Faded Memories Are Leading to a Rejection of Free Markets

After almost a hundred years of seeing the effects of socialism and other government interventions in the market, American attitudes began to change in the 1980s and 1990s. The benefits of deregulation and privatization began to seem obvious and more people began to embrace free enterprise. Continue Reading...

Socialism Makes People Selfish

Does socialism make people kinder and more caring, while capitalism makes people greedy and more selfish? No, in fact, just the opposite is true. In this video, Dennis Prager explains the moral differences between socialism and capitalism, and why anyone who wants a kind and generous society must support one and oppose the other. Continue Reading...

6 thought-provoking quotes from AEI’s ‘Economic Freedom and Human Flourishing’

In considering issues of political economy today, it is always prudent to refer to wisdom from the past.  The American Enterprise Institute’s recent publication “Economic Freedom and Human Flourishing: Perspectives from Political Philosophy” is a collection of essays that analyzes the thought of several prominent philosophers on the connection between the title’s two subjects. Continue Reading...

How to Have a Great and Holy Council

There’s been a lot of discussion leading up to the planned Pan-Orthodox Council in Crete this month. As is typical of councils in the history of the Church, so far it’s a mess, and it hasn’t even happened yet. Continue Reading...

What Would Life Be Like Without Capitalism?

In an era where socialism is (inexplicably) once again in vogue, we should ask, “What would life be like in a world without capitalism?” The Fund for American Studies has produced a superb It’s a Wonderful Life-style video that not only shows what life would be like if we banned free enterprise (i.e., Continue Reading...

Why Edmund Burke Supported Free Trade

The Republican Party is fracturing on the topic of trade. Alas, in the same corners where free and open exchange was once embraced as a propeller for economic growth and dynamism, protectionism is starting to stick. Continue Reading...
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