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capitalism Tag

Pawtucket, RI, is just north of Providence. Pawtucket (pronounced "p-tuk-et" to those in the know) is an old mill town which has huge economic problems (as does the entire State of Rhode Island and Providence Plantations). So what should the federal government do to help...

Larry Summers, Obama's chief economic adviser, says we must overcome the "excess of fear":President Barack Obama's top economic adviser said Friday the nation's economic crisis has led to an ''excess of fear'' among Americans that must be broken to reverse the downturn.National Economic Council Director...

What is it with this President? Obama has an obsessive need to find enemies against whom to campaign. When Obama's presidency is over, hopefully in four years (but likely eight years) there will be two sets of psychologists: Those who provide therapy to the American...

The website DebkaFile is reporting that Bibi Netanyahu's choice for Israeli Foreign Minister is Anatoly (Natan) Sharansky, a hero of the Soviet refusenik movement. For those of you who are not familiar with Sharansky, his story is inspiring. In the weeks just before and after...

An Op-Ed in today's Wall Street Journal argues that Chapter 11 bankruptcy is a better alternative to endless bailouts. UPDATE: Here is another view, arguing that Chapter 11 would be a "death knell" for the US auto industry. UPDATE No. 2: Another article arguing in...

Conservatives face a choice. Yield to "progressive" policies which, once implemented will take a generation to undo, or stand on principles of free enterprise, individual liberty, and capitalism? Giving in is much easier, but in the long run more costly. We can learn a lot...

As we conclude this final day before the election, the arguments have been made, the advertisements run, and the cash spent. Through all the noise, the essential decision facing the American people has not changed.It's all about trust.I trust John McCain. Although I have never...

It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime:Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge — using...

Are we witnessing the end of capitalism? Has it ever been this bad? Do these charts show the end of capitalism? I guess that depends on how you look at things. The first chart tracks the Dow Jones Industrial Average from 1920-1940, when the average went from...