by David W. Cooney As we approach the 2016 election run in the United States of America, you can expect the usual claims from both of the major political parties about how they are really on your side. You probably know the narrative. Republican candidates will assure us that the Democrats are all about big … More Who's Looking Out For You?
by David W. Cooney Here’s a sobering thought. If we were to actually pay for what the government provides, our taxes would be almost doubled. The purpose of this article is not to address the issue of deficit spending or the government debt. I am also not addressing the level of government spending for those … More Your Tax Dollars
by David W. Cooney Stop crying about Fed rate hikes! So says an article on CNN Money in a comment that is directed at Wall Street. What is most interesting about this comment is that it essentially admits what distributists have been criticized for saying for some time. The economic aims of Wall Street are … More Wall Street vs Main Street
by David W. Cooney At the beginning of his term as Prime Minister, David Cameron unveiled a program called the “Big Society.” The idea is to decentralize both legislative and tax authority from the central government and make them more local. Geographically, this plan goes beyond the states of the United Kingdom, and even beyond … More Devolution
by David W. Cooney In response to my article on the nature of capitalism, I received some responses objecting to my statement that part of the definition of capitalism is that laws facilitate the separation of ownership from work. Well, not only do the laws of capitalism facilitate the separation of ownership from work, but … More Stocks: The Myth of Ownership
[Editor’s note: This article was originally published as “Have Smith’s Theories Been Proven to Work In Spite Of the Presence of Government Meddling in Economics?.” After further reflection, I determined that the original article was attempting to critique Smith’s theories during time which, as demonstrated in the previous article, his theories were not even being … More Does Capitalism Work?
Practical Distributism 