Economics
Economics
Per-Worker Productivity Compared: Fossil Fuels versus Wind and Solar
David McGruer February 4, 2021
Supporters of wind and solar energy present these industries as modern, competitive, and poised to replace fossil fuels in a “great energy transition.” One of their “selling points” is that generating so-called renewable energy creates more jobs. Indeed, it does—but is this a pro or a con?
Arts & Culture, Economics
Capitalism’s Greatest Hits: The Top Five Heartwarming Holiday Ads of All Time
Tim Chermak December 23, 2020
I love the holiday vibe during the few weeks before Christmas: the fir-scented candles, Dean Martin and Frank Sinatra holiday music, Christmas lights, hot chocolate, and ads. Wait, what? Yes . . . advertisements.
Economics, Politics & Rights
The Pattern Day Trader Rule Hinders Financial Independence
F. F. Mormanni November 19, 2020
Imagine telling a heart surgeon that he can make only three movements per operation. If you are aiming to make money by day-trading, limits imposed by the PDT rule are equally asinine.
Economics, Politics & Rights
The Immorality of Universal Basic Income
Angelica Walker-Werth November 13, 2020
Universal basic income would sacrifice the most productive to the least, wrenching the rewards of their productivity away from them.
Economics, Politics & Rights
The Assault on Rideshare Companies and Drivers
Maggie Bird October 7, 2020
Anti-rideshare organizers present drivers as victims, and if they get their way, drivers certainly will be.
Economics, Politics & Rights
The Assault on Corporations
Michael Dahlen August 20, 2020
For their endless innovations and productive achievements—the goods they create, the services they provide, the problems they solve—successful corporations deserve our deepest respect and admiration. And when they are unfairly attacked, they deserve our defense.
Arts & Culture, Economics, Reviews
Animal Crossing: New Horizons by Nintendo EPD
Tim White August 6, 2020
Animal Crossing: New Horizons serves as a glowing endorsement of both the economic and social aspects of capitalism. Although the game is targeted primarily at children, it’s also hugely popular with adults and is designed to appeal to people of all ages.
Economics
Jeff Bezos’s Beautiful Defense of American Entrepreneurialism
Jon Hersey August 5, 2020
I dare you to read—without shedding a tear of joy—Jeff Bezos's July 29 statement before a U.S. House of Representatives subcommittee on Antitrust.
Economics, Politics & Rights, Reviews
Reimagining Capitalism in a World on Fire by Rebecca Henderson
Eric Daniels July 23, 2020
Although Henderson promises to demonstrate how a “reimagined capitalism” might “rescue a world on fire,” her book does not correctly identify capitalism, never mind reimagine it.
Economics, Politics & Rights, Science & Technology
Why We Should Celebrate the Wealthy Going to Space
Owen Lewis June 4, 2020
Contrary to space egalitarians, the prospect of the ultra-wealthy going to the Moon before the rest of us is cause for celebration. It’s an instance of moral justice, as they have earned the ability to go. And, because of their efforts, earnings, and risks, the rest of us might one day have the opportunity to go as well.