It is very unlikely to expect that we can create a civil society using those mechanisms which have gradually contributed to its diminution. You cannot build a civil society from the top down. Luckily, the Internet is here to help.
Bitcoin has become digital gold. In many ways it's become better than gold, allowing for an easier way to make exchanges and transactions worldwide. Trading has never been easier than with cryptocurrency. We are living in an amazing time for currency and trade.
Recently Daniel Lattier wrote about an elementary school in Edina, Minnesota, where public school children "are being trained to see the world through the lens of race." In the New York Times, Robert Jones writes that our distinctly American identity based on common beliefs rather than ethnicity is in danger of being lost.
On Jan. 24, 2017, PBS aired a two-hour special on Rachel Carson, the mother of the environmental movement. Although the program crossed the line from biography to hagiography, in Carson's case, the unbridled praise was well deserved - with one exception. Rachel Carson was an American hero.
Those who speak about being on the "right side of history" have, knowingly or not, adopted an element in Karl Marx's analysis that the capitalist system follows a particular course of historical development that is open to scientific explanation and prediction, and which presumes to be placing humanity on a road that leads to a higher and better form of society - socialism.
The Politically Hopeless, Completely Incoherent, and Totally Lame Economic Agenda of the Democratic Party | John Tamny
Remarkably, Bernstein describes the ideas presented as "bold" and "progressive," but in truth, they're the same lame-brained policies of redistribution that the left have been promoting for decades. And as they're anti-capital formation by Bernstein's very own admission, they're also inimical to the very prosperity that has long made the U.S.
A video bemoaning the rise of automation and machinery went viral the other day. If you haven't watched it yet, take a look and see if you agree: The video suffers from two fatal errors. First, it attributes more weight to that which is seen than to that which is unseen.
Perhaps the most controversial element of the Trump administration's budget is the proposal to reduce food stamp spending by 25% or $193 billion over the next decade. Forty-four million people currently receive food stamps, more than twice as many as at the end of the Clinton administration.
Edgar Wright's Hot Fuzz is one the greatest comedy films ever made. Not only is it a brilliant send-up of classic action movies and a masterwork of writing, editing, and visual humor, it is also an incredible satirical look at what happens when some people decide they know what's best for everyone and justify their actions in the name of the "greater good."
Solutions for Change has gotten 1,200 families off government assistance and back on their feet. But because it requires residents to adhere to certain accountability standards such as staying sober, Solutions for Change is ineligible to receive federal government program funding. As a result, they have foregone $600,000.
When was the last time you heard a sermon against envy or observed a media figure casually recognizing its evils? Condemnation of envy as a motivating force for the destruction of life and property has nearly entirely vanished from the culture.
Defending capitalism as a morally sound economic system is important. One of the questions from the audience concerned the morality of capitalism. "You have shown that capitalism creates more wealth than socialism," a young man conceded. "But is it moral?" he asked.
Big companies have learned that they can get in bed with big government in order to obtain unearned wealth with bailouts, subsidies, and other examples of cronyism. Just as crime is good for criminals but bad for society, cronyism is good for cronies but bad for the economy.
As the freedom of commercial contract came under attack, the employment contract grew widely in use. In an employment contract, one party agrees to sell his or her time to an employer to perform tasks at the employer's bidding - a relationship still known to this day as that of "master and servant."
I've repeatedly argued that there are two Social Security crises. The one most people know about is the fiscal crisis. Simply stated, the program is bankrupt. But you don't have to believe me. Here are some excerpts from a CNBC column. The Social Security Administration projects that unfunded obligations will reach $11.4 trillion by 2090.
Through occupational licensing, politicians get to impose "fees" in exchange for letting people practice their professions. And interest groups get to impose barriers that limit competition, a win-win situation, unless you are taxpayer or a consumer. Or a poor person who wants to get a job.
Recent reports show that the United States is one of the most obese nations in the world. A 2015 report commission by the Organization for Economic Cooperation and Development found that the US "has the fattest kids by a wide margin and is tops in poor health for teenagers."
Friday marked the birthday of probably the most influential social scientist of the last two centuries, Karl Marx. Enormous amounts of ink, digital and actual, have been spilled interpreting Marx, reinterpreting Marx, exegeting Marx, applying Marx, criticizing Marx, refuting Marx, praising Marx, and burying Marx.
In mere decades, South Korea has gone from poverty to exceeding average wealth in the EU. But South Korea has not only grown rapidly richer, but also rapidly taller. The average woman there is now 20.2 cm taller than a century ago - almost as tall as the average British woman.
Ironically, in its eagerness to overthrow a regime, the Mexican Revolution ended up creating a much more enduring and dangerous one, which did not center on a single person, but rather on the ideals and lifestyles of the entire population.
When Zionism rose to prominence in the Jewish world, many thought voluntary socialism and Zionism were a perfect match. The mass immigration to Palestine would create an opportunity to build a utopian socialist society from scratch. By the 1980s, however, the "Kubbitzim" had devolved into financially insolvent, privilege-weilding special interest groups relying on state power for their continued existence.
Forty years ago tonight, President Jimmy Carter delivered an address making dark predictions of an imminent shortage of natural energy resources. But instead of ridiculing Carter's speech, we should learn from it. It shows the power of markets to deal with resource constraints.
In a Special Economic Zone (SEZ), a government creates exceptions to its own rules - a haven from the status quo that prevails elsewhere in the national territory. About 75% of the world's countries now host SEZs, which number at least 4,000.