MARKETS

Capitalism, Market Competition and Netflix

Capitalism, Market Competition and Netflix

Blockbuster’s demise began when it charged a man named Reed Hastings $40 in late fees. That annoyed him so much, he started a subscription-based, mail-order movie rental company he called Netflix.

Abolish Billionaires!

Abolish Billionaires!

“I don’t think that billionaires should exist,” Sanders explained. The crusade’s rallying cry: “Abolish billionaires.” To that end, Warren and Sanders have each proposed special taxes on the ultra-rich.

Money and Liquidity

Money and Liquidity

Perhaps the money of the future isn’t some sophisticated crypto token, but a private promise to consume a widely used service. 

The Case for Global Capitalism

The Case for Global Capitalism

The human condition has been and can continue to be radically and amazingly improved, if only personal freedom and free markets are allowed to work their wonders on our global community of free trade and networks of voluntary association.

Morality of Free Markets

Morality of Free Markets

If millennials and others want to wage war against government favors and crony capitalism, I’m with them 100%. But I’m all too afraid that anti-capitalists just want their share of the government loot.

Business Ethics and The Morality of the Free Market

Business Ethics and The Morality of the Free Market

The ethics of private enterprise and the morality of the market require both a preaching and a practicing of a respect for others’ individual rights to their property and to the rule of voluntary agreement in all transactions, even when market outcomes are not always favorable to oneself.

Liberate Money From The State

Liberate Money From The State

I know that it’s good to have alternatives to government-created currencies. The dollar’s value is only backed by politicians’ promises. I sure won’t trust those.

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