Freeman

Clichés of Progressivism

#41 – “Rockefeller’s Standard Oil Proved That We Needed Anti-Trust Laws”

JANUARY 23, 2015 by LAWRENCE W. REED

If Standard Oil was any kind of monopoly, it was not a coercive one, because it did not derive its high market share from special government favors.

#40 — “The Rich Are Getting Richer and the Poor Are Getting Poorer”

JANUARY 16, 2015 by MAX BORDERS

Progressives should admit that, though the rich have gotten richer, the poor have gotten richer, too.

#39- "Free Markets Exploit Women"

JANUARY 09, 2015 by ANNE RATHBONE BRADLEY

The freer the market, the more opportunities there are for women (and anyone else, for that matter) to progress up the economic ladder.

#38 - "The Minimum Wage Helps the Poor"

JANUARY 02, 2015 by LAWRENCE W. REED

You can't expect employers to pay workers more than their productivity is worth just because Congress demands it.

#37 – If FDR's New Deal Didn't End the Depression, Then It Was World War II that Did

DECEMBER 26, 2014 by BURTON FOLSOM

Wars aren't cures for depressions. They simply divert manpower and resources away from what consumers want to what government wants to win the conflict.

#36 – "Outsourcing Is Bad for the Economy"

DECEMBER 19, 2014 by TYLER WATTS

Outsourcing boosts productivity and living standards.

#35 – “Government Is an Inflation Fighter”

DECEMBER 12, 2014 by LAWRENCE W. REED

When you change the definition of "inflation," you change the responsibility for it.

#34 – “Government Must Subsidize the Arts”

DECEMBER 05, 2014 by LAWRENCE W. REED

Government funding of the arts carries with it all the downsides of dependence on politics.

#33 – “The Great Depression was a Calamity of Unfettered Capitalism”

NOVEMBER 28, 2014 by LAWRENCE W. REED

After years of cheap money and low interest rates, the Fed set the stage for a correction with a policy of steep increases in interest rates and a deflation of the money supply.

#32 – FDR Was Elected in 1932 on a Progressive Platform to Plan the Economy

NOVEMBER 21, 2014 by LAWRENCE W. REED

Franklin Roosevelt delivered a lot of central planning from Washington but that wasn't what he asked voters to endorse in the 1932 election.

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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