In Defense of Freedom
Capitalism isn’t perfect—but it’s better than the alternatives. Critics blame the free market for today’s problems, yet most issues stem from overregulation, not capitalism. Freedom works, even if it’s messy. As Churchill said of democracy, capitalism is the worst system—except for all the others.
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Government Shutdown: What Do We Miss?
What is the unemployment rate? We don’t know. How many filed for unemployment last week? No clue. Data, data, data…how are we to make bricks without clay? I will freely admit that my name is Chuck and I am an economic-data-aholic. It has been 20 days since my last economic data update.
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Second Quarter 2025
Freedom is under fire—from both sides of the aisle. Critics say the free market isn’t working, yet their examples—housing, healthcare, education—are all heavily regulated. The problem isn’t the market; it’s the lack of one. As Friedman warned, skepticism of markets often masks a deeper discomfort with freedom itself.
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