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Exploring the variables that matter most. Exploding the conventional wisdoms that rule us.
Tag: free market
How’d the West defeat Communism? De facto socialism. B/w 1947-1991, government comprised 40%-60% of “Capitalist” UK, US, France, Italy, West Germany…
Capitalism defeated Communism? More like de facto socialism defeated Russian imperialism. Here’s why.
Why taxing Billionaires is not a violation of a free market but rather a correction of a failing one
Billionaires aren’t winners of an actual free market. Their companies (eg Microsoft, Amazon, Facebook, Berkshire Hathaway, et al) are price-setting, not price-taking, monopolies, monopsonies and oligopolies. Investors don’t want to invest in companies with competition. […]
What free market? For the last half century, government has been a third, or more, of the US economy
What free market? As the US debates “socialism” and “capitalism”, it’s important to remember that government has been a large part of the American economy for generations. Consider data from the last 70 years […]
Greatest Common Factors 
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