Tag archive

Market Economy

Economics/News/Politics

The Trump Rally: Stocks Fly High As Confidence Surges

The election of President-elect Donald Trump last month has awakened, what some people are calling, the “animal spirits” of capitalism. Anyone with a 401k or money in the stock market could tell you that things are going very well at the moment. The election of President-elect Trump and conservative, pro-market Republican majorities in the House and Senate represents a turning of the page from eight years of growing tax burden, government spending, and red tape. The Trump Rally, as some pundits are calling it, has resulted in the Dow Jones Industrial Average jumping 1,600 points since 2016’s election day. Such a large jump — well up into the nineteen thousands — has many market watchers discussing the prospect of the Dow breaking 20,000 points. The result has been nearly two trillion dollars in wealth generated for the tens of millions of Americans with money in the stock market. Keep Reading

Economics/Tech

Zuckerberg Embraces The Establishment

There are two obvious branches of the economy.  There is the market economy, entirely benevolent in nature and identified by its voluntary and mutually beneficial transactions, its natural coordination of scarce resources, and its ability to increase prosperity.  And the political economy which is entirely malevolent in nature, and is identified by its reliance on coercion and force, its bureaucratic inefficiencies, and its manipulation of fear, greed, and envy to serve the ends of a select few. Actors in both spheres of the economy are driven by a desire to better their own lives, the lives of their loved ones, and their community around them. In the market economy, individuals compete to sell goods and services to other individuals.  These voluntary transactions are mutually beneficial to all parties involved the vast majority of the time precisely due to their voluntary nature (no party would voluntarily enter into the transaction unless they felt they were being served through it).  Rising to the top in the market economy is immensely difficult,… Keep Reading

Go to Top

Thanks for visiting our site! Stay in touch with us by subscribing to our newsletter. You will receive all of our latest updates, articles, endorsements, interviews, and videos direct to your inbox. 

Send this to friend