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Industrial Policy in 2024—another term for socialism?

In a free market, private individuals own the means of production but must take their cues from consumers.

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Oakville teens should learn about communism before promoting it

Seventeen per cent of Canada’s 18- to 34-year-olds believe communism is the ideal economic system.

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Central planning from the inside—an interview with a Soviet-era economist

When more resources are controlled by politicians and the bureaucracy, there's more favouritism and discrimination.

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Estonia’s success demonstrates power of economic freedom

The average Estonian can expect to live nearly eight years longer than the average Russian.

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‘New Socialist Man’ was a selfish corrupt cheat

With no carrots in the form of market incentives, socialist leaders deployed a terrifying array of sticks.

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Sweden’s much more ‘free market’ than you think

The country deregulated markets in the 1990s, privatized state-owned companies, cut spending and reduced taxes.