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.
Before dawn, dozens of union activists invaded a strawberry farm, shouting through bullhorns. This frightened workers and infuriated the farm’s owner, Mike Fahner, who thought that in America, owning property means you have a right to control access to that property—your home is your castle, and all that. Not in California, where politicians allow union organizers to raid farms.
The vaccine rollout crawls forward. Most of us will spend weeks, or months, waiting. Great Britain did better. As of today, one-third of the English are already vaccinated, twice as many as in America. Why?
Politicians have too much power over our lives. Many used the pandemic as another excuse to take more. Early on, politicians declared that they would decide who was “essential.” Everyone else was told to stay home.
Today’s environmental activists are so hostile to capitalism that they end up killing animals they want to protect. Like the African rhinoceros.