Free Markets

News and Articles About Free Markets

No, Facebook Didn't 'Create' 4.5M Jobs. But Its Impact Can't Be Understated.
Facebook

No, Facebook Didn't 'Create' 4.5M Jobs. But Its Impact Can't Be Understated.

Facebook's hiring numbers are squishy, but the company continues to serve as a great example of how entrepreneurship can help the world.
Ray Hennessey
Ban on Cuban Cigars Goes Up in a Puff of Smoke
Free Markets

Ban on Cuban Cigars Goes Up in a Puff of Smoke

A new policy by President Obama means that importing up to $100 worth of Cuban tobacco products will be legal.
No, McDonald's Won't 'Ruin' Cuba
Capitalism

No, McDonald's Won't 'Ruin' Cuba

The lamentations of how McDonald's will somehow hurt Cuba are misplaced. You should be cheering on the Golden Arches.
Ray Hennessey
College Is Worth the Price. Just Not This Price.
College

College Is Worth the Price. Just Not This Price.

A college president says economic models don't apply to college tuition. That theory wouldn't pass Econ 101.
Ray Hennessey
The World Needs More of Richard Branson's 'Hubris'
Richard Branson

The World Needs More of Richard Branson's 'Hubris'

The criticism of Sir Richard Branson's role in the SpaceShipTwo crash is a knock on entrepreneurship itself.
Ray Hennessey
Tim Cook Is Wrong: You Really Can't Fire Someone For Being Gay
Free Markets

Tim Cook Is Wrong: You Really Can't Fire Someone For Being Gay

Tim Cook, in acknowledging his homosexuality, perpetuated a politically charged myth about gays in the workplace.
Ray Hennessey
Accidents Happen and Space Is Hard
Free Markets

Accidents Happen and Space Is Hard

Ignore the criticism over the private sector's role in the Antares rocket failure.
Ray Hennessey
How Business Is Regulating Good Behavior in the NFL
Capitalism

How Business Is Regulating Good Behavior in the NFL

The NFL and players needed sponsors to get serious about abuse. Thank capitalism for that.
Ray Hennessey
Stop Playing So Nice With Your Competition
Competition

Stop Playing So Nice With Your Competition

The criticism of Uber's disruption of Lyft is misplaced. We should all be so competitive.
Ray Hennessey
When Company Culture Becomes Discrimination
Company Culture

When Company Culture Becomes Discrimination

Culture can be a wonderful selling point to attract new employees and customers. But it might also be a cultural hegemony as corrosive as saying you only want a third of your workforce to be women.
Ray Hennessey
When Will Washington Start Unleashing the Power of Entrepreneurs?
Free Markets

When Will Washington Start Unleashing the Power of Entrepreneurs?

The latest GDP figures prove that the policies of the last six years are targeting the wrong culprits.
Ray Hennessey
Starbucks Finds a Free-Market Solution to Education Costs
Education

Starbucks Finds a Free-Market Solution to Education Costs

An important shift in who actually subsidizes out-of-control tuition inflation seems like a good first step.
Ray Hennessey
Why 'Ghostbusters' Should Be Every Entrepreneur's Favorite Movie
Inspiration

Why 'Ghostbusters' Should Be Every Entrepreneur's Favorite Movie

The movie is 30 years old, but the business principles underlying it are timeless. Really.
Ray Hennessey
What Nannies Teach Us About Smart Regulation
Regulations

What Nannies Teach Us About Smart Regulation

The market can regulate products or businesses better than any bureaucrat. Just ask a babysitter.
Ray Hennessey