Foundation #3: Why Capitalism Better?

Why is Capitalism Better? Why is free-market capitalism superior to Big Government? It boils down to two big words: dignity and prosperity. Free-market capitalism provides the average person with greater dignity and prosperity. There are many reasons why this is so, but the one overarching reason relates to freedom. Free-market capitalism allows individuals to keep …

Foundation #2: Definitions

This post defines a couple of terms used quite a bit on this website. What is Free-Market Capitalism? Capitalism is an economic system in which private individuals own all or most of the property and businesses. It is sometimes referred to as the 'free enterprise' system. The heart of free-market capitalism is economic freedom, which …

Foundation #1: The Liberty Spectrum

A Spectrum of Government Some people seem to think we need zero government. Others seem to think we always need bigger government, no matter how big it is already. Neither extreme is desirable. To help frame the issue of which economic system is best, it makes sense to think of economic systems as falling along …