Newsletter for Capitalism Magazine



** THOUGHT FOR THE DAY
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"The alleged purpose of the Antitrust laws was to protect competition; that purpose was based on the socialistic fallacy that a free, unregulated market will inevitably lead to the establishment of coercive monopolies. But, in fact, no coercive monopoly has ever been or ever can be established by means of free trade on a free market. Every coercive monopoly was created by government intervention into the economy: by special privileges, such as franchises or subsidies, which closed the entry of competitors into a given field, by legislative action. (For a full demonstration of this fact, I refer you to the works of the best economists.) The Antitrust laws were the classic example of a moral inversion prevalent in the history of capitalism: an example of the victims, the businessmen, taking the blame for the evils caused by the government, and the government using its own guilt as a justification for acquiring wider powers, on the pretext of 'correcting' the evils."
AYN RAND
Antitrust: The Rule of Unreason




** Black Identity ([link removed])
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By Thomas Sowell

Multiculturalism today celebrates all cultures but it is the poor who ultimately pay the price of that celebration in stunted development, missed opportunities and blighted lives.




** Capitalism vs Socialism: The “Mixed” Economy Has Mixed Everything Up in People’s Minds ([link removed])
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By Richard M. Ebeling

How much of a private business’s profits have been made and earned through making that “better mousetrap” and how much is due to corruption and influence in the political arena. It all seems mixed together in the “mixed” economy.




** Inconvenient Historical Truths From ‘Black History Month’ ([link removed])
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By Larry Elder

A few historical and inconvenient notes left on the cutting room floor during Black History Month.




** The Worst Enemy of Black People According to Malcolm X ([link removed])
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By Walter Williams

"The worst enemy that the Negro have is this white man that runs around here drooling at the mouth professing to love Negros and calling himself a liberal, and it is following these white liberals that has perpetuated problems that Negros have." -- Malcom X




** Bad Laws Punish Victimless “Crimes” with No Criminal Intent ([link removed])
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By John Stossel

"At the federal level, 98% of criminal laws are not passed by elected representatives. They are created by unelected bureaucrats who don't have to answer to anyone."



[link removed] AVAILABLE FOR PRE-ORDER

Heroes, Legends, Champions: Why Heroism Matters ([link removed])
What heroes are and why mankind needs them.

A provocative first step toward understanding the nature of heroes, one that will hopefully spark a lively 21st-century debate of this important subject. Order on Amazon ([link removed]) .

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Capitalism Visual Tour ([link removed])
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Discover the foundations of capitalism by taking the Capitalism Tour ([link removed]) . ([link removed])


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