Plain Old Free Market Capitalism and its Parodies

“Sustainable capitalism” means imposed stagnation, the elimination of creative destruction, and permanent Keynesian feudalism. “Inclusive capitalism” means degrading paternalism, ideological intimidation, and the demand for strict collaboration with one’s self-proclaimed political overlords. “Stakeholder capitalism” means the suppression of entrepreneurial independence and permanent regime uncertainty for businesspeople who abhor cronyism.

COVID-19 Lockdowns: Liberty and Science

The Chinese Coronavirus (COVID-19) hit American shores — officially, anyway, there is significant evidence that it arrived earlier — in late January 2020. The American public was then told that a two-week shutdown of the economy would “flatten the curve,” relieving the pressure on hospital intensive care units and saving lives in the long run. The average American, including conservatives,…

Entrepreneurship Is Accelerating at the Fastest Rate in Decades During This Pandemic

This week, the Wall Street Journal reports that entrepreneurship during the pandemic is accelerating. Several metrics point to this growth, including the number of people applying for tax identification numbers. The Journal cites US Census Bureau data revealing that applications by small businesses rose nearly one-third between January and September, compared to the previous year. In particular, applications skyrocketed between July and September, rising 77 percent from the previous quarter—the biggest quarterly increase in 16 years of tracking this data.