Summary This year marks the 150th anniversary of what in economics is called the “marginalist” revolution in economic theory and …
Socialism-in-Practice Was a Nightmare, Not Utopia
Summary The more things change the more they stay the same, especially in terms of the return of wrong-headed and …
Government Regulation Does Not Make Us Safe. Capitalism Does
by Jaana Woiceshyn Would you trust government more than business to keep you safe? Amazingly, most people say yes almost …
Welcome to Word Tyranny and Cultural Balkanization
Summary We are in the midst of an ideological war over the language we use and the associative interactions we …
“Shareholder capitalism” and “inclusive capitalism” versus capitalism
by Jaana Woiceshyn In my previous post, I discussed some corporate leaders’ claims that capitalism is dead and their embrace …
Lin Yutang, a Classical Liberal Voice for a Free China
Summary China’s star seems to be rising on the global stage with the claim of strong economic growth, extending its …
The false ideal of equity and its bad consequences
by Jaana Woiceshyn The recent abrupt resignation of the CEO of Canada Pension Plan Investment Board (CPPIB), Mark Machin, came …
The Case for Freedom in Ludwig von Mises, F.A. Hayek, and Ayn Rand
Summary Three of the leading voices for liberty and the free society in the 20th century were F. A. Hayek, …
Why is capitalism a dirty word among business students?
by Jaana Woiceshyn I just finished teaching another business ethics course. As often in my many years of teaching, students …