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Category Archives: Economics
Fixing “Failed Capitalism” with Principled Rule of Law
Today I was referred to an article in The Times (London) by Matt Ridley titled “Yes, capitalism failed. It’s just too cosy.” What Ridley was criticizing is the “crony capitalism” that reflects our current economic systems in the US and … Continue reading
Posted in Articles, Economics, F.A. Hayek, Government
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Government and Unions: Where’s the Referee?
The culture war in the United States can be compared to one big labor dispute between employers and workers. When the 20th Century began, the United States was in the middle of a great growth of industry, and there were … Continue reading
Posted in Articles, Economics, Government
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Solyndra and Foreclosure Rentals: When the Referee Becomes a Player
When a referee of a football game starts choosing sides he gets fired, and Washington’s attempt to become a player rather than a referee in the U.S. economy should cause the same outrage as we would see against a football … Continue reading
Posted in Articles, Economics, Government
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Collective Farms as a Solution to the Welfare State’s Demise?
A Radical Overhaul of Welfare This article proposes the radical overhaul of government welfare in the United States to solve many social ills the present system creates. Instead of cash payouts and food stamps that cause social dependency, despondency, and … Continue reading
Posted in Articles, Culture, Economics, Government
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Distributism and Economic Justice
Distributism is a term commonly associated with Catholic economic theory. It seeks economic justice by promoting the widest distribution of property to the largest number of people possible. Distributism also relates to the principle of subsidiarity, which means the greatest … Continue reading
Posted in Articles, Economics, F.A. Hayek, Government
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