“Free Market Solutions to Societal Problems”

Thoughts on a Free Market Economy…
“Free Market Solutions to Societal Problems”
By Phyllis Hunsinger
November 1, 2017

Free markets are defined as a market economy based on supply and demand with little or no government control. America has prospered because free markets and the power of competition enabled growth. Why, then, if free markets have been so beneficial to the health and wealth of America, does the government continue to intrude by regulating almost every single aspect of life?

Part …

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“Are Disasters Good for the Economy?”

Thoughts on a Free Market Economy…
“Are Disasters Good for the Economy?”
By Phyllis Hunsinger
September 1, 2017

The recent hurricane named Harvey left in its wake a path of devastation along the Gulf coast region of Texas in late August, 2017. Hundreds of thousands of people were without power; millions of dollars damage to businesses, city centers, infrastructure, and homes were recorded. Rebuilding the damaged facilities will take years. Business will be soaring for the construction crews, building supply companies, and home furnishing stores.

Does …

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The Importance of Economic and Social Mobility

Thoughts on a Free Market Economy…
“The Importance of Economic and Social Mobility”
By Phyllis Hunsinger
Nov. 1, 2016

The history of America is replete with stories of individual achievement. Immigrants from all over the world, many empty-handed when they arrived, had opportunities in America to better their standard of living. People who were not born into wealthy families actually became wealthy, and some individuals who were born into wealthy families lost their wealth.

America was founded on the belief, as stated in the Declaration …

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“Getting the Balance Right”

Thoughts on a free market economy….

“Getting the Right Balance”

By Phyllis Hunsinger

October 1, 2015

“There is so much at stake in getting the balance right between government regulation and marketplace freedom—and yet our educational system increasingly fails to teach our young people the fundamental workings of the free enterprise system, the system of checks and balances that restrains government from abusing its power, and the crucial role of competition and capital formation to keep our economy healthy.”  These are the words of John S. Hendricks, the founder …

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Taxes and the Impact to the Economy

“Taxes and the Impact to the Economy”
By Phyllis Hunsinger
January 1, 2014

Each year for many Americans, the New Year’s Eve festivities recede to memory to be replaced front and center by the thought of taxes: finding and compiling the paperwork for taxes, followed by the payment of taxes. There is perhaps no more onerous task than understanding the tax laws, complying with the tax codes, and payment of taxes.

Yet, individuals are not the only ones affected by taxes. The influence on the economy …

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Thoughts on a free market economy…..

“Wealth Creation”

By Phyllis Hunsinger

October 1, 2013

The poor in the United States often own flat-screen TV’s, cell phones, automobiles, and other possessions deemed luxury items by the poor in other countries. Why is that? Why do the poor in the U.S. have a much higher standard of living than the poor in other countries?

Capitalism is the only system that can create wealth for the masses. This is true because capitalism is the only system based on private property rights, voluntary exchange, limited government, …

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