Everything posted by ARC
Nicole Ciandella over at the Competitive Enterprise Institute challenges President Obama and his Republican opponent's shared preference for discussing small businesses rather than big ones. It's the big businesses, she says, and the businesses that become big, that create new opportunities for workers and consumers. So they deserve more "love" from politicians. It's true that big businesses don't get enough respect. The creation of a big business is a towering acheivement. And the failure of politicians and voters to give the creators, owners and operators of big businesses the respect they are due is one reason that big businesses such as Google and stellar CEOs like Greg Reyes end up targeted for government abuse. But to argue that big businesses should get politicians' attention because they create job opportunities is to miss a fundamental moral point -- and risk encouraging injustice as a result. Read the full blog post and see a clip from Atlas Shrugged Part II at The Atlas Society's website.
Does Mitt Romney even know what a free market is? It’s worth asking, if only because people watching him debate last night, and incorrectly assuming that a successful businessman must know such basic facts, may have been misled. I quote: Regulation is essential. You can't have a free market work if you don't have regulation. As a businessperson, I had to have -- I need to know the regulations. I needed them there. You couldn't have people opening up banks in their -- in their garage and making loans. A free market is precisely a market in which people can open up banks in their garages, crumbling apartments, and back pockets—or their stores, factories, and mansions—and make loans without getting the government’s permission... For the full post, including lots of links to relevant past material on The Atlas Society's website, go here.