In Defense of Freedom
Capitalism isn’t perfect—but it’s better than the alternatives. Critics blame the free market for today’s problems, yet most issues stem from overregulation, not capitalism. Freedom works, even if it’s messy. As Churchill said of democracy, capitalism is the worst system—except for all the others.
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Artificial Bubble?
Are we in an AI bubble? As Mark Twain supposedly said, “History doesn’t repeat itself, but it often rhymes.” We are not in the same place today that we were in the 1990s, but there are certainly similarities. AI is an exciting new technology with huge potential, much as the internet was 30 years ago.
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Second Quarter 2025
Freedom is under fire—from both sides of the aisle. Critics say the free market isn’t working, yet their examples—housing, healthcare, education—are all heavily regulated. The problem isn’t the market; it’s the lack of one. As Friedman warned, skepticism of markets often masks a deeper discomfort with freedom itself.
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