Welcome to our regime of political capitalism, where merit matters but political connections matter even more. In an unalloyed capitalist system, money flows to those who offer goods and services of value to consumers. In a political capitalism system, money…
Palo Alto: A History of California, Capitalism, and the World By Malcolm Harris (Little, Brown and Company, 720 pages, $36) Some might wonder why a conservative would choose to read and review California native son Malcolm Harris’ Palo Alto: A…
Newspapers have been reporting on the demographic challenges in Asian nations like China, Japan, and South Korea. Some expect China’s population, for example, to be cut in half by 2100. If current trends continue, some of the same problems will…
Neo-reactionary pundits recently called for the creation of a 21st-century House Un-American Activities Committee. Jon Schweppe at Newsweek argued, “Republicans in the House should think bigger than simply calling former Twitter executives before the House Oversight Committee. We need a…
The cosmetics at your local store need new rules and enhanced oversight, according to Congress. Tucked deep inside the 4,155-page omnibus spending bill is the Modernization of Cosmetics Regulation Act of 2022. Americans should be skeptical of the measures in…
Millions of Americans will walk into their local supermarket this week to prepare for Thanksgiving dinner. With no government-regulated grocers or price gouging driven by black markets, they will walk out with the turkey of their choosing — without waiting…
From Harvard to Hong Kong, stakeholder capitalism is gaining popularity at elite business schools worldwide. Followers of this trendy concept believe that a corporation, instead of primarily operating to benefit shareholders, should work to benefit all interested parties — or…
I was recently reminded of a profound truth about the free market and the prices that sit at its center. Unfortunately, this truth is often overlooked by both critics of the market economy and by economists like myself. This simple…
Over the past two years, the battle of ideas in public policy has widened in scope, intensified in fury, and escalated in consequence in our daily lives. The fight rages at all levels of government and all corners of society….
Many people on the Right fear “woke capitalism” and the idea that corporate executives will bend to pressure to advance a vision of the world that replaces their values with progressive ones. To those who are worried, I say, be…
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