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Free Market

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 Capital is being superseded by the ability to innovate -- and therefore by human talents.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.

Free Market Economies May Encourage Obesity

The Huffington Post | Joe Satran | Posted 12.22.2011 | Home

Many people feel a little pudgy around the holidays. "Thanks a lot, peanut butter brownies and short-rib pierogis," you may be thinking, as you feel y...

What the Tea Party and Occupy Wall Street Really Have In Common

Dennis Jett | Posted 01.14.2012 | Politics
Dennis Jett

In the not-so-long-run, neither of them is going to amount to anything.

Is There a Big Idea in Occupy Movements?

Vaios Papanagnou | Posted 01.08.2012 | Politics
Vaios Papanagnou

The epoch that started in 2008 is defined by a single worry. Equally defining is the visible form that this angst takes. Millions of people in the Wes...

Consuming To Create Jobs: A Moral Dilemma For People Of Faith

Frank G. Kirkpatrick | Posted 12.13.2011 | Religion
Frank G. Kirkpatrick

Many economists are urging Americans to go into the market and buy more things for the sake of jobs. But for people of faith, this imperative to buy creates a difficult moral dilemma.

But 'Till You Feed Us, Right And Wrong Can't Wait

Alexander Goerlach | Posted 11.06.2011 | Politics
Alexander Goerlach

The free market has been poisoned; our communities have been corrupted. We have gambled for social cohesion and have lost.

Industrial Policy Reconsidered

Marc Fasteau | Posted 10.21.2011 | Business
Marc Fasteau

The world's manufacturing superpowers -- Germany, Japan and China -- as well as every other advanced country except the U.K. have carefully thought out industrial policies. Why don't we?

America's Not Faring Well on Welfare

Robin Koerner | Posted 09.30.2011 | Politics
Robin Koerner

Over the last two generations, most of the improvements in the material standard of living of America's poor have proceeded not from the welfare syste...

There Is No Free Market

Robbie Gennet | Posted 09.05.2011 | Politics
Robbie Gennet

In order for a market to truly be "free," it can't be manipulated or augmented via subsidies and tax breaks. The term "free" means "not physically res...

State Based Health Exchanges Are Important

Tommy G. Thompson | Posted 08.27.2011 | Business
Tommy G. Thompson

States must preserve their rights to operate the health insurance exchange: If states do not build an exchange, the Affordable Care Act requires that the federal government step in and run the exchange.

Conversation With Jeff Madrick, Author of Age of Greed (Part One)

Lynn Parramore | Posted 07.31.2011 | Business
Lynn Parramore

"Greed always exists. It rises and falls with the times. But when it's unchecked by government, self-interest rises to a level of greed that overwhelms the economic invisible hand."

Mozambique Looks To Hybrid Seeds To Help Food Crisis

AP | By DONNA BRYSON | Posted 07.23.2011 | Home

CATANDICA, Mozambique -- Peter Waziweyi is bouncing around the lush countryside of Mozambique in his 30-year-old truck, visiting his customers' maize ...

Challenge for Global Cooperation

Prof. Klaus Schwab | Posted 07.20.2011 | Business
Prof. Klaus Schwab

The state of the world is fraught with unprecendented imbalances and tremendous risks, and institutions are struggling to keep up with the changing times. Our only way out will be to make decisions that consider all stakeholders.

Good Idea: Reward Losers That Produce Winners, Like in College Sports

Erich Origen | Posted 07.14.2011 | Sports
Erich Origen

When any college team wins the national championship, a large portion of the winnings are distributed among all league members. Imagine applying these principles to our larger economy.

World on the Edge

Craig K. Comstock | Posted 05.25.2011 | Books
Craig K. Comstock

One of the attractive habits in American civilization is to ask: well, what's your plan? In his recent book World on the Edge, Lester Brown offers one.