Capitalists: The Most Valuable Yet Endangered Species

Capitalists: The Most Valuable Yet Endangered Species

Far more important than a debate about the relative practicality, efficiency, or productiveness of capitalism and socialism is a debate about their relative moral merits. It’s good that Americans increasingly are debating “capitalism versus socialism” instead of...
Anti-Socialism Isn’t Pro-Capitalism

Anti-Socialism Isn’t Pro-Capitalism

The era of big government is back, and although America remains a mixed system, the socialist element is greater now than in 1996 and momentum today favors more socialism. Last fall marked the bicentennial of the birth of socialist Karl Marx in 1818, which triggered...
Justice Demands That We Should Celebrate Diversity in Wealth Too

Justice Demands That We Should Celebrate Diversity in Wealth Too

In most realms of life today, diversity and variety are justifiably celebrated and respected. Differences in athletic and artistic talent, for example, entail not only robust, entertaining competitions, but fanatics (“fans”) who respect, applaud, award, and handsomely...
Fallout from the Trade Wars

Fallout from the Trade Wars

Despite strong economic growth, U.S. equity performance has faltered badly a couple times this year, perhaps primarily because of growing fears about the fallout from the current president’s trade wars.  Although his administration justifiably cut corporate tax rates,...

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