Brief History of Capitalism

A short explanation on how the capitalist economic system came to be, and how it evolved in its early stages. [By Andrew Joseph Riesberg]

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A Defense of Walmart

Walmart, while not perfect, deserves, from a utilitarian perspective, a three for good ethical standards and especially its benefits towards society. When evaluating Walmart, we should evaluate it by how much good it does. Jeremy Bentham laid out the standard we should use, “the greatest happiness of the greatest number . . . ”. While […]

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Libertarian (and Conservative) Lunacy

The debate over net neutrality has caused a split in the American right. Significant portions of our side have defected to the side of Bernie Sanders and Elizabeth Warren. Reason Magazine editor, Robby Soave summarized the two sides well on Twitter, “arguments against [net neutrality] are usually well-reasoned and moderate. Arguments for it are consistently […]

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Euro Markets in Turmoil

A sharp decline in Spain’s IBEX 35 highlights market reactions towards Catalonia’s latest move to declare independence from Spain. The index has fallen as low  2.1 percent and euro zone banking shares have fallen as much as 1.8 percent. However things slightly improved as the Spanish Prime Minister, promised to restore “the rule of law” […]

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A Defense of the Indefensible

Imagine a category 5 hurricane barreling towards you. Imagine being worried that the gas will be ten times as expensive as it usually is because last you heard anti-price gouging laws had not been implemented. You arrive to the gas station and to your relief, the price is almost the same as it was a […]

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The Real Worst Trade Deal

President Donald Trump often talks about terrible trade deals but he misses an important piece of information– America benefits from the expansion of global free trade. The real worst trade deal would be a return to the pre-World War Two era of isolationism. In February, President Donald Trump spoke at the Boeing assembly plant in […]

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