Latest news with #freeMarkets
Wall Street Journal
07-07-2025
- Business
- Wall Street Journal
WSJ Opinion: Will Trump's 'Disappointment' With Putin Lead to Action?
Videos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
Wall Street Journal
23-06-2025
- Business
- Wall Street Journal
Dust Off Your Econ 101 Notes
Regarding 'Javier Milei's Gift for Pope Leo' (Inside View, June 16): Andy Kessler's brilliant explication of the value of free markets neglects to explore the most important outcome of them, individual freedom. Unrestrained by central planning, citizens can exercise their choice as to what they like and what they are willing to pay for it. The essence of price discovery is when the aggregation of these decisions is reflected in the marketplace. The first lesson in almost every introductory microeconomics course is 'Consumer Choice,' how an individual will decide how much of his resources he'll devote to what good based on his preferences. Central planning corrupts that, restricting individual freedom and creating scarcity of goods and distortion of prices. It likewise breeds a climate for corruption, favoritism, fraud and waste. Perhaps the meddling grandees with Ph.D.s should review their Econ 101 notes.
Wall Street Journal
15-06-2025
- Business
- Wall Street Journal
Javier Milei's Gift for Pope Leo
On June 7, Pope Leo XIV met with Argentine President Javier Milei at the Vatican. Mr. Milei reportedly gave the new pope a historical document from 1642, a handwoven vicuña poncho, and Austrian economist Friedrich Hayek's 1988 book, 'The Fatal Conceit: The Errors of Socialism.' Even though the book costs only $18.83 on Amazon, it was the most valuable gift. Hayek's fatal conceit is that 'man is able to shape the world around him according to his wishes.' It's a hearty defense of free markets—of classical liberalism. My colleague Matthew Hennessey got taken to task by the vice president for defending free markets on these pages. In 2025!
Wall Street Journal
11-06-2025
- Business
- Wall Street Journal
WSJ Opinion: The Deportation Wars Begin
Videos that speak for free markets and free people, the principles, if you will, marked in the watershed year of 1776 by Thomas Jefferson's Declaration of Independence and Adam Smith's "Wealth of Nations."
CNN
11-06-2025
- Business
- CNN
The Washington Post has a new Opinion editor four months after Bezos touted ‘significant shift'
The Washington Post on Wednesday announced it has a new Opinion editor. The move comes four months after it announced a 'significant shift' to the Opinion page and the departure of its embattled section chief. Adam O'Neal, who currently serves as The Economist's Washington correspondent, will take over as the Post's top Opinion editor, the outlet announced in an X post that includes an introductory video from O'Neal. 'We're also going to be stalwart advocates of free markets and personal liberties. We'll be unapologetically patriotic, too,' O'Neal said in the video. 'Our philosophy will be rooted in fundamental optimism about the future of this country.' The Opinion section won't 'lecture' readers about ideologies or 'demand you think certain ways about policy,' O'Neal said. The stance falls in line with the vision articulated four months prior by the Post's owner, billionaire Amazon founder Jeff Bezos. Bezos also mentioned free markets and personal liberties when describing the section's new mandate, which drew backlash from some staffers — including from Marty Baron, the Post's revered former executive editor under whom the outlet won 11 Pulitzer Prizes — and praise from some conservatives. 'We are going to be writing every day in support and defense of two pillars: personal liberties and free markets,' Bezos wrote in a February X post. 'We'll cover other topics too of course, but viewpoints opposing those pillars will be left to be published by others.' As part of the February announcement, Bezos noted that David Shipley, O'Neal's predecessor, had been offered the opportunity to continue leading the section under the new directive but that Shipley had 'decided to step away.' Shipley's departure from the Post followed four months of mounting criticism from Post staffers and readers. The storied newspaper drew criticism for its eleventh-hour choice not to endorse then-Vice President Kamala Harris' presidential bid, which led to several editorial board members resigning and more than 200,000 subscribers canceling their digital subscriptions. Shipley also decided not to run a cartoon satirizing the relationship between Bezos and US President Donald Trump from Ann Telnaes, leading to the Pulitzer Prize-winning cartoonist's resignation. Since Shipley's departure, deputy Opinion editor Mary Duenwald has served as interim section chief. No start date has been announced for O'Neal. In a Wednesday email to staffers obtained by CNN, Will Lewis, the Post's chief executive and publisher, noted that O'Neal 'recognizes the importance of ensuring our opinion coverage is relevant, accessible, and consequential for readers who feel underserved.' 'His appointment is about more than just filling a role; it is about connecting our editorial voice to the real concerns and conversations happening across America,' Lewis said. Get Reliable Sources newsletter Sign up here to receive Reliable Sources with Brian Stelter in your inbox. In the email, Lewis similarly championed Bezos' mandate for the Opinion section: He said its new direction is not 'aligned to any political party' but instead presents 'an opportunity for our Opinion section to share the best of American values.' O'Neal's hiring comes just over two weeks after the Post offered voluntary buyouts to Opinion staffers, the Post's video and copy desks and any news employees who have been at the paper for 10 years or more. The buyout offers run through the end of July.
