Capitalism

From the New Symposium Society: Capitalism and Socialism

From the New Symposium Society: Capitalism and Socialism

The New Symposium Society held a public forum on the topic “Capitalism and Socialism” on the campus of Friends University on August 20, 2019. Audio from the event is below. One participant remarked that the forum provided a format that led to a “remarkable exercise in polite public discussion that is unusual in these hyper-politically charged times.” Another participant commented, “I thoroughly enjoyed the conversation with truly diversified, intelligent, polite participants.” A special thank you is in order to New Symposium trustee Bob Love for his masterful job of acting as the informal “catalyst” in facilitating the meeting discussion. He…
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From Pachyderm: Robert L. Bradley, Jr.

From Pachyderm: Robert L. Bradley, Jr.

From the Wichita Pachyderm Club: Robert L. Bradley, Jr. He is CEO and Founder of Institute for Energy Research, visiting fellow at the Institute of Economic Affairs in London, and an adjunct scholar at both the Cato Institute and the Competitive Enterprise Institute. His topic at the Pachyderm Club was "The Contra-Capitalist Corporation (In Search of Heroic Capitalism)." This audio recording was made on November 2, 2018. The accompanying visual presentation may be viewed here. Shownotes Institute for Energy Research and on Facebook Books by Robert Bradley: Enron Ascending: The Forgotten Years, 1984-1996, Capitalism at Work, Edison to Enron: Energy…
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Historic preservation tax credits, or developer welfare?

Historic preservation tax credits, or developer welfare?

A Wichita developer seeks to have taxpayers fund a large portion of his development costs, using a wasteful government program of dubious value. When you hear of a program titled "historic preservation tax credits" you might find yourself in agreement. Preserving history: Who can be against that? And tax credits: Aren't those just technical adjustments on someone's tax form? If you look closely, however, you'll find that the historic preservation tax credits program can include buildings with only the slightest historic significance, and has great cost to taxpayers. The Colorado-Derby Building at 201 N Water Street in Wichita has been…
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Myth: Markets promote greed and selfishness

When thinking about the difference between government action and action taken by free people trading freely in markets, many myths abound. Tom G. Palmer has written an important paper that confronts these myths about markets. The second myth -- Markets Promote Greed and Selfishness -- and Palmer's refutation is below. The complete series of myths and responses is at Twenty Myths about Markets. Palmer is editor of the recent books for Students for Liberty: The Morality of Capitalism, After the Welfare State, Why Liberty, and Peace, Love & Liberty. Myth: Markets promote greed and selfishness Myth: People in markets are…
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Corporate cronyism harms America

As the Wichita Business Journal features an interview with Charles Koch today, here's a repeat of his article from September 2012 in which he address many of the same topics as covered in the WBJ interview. "The effects on government are equally distorting -- and corrupting. Instead of protecting our liberty and property, government officials are determining where to send resources based on the political influence of their cronies. In the process, government gains even more power and the ranks of bureaucrats continue to swell." The editorial in today's Wall Street Journal by Charles G. Koch, chairman of the board…
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