Protectionism for Auto Dealers in Texas

Protectionism for Auto Dealers in Texas

The Texas government just allowed alcohol to be delivered directly to consumers, but won’t allow a car to be? Correct. Rather, they have been on an all-out assault on the free market when it comes to the car market. The victim, at the moment, is Tesla. The law currently requires all cars to be sold through a dealer, prohibiting any…

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Beginnings of Booze Reform come to Texas

Beginnings of Booze Reform come to Texas

Governor Abbott has recently signed a law allowing companies to deliver alcohol directly to consumers. For food establishments in Texas, and Amazon, this is huge for their bottom line as it removes an unnecessary barrier. The Vice President of Rosario’s has said it will hopefully add more than ten percent to their bottom line. This could mean the same for…

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5 Ways to Address Millennial Pessimism about Capitalism

5 Ways to Address Millennial Pessimism about Capitalism

Polls suggesting that millennials have a favorable view of socialism are well publicized. Less known are polls showing that 90 percent of millennials have a positive view of entrepreneurship, and 58 percent of millennial respondents believe they are more entrepreneurial than previous generations. So far, though, millennials have not been as entrepreneurial in practice as prior generations. But there is hope that this could change given their…

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Don’t Blame Capitalism for Surging Student Debt and High Tuition

Don’t Blame Capitalism for Surging Student Debt and High Tuition

American college graduates are suffering financially under the weight of $1.5 trillion of student loan debt. The bulk of that debt stems from worrisome federal student loan practices and ballooning state tuition costs. Approximately 75 percent of college students attend a state university or college with tuition rates set by legislatures or state institutions. Over 85 percent of student loans…

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FEE: The Leader of the World’s Largest Hedge Fund Says the Economic System That Made Him a Billionaire Is a Threat

FEE: The Leader of the World’s Largest Hedge Fund Says the Economic System That Made Him a Billionaire Is a Threat

Ray Dalio, billionaire and co-chairman of Bridgewater Associates, the world’s largest hedge fund, recently penned an essay warning that America faces an existential threat if capitalism isn’t reformed. Even in the overheated rhetoric of 2019, this is a bold claim from a professional capitalist. So, what is the state of the American economy? Wage Stagnation After a decade of slow…

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ArcDigital: Alexandria Ocasio-Cortez is Not Qualified to Manage the New Green Economy

ArcDigital: Alexandria Ocasio-Cortez is Not Qualified to Manage the New Green Economy

Nothing in 29-year-old Alexandria Ocasio-Cortez’s (D-N.Y.) brief work history as a bartender qualifies her to direct a massive transformation of society. Rep. Ocasio-Cortez is the co-author of a bill popularly called “The Green New Deal.” The dubious premise of the bill is that the world as we know it will end in 12 years if we don’t take immediate and…

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