By Faruk Okcetin, TES Contributor Ralph Benko, the author of The Ten Commandments of Capitalism: The Secret Recipe for Equitable Prosperity, despite the title of his book does not pretend to be a divinely inspired prophet. Moses came down from Mount Sinai, locally called Jabal Musa, to provide humanity with the most basic principles of […]
Tag: capitalism
Zitelmann: Socialism always fails, yet somehow never loses its appeal
By Dr. Rainer Zitelmann In his Lectures on the Philosophy of History, the German philosopher Hegel observed: “But what experience and history teach is this – that peoples and governments never have learned anything from history, or acted on principles deduced from it.” It could well be that Hegel’s verdict is too harsh. Nevertheless, […]
President Trump, Use True Capitalism To Restore American Prosperity Fast!
By William R. Collier, Jr. The number one question in America right now? When to reopen for business. The left leans toward delaying the reopening of “inessential” businesses. These are, however, essential to the sustenance of their employees and owners. The right leans toward a fast reboot, devil take the hindmost, on […]
Politics, technology and environmental change merging in megatrend, threatening upheaval
By Dr. Alexander Görlach, Senior Fellow, Carnegie Council for Ethics in International Affairs The coming months will see three trends from last year merge into a megatrend that will not only define the presidential election in the USA but also send waves across the Atlantic to Europe and across the Pacific to […]
Capitalism, the Most Effective Remedy for Poverty In History, Is Under Attack
By Dr. Barbara Kolm, Director, Austrian Economics Center During the annual World Economic Forum in Davos, Switzerland, which took place in January, the newest edition of the Edelman Trust Barometer was released. The results were shocking to say the least: 56 percent of respondents agreed that “capitalism as it exists today does […]
Market Environmentalism Is No Oxymoron
By Kai Weiss, courtesy of the Austrian Economics Center This article is an adapted version of remarks given at the Climate and Freedom Summit 2019 in Madrid, Spain, organized by Fundalib, Reason Foundation, and the Clean Capitalist Leadership Council on December 12. No other political topic has played as great of a role in 2019 as […]
Advancing Free Markets in Populist Times
By Iain Murray and Johan Norberg “National conservatism” is the flavor of the month, it seems. Recent European elections have seen parties that espouse big government and nationalism gain ground in both Poland and Germany – and the Polish government has duly announced a bigger role for the state in the economy. In the […]
The debate over industrial policy ended… 35 years ago
By Erik Sass, TES Editor-in-Chief The rise of populism has brought with it the return of statism in the economic sphere, especially regarding international trade, where previous moves towards freer trade have been roundly rejected in favor of old-fashioned mercantilism and bilateral brinksmanship. Another aspect of the economic déjà vu is […]
Venezuela vs. Chile: Socialism In a Nutshell
While Venezuela’s agony is all the evidence we should ever need of socialism’s disastrous outcomes, an even more crushing indictment lies in the stark contrast between Venezuela and Chile, which has embraced broadly market-friendly policies over the last few decades. In their essay in CapX Marian Tupy and Alexander Hammond highlight the vast […]