[VIDEO] Is America an Imperialist, White-Supremacist, Capitalist Patriarchy? 

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Gender scholars like bell hooks argue that American is an imperialist, white-supremacist, capitalist patriarchy. Is she right? The Factual Feminist responds.  Read the rest of this entry »


[VIDEO] REWIND: Milton Friedman on the Immorality of Socialism

Milton Friedman is no fan of socialism. And he walks us through his reasoning. Socialism is force he says. Lenin, Stalin, Mao, and Hitler he reminds us only instituted socialism with the oppression and force agains many people who were disadvantaged. Milton Friedman was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences.

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Jeffrey Tucker: Blessed Fish! How the Market Brought It to Your Table

Here’s to fish, and here’s to the technology that has made it possible to enjoy, cheaply and easily, in every household.

Jeffrey Tucker writes: In the Renaissance, painters often featured fishmongers selling fish from tables right there for anyone to buy. Why? For the first time in history, people had money to buy things, from actual merchants. Fish for sale to anyone and everyone was a lovely sign of wealth, an indicator of progress.

Fish preparation now takes less time than it took the burger place yesterday to make me lunch.Still, you could only get it if you lived near the sea. Fast forwarding a few centuries, when I was a kid in West Texas, eating fish at home was unthinkable. Fish
sticks, maybe. Otherwise fish at home didn’t exist. By culture, tradition, and by sheer availability, we ate beef.

“Dramatic things have happened to the market for fish over the past 10 years. It is wholly changed. Now you can get incredibly great fish at nearly every supermarket”

Even today, many people are reluctant to prepare fish at home. This is my strong impression from talking to friends and colleagues.

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This usually traces back to one bad experience. Maybe it came from childhood. The fish was fishy, boney, and just generally dreadful. That one experience can color a lifetime of food choices.

“Hardly any time passes between swimming around and landing in a separately sealed individual packet, ready for eating. Massive improvements in technology (thank you, capitalism) have improved the way fish is caught and brought to market. Now it is caught, cleaned, deboned, and flash frozen right on the boat.”

In my own case, I thought for years I would only eat fish at a restaurant. Only they know how to do it right, I thought. Surely I could never replicate that process at home. At most, I could make those awful breaded fish sticks Mom would drag out on dreaded occasions.

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The Glorious Fishy World

Well, dramatic things have happened to the market for fish over the past 10 years. It is wholly changed. Now you can get incredibly great fish at nearly every supermarket. At Wal-Mart, I recently found a vast selection — tilapia, flounder, swordfish, salmon, whiting, halibut, lobster, and so much more. The prices were ridiculously low. I’ve been sampling them all for months.

[Read the full story here, at Foundation for Economic Education]

What’s the secret? Head to the freezer section. I know it sounds inferior. Wouldn’t you rather have fresh? Not any more.

Hardly any time passes between swimming around and landing in a separately sealed individual packet, ready for eating. Massive improvements in technology (thank you, capitalism) have improved the way fish is caught and brought to market. Now it is 41eQn3GP4ZL._SL250_caught, cleaned, deboned, and flash frozen right on the boat. Hardly any time passes between swimming around and landing in a separately sealed individual packet, right there ready for the eating.

[Order Jeffrey Tucker ‘s bookBit by Bit: How P2P Is Freeing the World” from Amazon.com]

And you don’t have to worry about timing. In the old days, when you bought fish, you had to eat it that night or risk having it become slimy and gross. Now it can stay in your freezer and be ready for you when you want it.

For the first time, the equivalent of fresh fish, stunningly yummy, is available to nearly everyone at low prices, ready for preparation right in your own kitchen. And despite the reputation that fish once had of being difficult to prepare, now it is easier than pork or beef, and even faster.

In other words, cut open the bag, and it is ready to go.

I find this just amazing. That’s a shorter period than it took the burger place yesterday to make me lunch.

And it is a fraction of the price. Read the rest of this entry »


[VIDEO] Freedom in the 50 States 2015-2016 

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How free is your state? Find out! The Freedom in the 50 States 2015-2016 index from the Cato Institute measures freedom across a range of over 200 policies and across personal, regulatory and fiscal dimensions.

Source: Cato Institute


Mission Accomplished: U.S. Drops to 16th on ‘Economic Freedom’ List, Behind Canada, Chile

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The top 10: Hong Kong, Singapore, New Zealand, Switzerland, United Arab Emirates, Mauritius, Jordan, Ireland, Canada, with the United Kingdom and Chile tied at 10.

“The United States, once considered a bastion of economic freedom, now ranks 16th in the world after being as high as second in 2000.”

Paul Bedard reports: The United States, ranked second in worldwide economic freedom as recently as 2000, has plummeted to 16th, according to a new report of world economies.

“A weakened rule of law, the so-called wars on terrorism and drugs, and a confused regulatory environment have helped erode economic freedom in the United States, which remains behind Canada and other more economically free countries such as Qatar, Jordan and the U.A.E.”

— Fred McMahon, Fraser Institute

The Fraser Institute’s annual report, Economic Freedom of the World, showed that the country’s drop started in 2010, the second year of the Obama administration.

“Economic freedom breeds prosperity and economically free countries like Canada offer the highest quality of life while the lowest-ranked countries are usually burdened by oppressive regimes that limit the freedom and opportunity of their citizens.”

— Fred McMahon, Fraser Institute

The world-recognized report showed that the U.S. fell in several areas, including legal and property rights and regulation.

“The United States, once considered a bastion of economic freedom, now ranks 16th in the world after being as high as second in 2000,” said the report issued Monday morning. Read the rest of this entry »


Ed Feulner: Why Hong Kong Might Lose Its No. 1 Spot on the Index of Economic Freedom

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Hong Kong in many ways continues to act as a fine example for other countries who aspire to be economically free, its foothold on the No. 1 spot is slipping…

Ed Feulner writes: It’s good to be No. 1. But as any former champ will tell you, you have to avoid becoming complacent if you want to stay ahead of the pack. First-place finishes aren’t guaranteed, just ask Hong Kong.

Every year since 1995, the Heritage Foundation and The Wall Street Journal have measured the state of economic freedom in the world. We go country by country, poring over the details of who’s up, who’s down, and who’s treading water. Through all the changes we’ve charted, one thing hasn’t changed: Hong Kong takes the top slot.

“To see what Hong Kong does right, consider business licenses. Obtaining one there requires filling out a single form, and the process can be completed in a few hours. In many other countries, it’s more complicated and can take much longer. Bureaucracy, inefficiency and even corruption abound.”

“As the economic and financial gateway to China, and with an efficient regulatory framework, low and simple taxation, and sophisticated capital markets, the territory continues to offer the most convenient platform for international companies doing business on the mainland,” write the editors of the 2015 Index of Economic Freedom.

To see what Hong Kong does right, consider business licenses. Obtaining one there requires filling out a single form, and the process can be completed in a few hours. In many other countries, it’s more complicated and can take much longer. Bureaucracy, inefficiency and even corruption abound.

“As the economic and financial gateway to China, and with an efficient regulatory framework, low and simple taxation, and sophisticated capital markets, the territory continues to offer the most convenient platform for international companies doing business on the mainland.”

But while Hong Kong in many ways continues to act as a fine example for other countries who aspire to be economically free, its foothold on the No. 1 spot is slipping. Singapore, the perennial No. 2 finisher, has seen the gap between it and Hong Kong steadily narrow in recent years. Only two-tenths of a point (on a scale of 1-100) separate its Index score from Hong Kong’s.

In short, they’re virtually tied. And it’s worth noting that Singapore’s Index score is unchanged this year, which means Hong Kong has only itself to blame for coming within a hair’s breadth of losing the top slot. The question is, why? Read the rest of this entry »


Dwindling Economic Freedom in the U.S.A.

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Regulation, taxes and debt knock the U.S. out of the world’s top 10

Terry Miller writes: World economic freedom has reached record levels, according to the 2014 Index of Economic Freedom, released Tuesday by the Heritage Foundation and The Wall Street Journal. But after seven straight years of decline, the U.S. has dropped out of the top 10 most economically free countries.

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For 20 years, the index has measured a nation’s commitment to free enterprise on a scale of 0 to 100 by evaluating 10 categories, including fiscal soundness, government size and property rights. These commitments have powerful effects: Countries achieving higher levels of economic freedom consistently and measurably outperform others in economic growth, long-term prosperity and social progress. Botswana, for example, has made gains through low tax rates and political stability.

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Those losing freedom, on the other hand, risk economic stagnation, high unemployment and deteriorating social conditions. For instance, heavy-handed government intervention in Brazil’s economy continues to limit mobility and fuel a sense of injustice.

Read the rest of this entry »