Tibor Machan
Business & Economics
One big lie says the U.S. is riding a reckless wave of capitalism
Don’t tell The Times, but America has long had a mixed economy with substantial regulations The theory of the big (but good) lie goes back to a certain reading of Plato’s most famous dialogue, the Republic. There are more or less crude versions of it, but the gist of the ...
Business & Economics
Why can’t I redistribute my own wealth?
So Barack Obama got elected president of the United States, allegedly the freest country in the world and in human history, partly on the promise that he will redistribute a goodly portion of our wealth, yours and mine and everyone else’s. But why on earth does that make him a ...
Business & Economics
Untruths against free enterprise told with impunity
When I became seriously interested in the free market I began, also, to encounter a good deal of criticism of that system, mainly because the critics mindlessly blamed the Great Depression on it. But looking at it more carefully I learned that by the time of the Great Depression there ...
Business & Economics
America’s special principles spread around world now
America began as a country founded on special, radical principles. More importantly, these principles are true – they aren’t merely myths or superstitions men and women held for a period of time. That we all have basic rights to our lives, liberty, etc., is true and not just some fiction. ...
Business & Economics
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
Business & Economics
Government lacks magic bullet to kill recessions
Those who study a country’s economic conditions, mostly macro-economists, track general trends – inflation, unemployment, productivity, comparative strength of the currency, et cetera. But the basics of all these are mostly local matters, all about what happens to you, me, our neighbors, all about what we decide to do with ...
Business & Economics
Private efforts result in better problem solving
Often when some unexpected challenge faces a person, someone asks, “What are you going to do about this?” The answer, frequently delivered with casual confidence, tends to be: “I’ll think of something.” No answer and attitude better characterizes how to think about problem solving in a free society. Unlike the ...
One big lie says the U.S. is riding a reckless wave of capitalism
Don’t tell The Times, but America has long had a mixed economy with substantial regulations The theory of the big (but good) lie goes back to a certain reading of Plato’s most famous dialogue, the Republic. There are more or less crude versions of it, but the gist of the ...
Why can’t I redistribute my own wealth?
So Barack Obama got elected president of the United States, allegedly the freest country in the world and in human history, partly on the promise that he will redistribute a goodly portion of our wealth, yours and mine and everyone else’s. But why on earth does that make him a ...
Untruths against free enterprise told with impunity
When I became seriously interested in the free market I began, also, to encounter a good deal of criticism of that system, mainly because the critics mindlessly blamed the Great Depression on it. But looking at it more carefully I learned that by the time of the Great Depression there ...
America’s special principles spread around world now
America began as a country founded on special, radical principles. More importantly, these principles are true – they aren’t merely myths or superstitions men and women held for a period of time. That we all have basic rights to our lives, liberty, etc., is true and not just some fiction. ...
Issue of taxation worthwhile topic for the candidates
Instead of all the mudslinging between Senators Hillary Clinton and Barack Obama, wouldn’t it be refreshing to have them engage in some serious political discussion? Many American citizens might appreciate some in-depth exploration of the nature of taxation. The federal income tax, in particular, would deserve thoughtful examination. Senator John ...
Government lacks magic bullet to kill recessions
Those who study a country’s economic conditions, mostly macro-economists, track general trends – inflation, unemployment, productivity, comparative strength of the currency, et cetera. But the basics of all these are mostly local matters, all about what happens to you, me, our neighbors, all about what we decide to do with ...
Private efforts result in better problem solving
Often when some unexpected challenge faces a person, someone asks, “What are you going to do about this?” The answer, frequently delivered with casual confidence, tends to be: “I’ll think of something.” No answer and attitude better characterizes how to think about problem solving in a free society. Unlike the ...
