Inequality: Capitalism’s Biggest Challenge

This piece first appeared on the Independent Institute blog. One of the most frequent shortcomings of capitalism cited by capitalism’s critics is inequality. People at the top of the economic ladder have so much more than those at the bottom. Inequality is capitalism’s biggest challenge because there is so much popular support for public policies…

The Pro-Capitalist Message Of The Classic Movie “It’s A Wonderful Life”

Free-market advocates would do well to revisit Frank Capra’s classic movie through a new lens that focuses on its underlying free market message. While the pro-capitalist theme may not have been intended by Capra, or the screenwriters, the message is clear in the design of the plot, the development of the characters, and the economic setting of the screenplay. The fact it continues to rank high on audience and critics’ list of favorites bodes well for using popular media to trigger important discussions about the value of free competition, sound ethics, and the potential dangers of regulation to reduce industry competitiveness through the influence of well-connected private interests.