standards hit a peak in the mid-1970s and have remained stagnant ever since. But the statistics used to tell the stagnation myth are seriously flawed.
Almost no one has abandoned modern society to return to a happy, integrated life of fixed poverty. And perhaps the most conspicuous non-withdrawers from society are those very critics who use our modern “alienated” mass communications to denounce modern society.
This greening is good news. It means more food for insects and deer, for elephants and mice, for fish and whales. It means higher yields for farmers; indeed, the effect has probably added about $3 trillion to farm incomes over the last 30 years. So less land is needed to feed the human population and more can be spared for wildlife instead.
Many younger Americans think collectivism is the answer to all of our current problems. Redistribute everything and spread the wealth. End inequality. Tax the rich harshly to help the poor. Is it really liberal to use identity politics as a means of judging people?
Inflationism, however, is not an isolated phenomenon. It is only one piece in the total framework of politico-economic and socio-philosophical ideas of our time. Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, […]
Venezuela’s institutional and cultural decline began in the 1970s with the nationalization of its oil industry and the state’s rapid encroachment into the economy. The last 50 years of Venezuelan economic history have been filled with sub-optimal economic interventions.
Communities offer their members a sense of identity, a sense of place and belonging that will survive the trials and tribulations of modern life. When faced with a choice between self-interest and community interest, or between community members and others, members are more inclined to put their own community first.
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