Doug Reich

Doug Reich blogs at the The Rational Capitalist with commentary, analysis, and links upholding reason, individualism, and capitalism.

Immigration: The Case Against Open Borders

The idea of a completely open border with nothing but a welcome sign would represent a violation of government’s obligation to protect individuals from foreign threats.

Imagine a Highway

If roads were private the owners would have an incentive to provide capacity, safety, and invent a pricing mechanism that would enable traffic to flow freely.

Price “Gouge” Me, Please!

Artifically low prices resulting from government decree causes an artificial shortage which results in long lines, empty stations, and lack of incentives for more supplies.

A Beautiful Epitaph

While reading “The Great Bridge: The Epic Story of the Building of the Brooklyn Bridge” by David McCullough, I came across a passage referring to the death of Emily Roebling, the wife of Washington Roebling, that I found particularly poignant.

The Left’s New Straw Man: The Shareholder as Mafia Boss

In a recent Washington Post op-ed, Harold Meyerson, an avowed socialist, compares corporations who buy back their own shares to Las Vegas mafia bosses who used to skim casino profits.  The basis for his smear is "a recent paper by J.W. Mason, an economist at the City...

Nobody’s Perfect

Just as religious altruism pits man’s fundamental nature against him by demanding he be a self-sacrificial animal for God, so environmentalist altruism pits man’s fundamental nature against him by demanding he be a self-sacrificial animal for Earth.

Why Obama Stumbles on Syria

The lack of a principled, moral approach to foreign policy is why Obama has America stumbling around the world actually threatening America’s interests rather than our enemies.

A Parable on The Deception of Central Banking

Central banking requires that government bureaucrats act in a way to distort the entire economic system by introducing counterfeit credit into the monetary system in such a way that businessmen are continually fooled into acting in a way that mimics the behavior of businessmen operating in an actual economic boom.

The Moral Case for Price “Gouging”

There is a knee-jerk response to the notion of an individual raising the price of his property during a storm that immediately evokes hostility from most people. Why?

 

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