iOS app Android app

Free Market

Killing Us With Coal: Why Do We Let Them Do It?

Kelly Rigg | Posted 12.15.2012 | Green
Kelly Rigg

How can it be that investment in clean energy is heading for a disappointing drop in 2012 while the International Energy Agency warns that without a radical change in direction, in just a few short years we will have closed the door to limiting global temperature rise to 2°?

Theology Of Capitalism: Entrepreneurs And Money-Changers

Morgan Guyton | Posted 12.04.2012 | Religion
Morgan Guyton

Jesus had plenty to say about entrepreneurs and money-changers that is relevant to thinking through a Christian response to the competing economic visions that are being set before us this election year.

Deconstructing the PMSC Frame

David Isenberg | Posted 12.02.2012 | Business
David Isenberg

Sometimes, as the saying goes, it is not what you say, but how you say it. Or to put it contemporary terms, how you spin it. And for the past couple o...

Looking Back at 'The Newsroom,' Pondering a Free Market

Andrew Fish | Posted 11.04.2012 | TV
Andrew Fish

By inserting a fictional cast into the framework of real-world events, Aaron Sorkin has provided both an outspoken opinion on American politics and a starting point for research into any number of financial and political issues facing the country.

America's Two Countries

Dan Agin | Posted 10.29.2012 | Business
Dan Agin

What we have in America is a poor country living inside a rich country, and our tragedy is the people of the rich country pleasure themselves by acting as if the people of the poor country don't exist.

Chinese Economic Debate Heats Up as Growth Cools Down

Julian Baird Gewirtz | Posted 09.17.2012 | World
Julian Baird Gewirtz

China's growth is widely expected to slow further in the second half of 2012. As it does, the new and old guards of China's leadership will be hard-pressed to reassure the Chinese public that their way remains the best way.

10 Nations Rapidly Losing Faith In Capitalism

The Huffington Post | James Sunshine | Posted 07.16.2012 | Business

Are the workers of the world uniting? Not exactly, but a lot of them sure are mad. A significant number of people around the world have lost faith...

Hands That Are Invisible

Craig K. Comstock | Posted 09.11.2012 | Business
Craig K. Comstock

While praising a "free market," they would thus learn to privatize the profits, and, with the help of people in government who shared their ideology or perhaps a little of their prosperity, or both, to socialize the losses -- to make the public pay for huge bad bets made by bankers.

Has the One-Percent Already Won This Thing?

David Macaray | Posted 09.10.2012 | Politics
David Macaray

While you still hear noises about "corrupt union bosses," what people complain about today it that labor unions are "elitist." Shocking as it may be, America's working people actually use the E-word when referring to other working people.

Defending Obamacare: 5 Basics

Bob Burnett | Posted 09.05.2012 | Politics
Bob Burnett

The Supreme Court decision that let Obamacare stand gives the president, and all Democrats, an opportunity to remake the case that the Affordable Care Act is a good thing. That's a blessing because many voters do not understand Obamacare.

Liberals Working for the Right

Dean Baker | Posted 08.18.2012 | Business
Dean Baker

Some say the left should tout the merits of "government." That is a great idea, if the point is to advance the conservatives' agenda. It is astounding how happy liberals are to work for the right by implying that conservatives somehow just want to leave markets to themselves whereas the liberals want to bring in the pointy-headed bureaucrats to tell people what they should do. This view is, of course, nonsense. Pick an issue, any issue, and you will almost invariably find the right actively pushing for a big role for government. However, for conservatives the goal is not ensuring a decent standard of living for the bulk of the population. Rather the goal is ensuring that money is redistributed upward. And, of course, the conservatives are smart enough not to own up to their use of the government.

Tea Party Grassroots Prep For 'The Hostile Takeover'

The Huffington Post | Cole Stangler | Posted 06.11.2012 | Politics

WASHINGTON -- A four-day conference for conservative activists organized by FreedomWorks was capped off Monday with a boisterous press conference. ...

Mitt Romney Talking Points: A Private Equity Insider Offers Pointers

The Huffington Post | Jon Ward | Posted 05.24.2012 | Politics

One private equity industry insider expressed displeasure with Mitt Romney's explanations so far in defense of his record at Bain Capital, which has c...

Private Equity Insider's Tip For Romney

Jon Ward | Posted 05.24.2012 | Politics

One private equity industry insider Thursday expressed displeasure with Mitt Romney's explanations so far in defense of his record at Bain Capital, wh...

Deflation Isn't the Enemy

Michael Pento | Posted 07.24.2012 | Business
Michael Pento

We now have entire nations which have become insolvent. It would be very difficult to argue that having a banking crisis is better than enduring a sovereign debt crisis, especially since much of the assets banks hold is sovereign debt.

Why Bloomberg's Free Market Talk Rings False

Larry Hirsch | Posted 07.02.2012 | New York
Larry Hirsch

Whether it is for reporting, procurement, accounting, equal rights or many other purposes, part of the contract any business makes with the government is to abide by the rules.

Uncovering America's Generous Side

Ben Cohen | Posted 06.26.2012 | Politics
Ben Cohen

There are certain aspects of America that I find enormously attractive -- the openness and friendliness of the people, their generosity and the lack of a stifling European-style class system. However, there is a side to America that I find extremely unsettling -- the relentless fixation on money.

Does the Invisible Hand Really Know Best?

Jeffrey Abelson | Posted 06.24.2012 | Books
Jeffrey Abelson

Is the free market really free? Or does it come at the expense of civic values we neglect at our peril? That's one of many questions I found myself pondering after reading What Money Can't Buy by Michael J. Sandel.

The End of Capitalism -- So What's Next?

Prof. Klaus Schwab | Posted 06.13.2012 | Business
Prof. Klaus Schwab

Even though capitalism has not been laid to rest, it is fair to say that capital is losing its status as the most important factor of production in our economic system. Capital is being superseded by the ability to innovate -- and therefore by human talents.

Five Reasons Free Markets Don't Work in Health Care

Abdulrahman El-Sayed | Posted 06.05.2012 | Politics
Abdulrahman El-Sayed

Although an issue like health care certainly reflects many of the broader ideological schisms in our political debate, amiss in ideological debates like these is the technical reality of the unique challenge posed by health care.

Making Student Loans Dischargeable in Bankruptcy Could Be a Free-Market Idea

Fred Bauer | Posted 06.05.2012 | Money
Fred Bauer

Student loans, unlike almost every other kind of loan available, cannot be escaped through bankruptcy. It wasn't always this way.

Buddhist Economic Wisdom For Falling Back In Love With Mother Earth

John Stanley | Posted 05.30.2012 | Religion
John Stanley

Zen master Thich Nhat Hanh believes that putting an economic value on nature is not enough. Fundamental change can happen only if we fall back in love with our planet.

Blowback, TINA-Style

John Feffer | Posted 05.06.2012 | World
John Feffer

The very ideology that the United States assumed would defeat all comers has in fact been turned against the United States. Liberal democracy contains within it the very seeds of the American empire's destruction. Call it blowback, TINA-style.

What If Football 'Competed' Like Healthcare?

Deane Waldman | Posted 05.06.2012 | Business
Deane Waldman

In health care, there is no agreement upon goals and therefore, you don't know where the goalposts are that you must defend.

There's Hope for Republicans

Robert Scheer | Posted 03.13.2012 | Politics
Robert Scheer

As the presidential election is now shaping up, voters will not be given a choice to rebuke Wall Street by either major party. Expect razor-thin differences between Romney and Obama on the key issues at the heart of our economic crisis.