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We Should Be Happy That China Is Stealing Our Intellectual Property. It’s A Positive Sign Of American Vibrancy

July 14, 2019 /in Articles

The U.S. is the most prosperous nation on earth. That it is explains why entrepreneurs from around the world (including China) want to “steal” or imitate the clever doings of creative minds in the U.S. Pundits view this as a threat, but the much bigger worry would be if the creative found nothing worth emulating.

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Central Planning Is Poisonous To Innovation.

June 27, 2019 /in Articles

Politicians think that somehow, the same government that started a war in Iraq on faulty intelligence, botched the launch of HealthCare.gov, gave us the Solyndra scandal and can keep neither Amtrak nor the Postal Service solvent, can effectively coordinate a strategic vision for American manufacturing.

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The Market Is A Vast Network Of People Being Kind To Other People.

June 6, 2019 /in Articles

Countless minds and countless hands have contributed to the slow march of civilization and helped to create a modern world in which I can perform innumerable operations closed off to previous generations without thinking about them. As Russell Roberts put it, “Love locally, trade globally.” As it gets easier to do the latter, it gets easier to do the former.

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The Modern World Is Doing Spectacularly Well. New Graduates Shouldn’t Think They Can Change It In Their First Weeks Out Of School.

May 30, 2019 /in Articles

I would encourage graduates to marvel at the modern world. I would make clear that the best way for them to change the world — really, the only way to change it for the better — is to work to strengthen and spread the commitment to individual liberty and free markets.

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Even If The Stories Of Socialist Sharks Are Overblown, We Should Still Be Concerned About Attitudes To Capitalism.

May 25, 2019 /in Articles

But just because young people aren’t signing up in droves for socialism doesn’t mean they aren’t concerned about the future of the U.S. economic system. A 2015 poll by the Harvard Institute of Politics found that nearly half of 18- to 29-year-olds believe the American Dream is “dead” for them.

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Here’s How We Cut The Federal Government In Half.

May 15, 2019 /in Articles

This would leave Federal spending limited to: the military, debt service, retirement benefits for Federal employees, and “everything else.” This too could eventually be cut in half over time. At present, these categories constitute 38% of Federal spending, or 7.9% of GDP. This reduced spending commitment could be funded with a much simpler tax system.

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Four Reasons Why Entrepreneurial Action Is The Most Desirable Route To An Improved Society.

May 13, 2019 /in Articles

But entrepreneurship can be viewed more broadly as being enterprising: assessing the present, and taking individual action to modify it to achieve personal objectives in the future. This better future is never pre-determined, but instead the entrepreneur imagines it as a possibility and creates it step-by-step.

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Republicans And Democrats Both Love The Monetary Socialism Of The Federal Reserve.

May 12, 2019 /in Articles

The Federal Reserve has been and is the root cause of all this monetary chaos and crises. That’s what central planning does. That’s what any socialist system does.

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Welcome To Turn-Key Capitalism And Functional Markets In A Box!

May 11, 2019 /in Articles

What if blockchain apps and cryptocurrency could simply operate on top of a corrupt system? Software will allow even a nation with a corrupt government and police force, rudimentary banks and broken capital markets to produce useful services.

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Rational Philosophical Ideas Are The Root of Human Flourishing, Irrational Philosophy The Root Of Misery.

May 1, 2019 /in Articles

Philosophy is largely unappreciated. This is a shame, everyone has one. For most people, their philosophy is a random collection of slogans that have been acquired from popular culture. It is not grounded in rational core principles. The first tenet of our Manifesto alludes to the philosophical core our Poetic Justice Warriors profess – reason, purpose and pride.

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