Capitalism

Wes Widner on January 21st, 2011

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Wes Widner on January 21st, 2011

The Virtues of Capitalism: A Moral Case for Free Markets was written to combat the popular notion, especially following recent economic events, that capitalism has failed and/or that it is somehow inherently immoral. From the book’s Facebook fan page: Capitalism brings out the best in people. It stabilizes society, fosters creativity, rewards initiative, promotes cooperation, [...]

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Wes Widner on December 10th, 2010

Liberals are fond of using publicly funded roads as an example of why socialism is necessary. Well Bruce Benson gives us a history and economics lesson on why there is no reason to think that the private sector can’t provide a suitable road system.

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Wes Widner on December 1st, 2010

A while ago I Tweeted: Are tax cuts for “millionaires” a good idea? Sure they are. I’ve never gotten a job from someone on welfare. To which a friend of mine responded: Ebenezer Scrooge: Why are these people out here? Wearing rags, eating scraps! Why aren’t they in poorhouses…? Ghost of Christmas Present: Have you [...]

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Wes Widner on October 15th, 2010

From “the sage of Mac-O-Chee“, Donn Piatt: When [civil] war broke upon us the brave men went to the front to fight and the thieves to the rear to plunder. …The war ended and the thieves held Washington. They were contractors, carpetbaggers, railroad plunderers and monopolists of all sorts and they sought to use the government to [...]

Continue reading about Why crony capitalism is not capitalism

There’s really nothing conservative — and certainly nothing evangelical — about a laissez-faire view of a lack of government regulation,” Moore says, “because we, as Christians, believe in sin. I ran across this gem in an article on blackchristiannews.com. This reminds me of the comment Frank Turek made out of frustration in a recent interview: [...]

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Wes Widner on August 18th, 2010

In an interview I recently came across (audio here), the author of “Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem”, Jay Wesley Richards, mentioned a relatively short article titled I, Pencil. After tracking down the 1958 article by Economist Leonard Reed, hosted in full here at the Foundation for Economic Education, I [...]

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Wes Widner on July 19th, 2010

A friend of mine recently commented on Facebook: Capitalism looks at developing countries in the same way that Britian looked at colonized countries. They were places to steal resources from. The bible tells us “not to show favoritism” and to consider the least as equal with the greatest. Here in America we waste so much [...]

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Wes Widner on May 10th, 2010

[HT Wintry Knight] My friend Wintry Knight recently turned me on to an excellent American economist, statistician, and a recipient of the Nobel Memorial Prize in Economics, Milton Friedman. Here is a short clip of Milton answering a rather pointed question regarding our responsibility to the poor wherein Milton explodes the myth that Capitalism and [...]

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Wes Widner on March 17th, 2010

A brother of mine recently wrote the following by way of advocating the position that “all Christians ought to be socialists”: Acts 2:44-45 “All the believers were together and had everything in common. Selling their possessions and goods, they gave to anyone as he had need’ Acts 4;32b, 34-35 “..neither said any of them that ought [...]

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