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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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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