While government struggled mightily to steer us through the coronavirus pandemic, the free market got to work. Popular culture most often portrays businessmen and the corporations they head as greedy and ruthless. A lightly regulated free market and the profit motive, we’re told, inevitably leads to the exploitation of workers and consumers. Through Hollywood’s lens, government is far more virtuous…
Last week, Senator Elizabeth Warren introduced the Accountable Capitalism Act. The proposals in the bill included: (a) a requirement that any company earning more than $1 billion of revenue would be governed by a federal charter, (b) a minimum of 40% of the board of directors of such corporations be composed of representatives of employee, and (c) a requirement that…
Why in order to become the freest market in the country, Texas should rethink corporate incentive policies. Texas has long been touted as being one of the most business-friendly states in the nation. In many ways this could be argued as true. While companies are not completely free from state taxation in our state, the lack of a state personal…