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Republicans Must Be the Party of Small Business
A recent Wall Street Journal lead story reported that "Republicans and big business broke up." The amount of corporate donations to Republicans was cut sharply in the last election cycle to a lower amount than in…
Republicans Must Be the Party of Small Business
A recent Wall Street Journal lead story reported that "Republicans and big business broke up." The amount of corporate donations to Republicans was cut sharply in the last election cycle to a lower amount than in…
California Is Trying to Pass a Law That Would Stop Employees From Confronting Shoplifters. Here’s Why It Would Be a Disaster
Thomas Baltimore Jr., the chairman and CEO of Park Hotels and Resorts, announced earlier this month that his company would stop paying a $725 million loan on two of San Francisco’s largest hotels, Hilton San Francisco Union…
How Societies Are Harmonized Through Market Transactions
When people hear the word "profit," negative connotations often come to mind. For many, profits are the fruit of material greed, emblematic of inequality and the poor state of human nature. The different segments of…
Capitalism Is Not Just about Stuff
“As I understand an economy, its ultimate purpose is to produce more consumer goods. This is the goal. This is the object of everything that we are working at: to produce things for consumers.” Those words were spoken by the…
Lincoln Steffens: The Muckraking Journalist Who Exposed Corruption in US Cities—but Was Seduced by Lenin’s Bloody Revolution
A century ago, the American journalist Lincoln Steffens visited the land of Lenin (the Soviet Union) and famously pronounced upon his return, “I have been over into the future, and it works.” Steffens was known in his day as…
Is the Unemployment Rate a Deceptive Statistic?
This week for Ask an Economist, I have a question from retired CPA, Nicholas G. He asks, “why is so much attention paid to the somewhat artificial and easily manipulated unemployment number instead of a "hard"…
Reviving the ‘Can-Do’ Spirit Is Key to Recovering from the COVID Years
“In life, your attitude determines your altitude,” a wise person once said. I agree. I’ve observed many people with bad attitudes over the years. Without exception, they didn’t amount to much until they fixed their attitude…
To Reduce Airline Ticket Prices, Expand Washington’s Reagan Airport
Those who live in or near the nation's capital, or routinely travel there, know that the Washington, D.C., region is home to the best airport in the country, Reagan National. It's also home to one of the worst…
To Reduce Airline Ticket Prices, Expand Washington’s Reagan Airport
Those who live in or near the nation's capital, or routinely travel there, know that the Washington, D.C., region is home to the best airport in the country, Reagan National. It's also home to one of the worst…
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