At a congressional hearing on “Birthing While Black,” nearly every politician used the words “birthing people” instead of “women” or “mothers.” Asked why, Shalanda Young, President Joe Biden’s budget director, said, “Our language needs to be more inclusive.”
From SpaceX and Tesla to Uber and Lyft, many of the most successful companies thrived without the government’s stamp of approval.
Politicians say they pass laws to “protect Americans from big business.” People like hearing that. Many don’t like big business. Unfortunately, most people don’t realize that those laws often help big business while hurting consumers.
No capitalist gets our money unless we voluntarily choose to exchange it for whatever he’s selling. As Mitchell puts it, “Capitalism is the only system that gives people the liberty to make their own choices.”
Free markets increase total wealth. Competition encourages entrepreneurs to find new ways to release more value from both people and resources. Because capitalism is voluntary and consumers have choices, the only way capitalists can get rich is to offer us something that we believe is better than we had before. That creates new wealth.
The government’s coronavirus-related unemployment benefits are encouraging some to stay unemployed.
Congress passed the $2.2 trillion HEROES Act. House Democrats said it gives money to “governments who desperately need funds.” But it also gives lots of money to people who don’t need funds.
“The push for college came at the expense of every other form of education,” says Mike Rowe.
Louis XIV had hundreds of servants who prepared him dinner. Today, my supermarket offers me a buffet Louis XIV couldn’t imagine. Thanks to trade and property rights and markets, each of us lives as if we had more servants than kings. We also live longer.
Why do Californians leave? “Exorbitant tax rates, high crime rates, the failing public school systems, the exorbitant cost of living,” says reporter Kristen Tate in my new video.