Critics of Capitalism Miss the Mark

Critics of Capitalism Miss the Mark

In his 1967 book The New Industrial State, the late Harvard economist John Kenneth Galbraith opined a view that’s been accepted by “progressives” ever since: corporations exert great power over consumers. Like zombies, we are seduced into buying things we don’t (or shouldn’t) want. Galbraith asserted that markets can’t even be trusted to produce proper […]

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 Helping Montana’s Working Poor

Helping Montana’s Working Poor

In an earlier life I taught school in a Midwestern Rust Belt town. The economy was depressed as auto makers struggled to adjust to new realities. Through the school’s community service program, my students and I were introduced to less fortunate folks as we helped a local church prepare free hot lunches. I found the […]

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 Poverty and Plenty

Poverty and Plenty

Thich Nhat Hanh notes in Peace Is Every Step that “It is difficult to explain to children in the ‘overdeveloped’ nations that not all children in the world have such beautiful and nourishing food…. [How can we] … assist those who need our help so much?” The material wealth of America’s average citizen astounds those […]

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 Oil Prices, Profits, and Economic Literacy

Oil Prices, Profits, and Economic Literacy

What is it about rising gasoline prices that causes IQs and body temperatures to converge? Or are our national politicians just behaving as usual, i.e., cravenly and cowardly? Democrats favor higher gasoline taxes and higher gasoline prices — except when gasoline prices are high. While claiming concern about rising levels of CO2, they demand gasoline […]

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 Markets, Not Mandates

Markets, Not Mandates

Many people don’t understand my opposition to government subsidies for “green” energy and question my belief that the market process is likely to generate environmentally and ethically superior results. Since both government mandates and markets will produce errors, it’s reasonable to ask: Which is more likely to correct them quickly? Government should provide funds for […]

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 Choice to the People!

Choice to the People!

If you drive, chances are you have damaged a car. Maybe, through no fault of your own, a fender was damaged or, as happened to me, a violent hailstorm dimpled your car like a large golf ball. What’s next? You make an insurance claim, cash the settlement check, and make a decision to fix or […]

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 Exploiting Poverty to Help the Poor

Exploiting Poverty to Help the Poor

Here’s a great and beneficial irony: exploiting poverty helps the poor. Many argue that increasing globalization enables wealthy countries to consume the world’s resources while exploiting poor countries’ cheap labor and trashing their environments. Well, here’s a resource we should be trying our utmost to deplete: poverty. Yes, poverty is a resource, and one that […]

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 A Plan for Fixing Welfare

A Plan for Fixing Welfare

Charles Murray is a courageous, tough-love analyst of social policy. His new book by AEI Press, In Our Hands, is the most radical I’ve read. Ever. Charles has worked to counter poverty since in the Peace Corps four decades ago. With a Harvard B.A. and MIT Ph.D. in political science, he is one of America’s […]

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 Toward a Living Wage

Toward a Living Wage

Who but misanthropes and exploiters of cheap labor would oppose the goal of increasing Montana’s minimum wage by one dollar to $6.15 per hour? Only a committed ascetic who inherited a home can enjoy a wholesome, healthy, independent life here on $12,000 per year. Clearly, the proposed increase falls far below a “living wage.” Fifteen […]

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 MSU, University of the Yellowstone

MSU, University of the Yellowstone

Here’s new evidence MSU is prospering. First the Carnegie Endowment just ranked MSU among the top 96 research universities in the U.S. No other school in our region made the cut. Second, on March 6th, Sikorsky Aircraft announced a new Bozeman design center to begin operation this July. Mark Miller, vice president of research and […]

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