Why, in spite of massive evidence that profits motivate entrepreneurs to innovate in ways that enable so many of us to live comfortably, is there still a sense that inequality is unfair?
The source of technology and prosperity—the free human mind—is unshackled only under capitalism Would you give up the Internet for a million dollars? This was the question posed in a recent YouTube video distributed by The Fund for American Studies. Not surprisingly, many who were interviewed
In another hard-hitting piece in MIT’s The Tech, Keith Yost responds to the charge, much discussed of late in connection with the Wisconsin union protests, that our society faces a crisis of “inequality”: Let’s begin with the obvious: the inequality of well-being has drastically fallen since
"Food aid policies are in desperate need of reform," reads the subtitle to Harvard student Thomas Hwang's recent article in The Harvard Crimson. Hwang makes the argument that the current system of food aid is actually detrimental to the poverty-stricken nations it aims to help,
The American economy is in a state of malaise. Stock and real estate prices have plummeted from their peaks in recent years, people have collectively lost trillions of dollars, major companies have gone bankrupt, and unemployment numbers remain high. Undoubtedly, many students are lying awake
Health care reform vital for all Americans Daily Illini University of Illinois Dear Editors, In your recent editorial, “Health care reform vital for all Americans,” you applaud the proposed healthcare bill for its efforts to “reform the broken health care system,” but you never mention who broke it in
Would Jesus Be A Capitalist? Emory Wheel Emory University Madam- In your article, “Would Jesus Be A Capitalist?” you describe how, upon noticing a line of scripture while walking through Goizueta Business School, you found yourself laughing with a sense of irony. Jesus, you suggest, would not have endorsed
On September 7th Americans observed the holiday known as Labor Day. Many of them, not knowing its origins, enjoyed a day, ironically, without labor. Yet the question of why Labor Day exists and what it celebrates should be answered by the virtue of its continued
The debate about today’s increasing push for government expansion focuses exclusively on cost, without evaluating whether such expansion is morally proper.Imagine a negotiation like one commonly seen at an auto dealership. The seller pitches a price; the buyer complains it’s too high. They fiercely consult
From the beginning, most commentators agreed that this recession was caused by a failure of the free market. But an important fact that seems to have been forgotten is that America is not a free market. The government is active in every industry-from health care to
