Category Archive: Unfree Markets

Jul 12

More death and starvation while people stand in line in Venezuela

Just 20 years ago, Venezuela was a rising economic power with a dynamic economy and a growing business community. Today, after 15 years of socialism, Venezuelans spend much of their time standing in long lines waiting for soap, beans or other scraps. Sometimes the long lines transform into riots, and the people become looters. Robbers …

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Jun 01

American death rates rise for the first time in a decade

Free, capitalist societies invariably produce populations who live longer, healthier lives. Wherever markets have become freer, life expectancies have grown, and death rates have gradually decreased. For years, the only country on earth where life expectancy has declined was North Korea. Now the New York Times is reporting that the U.S. is experiencing a rise …

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May 18

Venezuelan socialism drove away 9,000 companies

Socialism is a curse that no one should wish for–unless one wishes it on a hated enemy. Any society that adopts socialism will inevitably become sick and weak over time. Venezuela went hard-line socialist in 2000. Sociology professors in the U.S. cheered the Latin American country on. But just 16 years later, Venezuelans are starving …

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May 12

Brazil Collapses under Socialism

Like Venezuela, Brazil has been on a government-growing binge. Government “workers” have been given increasingly favorable pension and payment packages. Many retire young and live as barons at taxpayer expense. See here. But the socialist trend of the past 15 years is now producing negative returns in Brazil. The economy is collapsing. See here. Now …

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May 09

Venezuela Continues Downward Spiral

There has never been a famine in a capitalist country; famines and massive die-offs from starvation only occur in socialist countries. Here is a detailed Bloomberg News Service report about the economic collapse of socialist Venezuela. “Catastrophe is the new normal.” Amazingly, Venezuela has THE WORLD’S LARGEST OIL RESERVES. Yet the country is plagued by …

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May 07

Government slave plantation health care generating more ‘group doctor visits’

Every government program designed to help poor people get health care produces the opposite effect: Medicare, Medicaid, and Obamacare all subsidize artificial demand, causing prices to rise. If government withdrew its evil tentacles from health care, medical prices would quickly adjust downward and quality would quickly adjust upward. Markets always win. Now the New York …

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May 03

Medical Industry Becomes More Dangerous as it Becomes More Regulated: Medical Errors are now Third Leading Cause of Death

Never before in world history has an industry fallen under so much regulation as the current U.S. Medical Industry, an industry gorged on government money. Yet medical mistakes are now the third leading cause of death in America. See here. Only heart disease and cancer claim more lives. Indeed, “medical errors” in hospitals and other …

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May 01

Obamacare impoverishing millions

The government’s 2016 projections for Obamacare enrollees were off by 24 million people. The public has balked at sky-high premiums and deductables, while insurers have lost BILLIONS. Now the insurance companies are saying they will need to spike premiums in 2017. For example, in Virginia, a state that reports early, nine insurers returning to the …

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Apr 21

American businesses are in decline due to overregulation

Trusters of government have been pouring on regulations since the 1990s. Here is a Washington Post story about the decline of American entrepreneurship. Fewer business are launching. More are leaving, liquidating or dying. The average age of businesses is getting older (as young people stop starting businesses due to onerous licensing requirements). Thus, the efforts …

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Apr 21

More sad news for Venezuela: Government to ration electrical power

Venezuela, a South American country with dynamic people and the world’s largest proven oil reserves, has suffered under the curse of socialism for two decades. After the Venezuelan government took a hard-line turn toward socialism in the 1990s, the government took over most industries. Now the government of the oil-rich nation can’t provide enough electricity …

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