Tag: market competition
5 ways market competition can reduce global poverty
October 17, 2022 | Post
Economic competition in functioning market economies it the best surefire way to reduce global poverty. That, and letting people leave poor countries for rich ones.
What America needs most right now is more economic freedom.
February 24, 2017 | Post
If human flourishing is our goal, we must return to a society where economic freedom is championed.
William Graham Sumner Part 2—The Rejection of Social Darwinism
February 12, 2017 | Post
Not only is the charge of Sumner being a social Darwinist unfair, but it characterizes his views as nearly the opposite of what they actually were.
The robber barons weren't robbers. Here's why.
January 5, 2017 | Post
Among the great misconceptions of the free economy is the widely-held belief that “laissez faire” embodies a natural tendency toward monopoly concentration.
New anti-Airbnb law protects hotels from competition (and violates private property and freedom of exchange)
November 15, 2016 | Post
Airbnb is now facing greater opposition in New York thanks to a recent bill signed by Governor Andrew Cuomo which bans advertising of short-term rentals.
Competition makes the world beautiful: The early years of rock
October 29, 2016 | Post
Whether it’s music, art, or commerce, it’s competition that makes the world beautiful.
Economic freedom and economic harmony
October 28, 2016 | Post
The right of humans to freely cooperate on an open market is the surest way to bring about not only economic, but human harmony.
Are Silicon Valley's Chaos Makers Smart or Insane?
September 23, 2016 | Post
Entrepreneurs pitch an endless stream of Ideas. Everyone argues over which can work. A few attract funding. Most fail. This competitive market process ensures only the best survive.
Minimum-Grade Legislation, Revised Edition
August 27, 2016 | Post
The real minimum wage is zero, despite the best efforts of the economically illiterate public sector do-gooder.