Defending the Judeo-Christian Heritage, limited government, and the American Constitution
Tuesday February 9th 2016

Posts Tagged ‘free enterprise’

Federalist Papers, No. 13: Alexander Hamilton

Federalist Papers, No. 13: Alexander Hamilton

FOUNDERS CORNER LIBRARY, MAJOR WORKS Wednesday, November 28, 1787 To the People of the State of New York: AS CONNECTED with the subject of revenue, we may with propriety consider that of economy. The money saved from one object may be usefully applied to another, and there will be so much the less to be drawn from the pockets of the [...]

The Gambler and Locksmith Work — T.F. Stern

The Gambler and Locksmith Work  — T.F. Stern

By T.F. Stern, Kenny Rogers had a hit tune many years ago, The Gambler, about a fellow on a train who gets some sage advice from an old man who borrowed a cigarette and a drink from his bottle. Over the years I’ve considered that information; once in a while putting the last two lines into practice.  This morning was an opportunity to see [...]

Chicago Food Truck Entrepreneurs File Lawsuit Against City

Chicago Food Truck Entrepreneurs File Lawsuit Against City

LIBERTY ALERTS, INSTITUTE FOR JUSTICE Chicago food truck entrepreneurs Greg Burke and Kristin Casper have teamed up with the Institute for Justice to fight to overturn unconstitutional and protectionist laws.Photo credit: Institute for Justice Arlington, Va.—Should the city of Chicago be in the business of protecting restaurants from food [...]

Preserving the Teaching of Americanism

Preserving the Teaching of Americanism

Karen R. Effrem, MD, Education Liberty Watch The nation is approaching the Thanksgiving holiday and the chance to reflect upon and give thanks for the many blessings and liberties that we still have and for which so many have sacrificed. Education Liberty Watch believes that one very appropriate way to celebrate is to preserve the [...]

Hayek on Individualism

Hayek on Individualism

SHELDON RICHMAN, THE FREEMAN F. A. Hayek’s essay “Individualism: True and False” overflows with insights that belong in any brief on behalf of a free society. As the title suggests, Hayek wished to distinguish two markedly different philosophies associated with the label individualism: one that rejected rationalism and one that embraced [...]

The Virtue of Market Inefficiency

The Virtue of Market Inefficiency

SANDY IKEDA, THE FREEMAN Markets are often rightly characterized as extraordinary problem solvers. Under the right rules of the game (including private property, free exchange, and the rule of law) people following their own self-interests can coordinate their plans with one another more or less successfully, generating an overall order without [...]

Chris Clancy: On Truisms and Reality

Chris Clancy: On Truisms and Reality

BY CHRIS CLANCY Election 2012 is drawing to a close. The finishing line is in sight. And not before time. Obama’s first term has been quite a learning experience – for him, his loons and the rest of us - a not-to-be-repeated example of just what happens when a bunch of liberal academics, supported by a liberal media, are put in [...]

Moving Beyond Free-Market Minimalism

Moving Beyond Free-Market Minimalism

SANDY IKEDA, THE FREEMAN The “economic point of view” means, to a lot of people, assuming people are nothing but cost-cutting opportunists—economizers who wouldn’t hesitate to gain at someone else’s expense if they could get away with it. Such bloodless calculators, though perhaps staying within the law, wouldn’t miss a chance to [...]

Made Everywhere: Fear not China or any other producer

Made Everywhere: Fear not China or any other producer

SHELDON RICHMAN, THE FREEMAN The Commerce Department (whose idea was that?) routinely reports on the U.S. trade deficit–that is, the amount by which the dollar value of American imports exceeds the dollar value of American exports. China’s trade surplus with the United States is of special concern to many people. Ordinarily, I ignore [...]

Ice and Economics

Ice and Economics

DAVID HEBERT, THE FREEMAN What can an entrepreneur’s attempt to profitably ship ice from America to the Bahamas teach us about economics? We’ll see, but let’s begin with some fundamentals. Prices, property rights, and profit (and loss) lead to information, incentives, and innovation. This simple statement contains nearly every lesson [...]

The Risk Within

The Risk Within

General Douglas MacArthur General Douglas MacArthur, The Freeman, 1957 Excerpts from remarks to stockholders at the Annual Meeting of Sperry Rand Corporation, July 31, 1956.  We approach for the first time in history an era in which the industrial tools provided by science and technology give promise to mankind of satisfaction of his [...]

“You Didn’t Build That . . .”

“You Didn’t Build That . . .”

SANDY IKEDA, THE FREEMAN In a recent stump speech President Obama articulated a view of the social world that reflects an all-too-common political perspective. Here is part of that speech: If you were successful, somebody along the line gave you some help. There was a great teacher somewhere in your life. Somebody helped to create this [...]

The White House Defends Public Equity

The White House Defends Public Equity

MIKE BROWNFIELD, HERITAGE FOUNDATION Up is down, left is right, good is bad, and day is night. If you wander inside the Washington, D.C., beltway, you’ll enter a bizarro world where, at times, commonsense is replaced by a localized logic that is completely divorced from the reality. The latest example of political gobbledygook comes [...]

Four Pillars of Our Prosperity

Four Pillars of Our Prosperity

Liberty Letters, Thomas Jefferson Agriculture, manufactures, commerce, and navigation, the four pillars of our prosperity, are the most thriving when left most free to individual enterprise. Source: Thomas Jefferson, First Annual Message, 8 December 1801.

Donald Shoup Takes San Francisco

Donald Shoup Takes San Francisco

Sandy Ikeda, The Freeman Every so often during his tenure as mayor of New York, Michael Bloomberg has tried to push through congestion pricing, in which drivers would have to pay to use city streets in Midtown and Lower Manhattan. That’s a popular solution to chronic overcrowding but, like drinking coffee to try to cure a hang over, it [...]

Putting Useless Government Requirements to Rest

Putting Useless Government Requirements to Rest

Minnesota Entrepreneur Challenges Requirement That All Funeral Homes Must Have an Embalming Room ECONOMIC LIBERTY, INSTITUTE FOR JUSTICE Arlington, Va.—May the government force entrepreneurs to do useless things, like build extra rooms in their stores that they do not need and will never use, just to prove they are serious about their [...]

State of the Union: A Stunning Display of Big-Government Hubris

State of the Union: A Stunning Display of Big-Government Hubris

SOTU RESPONSE: INSTITUTE FOR POLICY INNOVATION DALLAS, TX: Institute for Policy Innovation president Tom Giovanetti released the following statement: “The policy agenda laid out by President Obama in last night’s State of the Union speech implies a breadth and depth of knowledge so far encompassing and in excess of human capacity that it [...]

If Republicans Want to Win, They Must Rebrand “Capitalism”

If Republicans Want to Win, They Must Rebrand “Capitalism”

BY SELWYN DUKE One of the simplest rhetorical truths is that the side that defines the vocabulary of a debate wins the debate.  Yet, amazingly, we still see experienced conservative politicians with access to advanced polling operations and an array of advisors use the Lexicon of the Left. And this election cycle is no exception. I could [...]

The Importance of Failure

The Importance of Failure

Free Enterprise Zone, The Freeman, Steven Horwitz and Jack Knych In today’s society failure has become something to fear, avoid, and therefore prevent at all costs. Whether it is unemployment compensation, farm subsidies, or bailouts for failing companies, the world seems to view failure as having no redeeming social value. If success is all [...]

Don’t Tread On Others

Don’t Tread On Others

Free Enterprise Zone, The Freeman, Sandy Ikeda Recently on Facebook someone posted an image of the famous Gadsden flag:  the yellow banner with a coiled rattlesnake ready to strike. Instead of the famous “Don’t Tread On Me,” however, the poster had substituted: “Don’t Tread On Others.” Both are warnings, but whereas “Don’t [...]

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