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How Industry Makes our Environment Safe from Natural Disasters

Especially when many are now calling for restrictions on the industrial development that they think is responsible for “climate change” and more dangerous hurricanes, it is crucial to recognize the life-saving value of industry.

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John Allison’s Unconventional Wisdom about the Financial Crisis

So much for the assertion that the financial crisis was caused by the lack of regulations and government oversight. The free market isn’t to blame, since there is no free market to blame. The “fingerprints” of the real culprit—the government—are all over the place.

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Free Minds and Free Markets: An Interview with Don Watkins

WATKINS: The basic difference between our book and most political books is that ours is philosophic. We try to get underneath today’s superficial debates, and tackle the important issues that will determine the direction of this country.

Christmas as Capitalism: Celebrate Trade

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Christmas as Capitalism: Celebrate Trade

Christmas has become a holiday known for its commercialism—and many recoil at this, claiming that commercialism is antithetical to the spirit of the holiday. From one side of our culture, advocates of religion tell us that holiday materialism distracts us from the true “reason for the season.” From the other side, Occupy Wall Street protesters [...]

Why Protest Inequality?: Unmasking the Deeper Motivation of the Occupy Movement

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Why Protest Inequality?: Unmasking the Deeper Motivation of the Occupy Movement

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?

Progress is Optional

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Progress is Optional

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 the video said “no.” How much would they [...]

Campus Media Response: In Celebration of Inequality

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Campus Media Response: In Celebration of Inequality

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 1967. Bill Gates may have a million times the [...]

Campus Media Response: Capitalism: The Best Foreign Aid There Is

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Campus Media Response: Capitalism: The Best Foreign Aid There Is

“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, particularly because it helps brutal regimes to stay in power: [...]

Has the Free Market Failed?

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Has the Free Market Failed?

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 at night wondering whether they will find work after graduation. [...]

Campus Media Response: Who Broke American Healthcare?

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Campus Media Response: Who Broke American Healthcare?

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 the first place. After all, it [...]

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