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Capitalism Updated

Progressivism can be viewed as socialism lite, paying homage to the great progress of capitalism while acknowledging some of the limitations of a free market. Social and economic theories develop, mature and evolve as they face the hard tests of history and events. ...

The Primary Cause of Economic Stagnation

State control of money has become a force for government economic centralization, wreaking havoc on economies around the globe, whether capitalist or socialist. By controlling money supplies, central banks and their political sponsors determine who gets money and thus...

Velocity is Freedom

The big prize at Freedom Fest was George Gilder, most famously noted for his Wealth and Poverty. His new book is The Scandal of Money. Gilder wrote of travelling to China with Milton Friedman and respectfully challenges many of Friedman’s assumptions which have...

Obsession with Debt

“Nothing is more advantageous to the socialists in our midst than a futile and confusing preoccupation with debt. Thomas Babington Macaulay provides some useful historical perspective in his discussion of Britain’s fiscal straits at the end of the twelve-year War of...

The Real Forces of Decline

“It is perverse and self-defeating for conservative CFOs to focus on the federal government’s profit and loss statement as if it were some test of fiscal virtue and the path to national revival. The key issue is not the prodigal spending but the corruption of the...