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Laissez Faire

China, the Stock Market Crash, Scott Walker, and the Wonders of Economic Freedom (A Satire)

Tim Koechlin | Posted 08.28.2016 | Politics
Tim Koechlin

Chinese-style "manipulation" is clearly a disaster. While it has generated 35 years of stunning economic growth, it has also forced rich people around the world to endure a week-long, anxiety-provoking drop in stock prices!

Libertarianism vs. Liberty

Peter Schwartz | Posted 06.27.2015 | Politics
Peter Schwartz

A recent op-ed in the New York Times chastises Rand Paul for being insufficiently libertarian. His critics are particularly upset over his "hawkish" foreign policy, accusing him of abandoning the ideal of individual liberty. The reverse, however, is true

Nobody Really Believes in Free Markets

Keith M. Parsons | Posted 01.24.2015 | Politics
Keith M. Parsons

Greater goods therefore sometimes trump property rights. Everyone knows this. Nobody really believes in free markets. Why, then, can be wrong with regulating the means that may be used to maximize profit?

What The Left Can Learn From Alexander Hamilton

Jacobin | Christian Parenti | Posted 08.28.2014 | Politics

This story was originally posted at Jacobin magazine. Two hundred years ago, Alexander Hamilton was mortally wounded by then Vice President Aaron B...

Pope Francis, Liberal Populist

Brent Budowsky | Posted 01.28.2014 | Politics
Brent Budowsky

Politically the moral leadership of the pope is bad news for those Republicans, conservatives, Tea Party advocates and libertarians who politically worship at the altar of the unbridled and unregulated excesses of capitalism that Francis deplores.

Why Confucius Rejected 'Laissez-faire'

Jung-kyu Kim | Posted 01.23.2014 | Religion
Jung-kyu Kim

Why did Lao Tzu prefer laissez-faire to paternalism? For much the same reason that neoclassical economists advocate free-market capitalism: good intention distorts.

John XXIII: A Saint for Social Justice

Charles J. Reid, Jr. | Posted 09.07.2013 | Religion
Charles J. Reid, Jr.

John's commitment to social justice might become a main interpretive key for understanding Pope Francis' pontificate. With the selection of Francis as his papal name, this Pope has dedicated himself in a special way to the cause of social justice.

Islamophobia: Fear in Perspective

Walker Bragman | Posted 06.29.2013 | Politics
Walker Bragman

We've heard it everywhere, on every station, every major news outlet, and every talk radio show: Islamophobia is alive and well in the United States.

Fact Checking the Economic Debate

Walker Bragman | Posted 03.30.2013 | Politics
Walker Bragman

In spite of overwhelming evidence, there is still an echo chamber on the right parroting failed policies. But why have these ideas spread?

Laissez-Faire Is Whack

Hugh A. Wilson | Posted 12.02.2012 | Politics
Hugh A. Wilson

Disturbing to many of us in the academic world is that the push for laissez-faire "legitimacy" by its ideological advocates runs counter to more than 230 years of historical evidence.

Citizens United Threatens to Invalidate a Century of Socioeconomic Stride and Strife

Stephen Herrington | Posted 08.14.2012 | Politics
Stephen Herrington

Citizens United is as bad for libertarian causes as it is for social democracy causes. Neither can work in a political system where government is sold to the highest bidder and the bids have become so extremely high.

Fewer Swords, Smaller Shields: Defining a New National Security Ethos

William Astore | Posted 07.09.2012 | Politics
William Astore

Given all these swords and all these shields (and all of our frustrating wars and all of the lives spent), the key question of the 2012 presidential election should be: Are we truly more secure now than we were twelve years ago?

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.

Policy and Markets: How, Not If

Bruce W. Jentleson | Posted 02.14.2012 | Politics
Bruce W. Jentleson

The nature of 21st century international economic competition writ large is not about who can become the most laissez faire capitalist but who can forge optimal bi-sectoralist policy-market synergies.

Perfect, Mr. President: Not Just the Speech, But the Timing and Strategy.

Paul Abrams | Posted 06.14.2011 | Politics
Paul Abrams

President Obama's speech hit all the right notes. He provided a background and context for the debt challenge. And he laid the blame for this challenge squarely where it belongs.

We Can't Just Compensate Free Trade's Losers

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

It is sometimes argued that although free trade has some victims, its benefits exceed its costs, so it is possible for its winners to compensate its l...

Who Will Fix Food? Obama? Walmart? You?

Leslie Hatfield | Posted 05.25.2011 | Home
Leslie Hatfield

Those of us who still have jobs pay taxes, so we should care about how our tax dollars influence our food systems. Because the State of the Food Union is not strong. But it could be.

Congress Circa 112

James Campion | Posted 05.25.2011 | Politics
James Campion

"The business of America is business." -- Calvin Coolidge The 30th president of the United States was ...

On Laissez-Faire Government, the Oil Spill, and Conservative Hypocrisy

Elizabeth Bisbee Silber | Posted 05.25.2011 | Politics
Elizabeth Bisbee Silber

For the better part of the last decade, environmental concerns were downplayed and ignored because the Bush Administration didn't want to hinder the operations of the energy industry.

How Free-Marketers Came to Rule

Roya Wolverson | Posted 05.25.2011 | Business
Roya Wolverson

In the United States, where bankers continue to rule the Obama administration's economic team, the idea of government teaming up with business to drive long-term innovation and growth is still struggling to gain attention.

In the Century of "Black Swans", Modern Economics Deserves "Creative Destruction"

Dr. Vladimir A. Masch | Posted 05.25.2011 | Business
Dr. Vladimir A. Masch

Neoclassical economics must be replaced. Nobody can predict now the full scale of its radical replacement, and how beneficial would that replacement become, but its absence will surely be a tragedy.

Wanted: Free-Market Mouthpieces

Rob Warmowski | Posted 05.25.2011 | Politics
Rob Warmowski

For my entire adult life, I have watched free-market fundamentalists do their thing. They demonize government, run for government, capture government, then dismantle and privatize government.

One Year Later: The Lessons of a Failed Economic Philosophy

Alexi Giannoulias | Posted 05.25.2011 | Chicago
Alexi Giannoulias

We are no more insulated from a financial crisis today than we were one year ago. Congress has not changed a single rule, habit or practice to stop this economic calamity from happening again.

Thanks Glenn Beck -- This 'Socialism' Sounds Great!

Paul Brandeis Raushenbush | Posted 05.25.2011 | Politics
Paul Brandeis Raushenbush

Capitalism has been given a pass while Americans struggle. When will capitalism be a word as dirty as socialism?

House of Chutzpah, House of Cards, or Back to the Future Again

Jessica Catto | Posted 05.25.2011 | Politics
Jessica Catto

The disgust burbled up at the callousness of Enron; it has been simmering ever since, and with AIG it has boiled over.