Celebrate Capital on Labor Day – Reed’s Feed

For the first time since passage of the federal Taft-Hartley Act in 1947, a majority of the 50 states are governed by “Right-to-Work” (RTW) laws.

- August 23, 2016

Before Celebrating Gawker’s Demise, Consider This

It appears that once a journalist crosses the Rubicon from “newsworthy” into “sensationalism,” the First Amendment vanishes.      

 

- August 23, 2016

Uber and Lyft Slapped with Taxi Tax in Massachusetts

The taxi industry has failed to evolve and innovate over the years, which has allowed ridesharing services to fill a void in the market. Instead of being praised for their success, ridesharing services are being punished while taxi industries are being rewarded for failing to innovate.

- August 23, 2016

Let Airbnb Providers Discriminate as They Please

Would you like stay in a person’s home who didn’t like you on the grounds of your race, sex, religion, or language? 

- August 23, 2016

If Markets Fail, Governments Fail Harder

We have to choose between the messy real-world outcomes of unregulated markets and the messy real-world outcomes of regulated markets. But market solutions have a natural tendency to self-correct, which governments lack.

- August 23, 2016

Millennials Are the Most Capitalist Generation; They Just Don’t Know It

If Millennials truly want to dedicate themselves to the ideals of socialism, they will have to surrender their iPhones, their Amazon accounts, their Uber accounts, their craft beer, the hipster beard accessories, and pretty much every other aspect of their daily lives.

- August 23, 2016

The World According to Peter Thiel

The future does not just happen; rather, it must be made, and starting a business is the most effective way to accomplish that.

- August 23, 2016

What Your HR Department Could Learn from Hayek

The void between HR departments, whose foremost objective is compliance with government regulations and whose structure reflects the bureaucracy that they enshrine, and companies’ other lean, innovative departments could not be more stark.

- August 22, 2016

How the Housing Market Works

Building new housing, even units that many could not conceivably afford to pay, takes pressure off the demand and keeps prices lower for all.

- August 22, 2016

Quit Snarking at Unpaid Internships

I wouldn’t be where I am today if it were not for my unpaid internships — I got a lot more value from the work experience, the connections, the social capital, and the skills picked up than I got from the fancy research fellowship I had in college one summer or the paid internship I had after graduating from high school.

- August 22, 2016

In Louisiana, Private Disaster Relief Outperforms the Government

One of the greatest stories of the Louisiana flooding is how the people and free markets are playing a better role in the recovery than the government.

- August 22, 2016

Progress Does Not Depend on Geniuses

Larger populations create progress not because they have more Einsteins and Fords, but because they have more John Smiths and Jane Does of every race or nationality or skill level or set of experiences imaginable.

- August 22, 2016

Work Is the Antidote to Privilege

Jobs are the way in which we stretch ourselves morally beyond our in-groups and see, touch, and listen to other people as human beings for the first time.

- August 22, 2016

Markets Transcend the Archaic Hatreds Sustained by the State

Whereas markets bring us ever closer together and incentivize us to treat all people with a basic level of respect and decency, states do the exact opposite

- August 22, 2016

Save the Rhino by Privatizing It

In a free market, the demand for a rhino’s horns would be the greatest insurance of the animal’s survival.

- August 22, 2016

Harmony Reigns at Costco

With the right perspective, a shopping trip can be a spiritual experience.

- August 22, 2016

Do Hard Work and Ambition Count for Nothing?

Sure, there is something called privilege but it doesn't explain everything. 

- August 22, 2016

Take Heart, Liberty Will Prevail

Every other "ism" has been tried and failed. Freedom is the only way forward.

- August 22, 2016

Give Walmart the Nobel Peace Prize!

Walmart is truly great for low-income Americans, and has single-handedly done more to lift more low-income people out of poverty than any charitable organization or government agency in the world.

- August 21, 2016

The Drug War's Arms Race: From Opium Dens to Flakka Freakout in 100 Years

You might think that the advent of a drug that turns a nice college kid into a face-eating double murderer would cause a serious rethinking. How much better if this kid had an opium den to inhabit when he felt stressed?

- August 21, 2016

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