Friday, March 25, 2022

The left hates competition

Competition makes numerous areas of our lives more efficient, from the economy to education to the search for truth.

In the economy, competition is the single most powerful force for progress and innovation. A good way to entice customers away from your rivals is to make a superior product. "Build a better mousetrap and the world will beat a path to your door."

The Nobel Prize-winning economist George Stigler called competition "the patron saint of the consumer." Competition pushes producers to provide consumers the most for their money — a combination of keeping prices as low as possible and keeping quality as high as possible. It pushes them to be efficient. Producers who fail to be efficient don't survive. Competition means survival of the efficient.

The degree of competition determines the crucial balance of power between consumers and producers. Vigorous competition puts power in the hands of consumers. Its absence puts producers in control.

A good way to appreciate the value of competition is to look at its polar opposite: monopoly. Monopoly means consumers have only one producer to choose from. One choice amounts to no choice. Under communism, all producers are monopolists. The state has a monopoly on every aspect of life.

Because it lacks competition, a communist economy is extremely inefficient and always becomes dysfunctional. Cuba and Venezuela, for example, can barely feed their populations.

No economy is automatically or organically efficient. Efficiency requires incentives. Those don't exist under communism. A free-market, voluntary-exchange economy provides an abundance of incentives. The profit motive is one example. The more efficiently the owners of a private business operate, the more profit they will take home at the end of the year. It's similar to the way a fantail keeps a windmill pointed into the wind.

In an otherwise efficient economy like ours, public schools are as dysfunctional as they would be under communism. That's because the public-school establishment has been so effective in blocking competition in education.

Public schools fit most of the characteristics of monopolies. Teachers and their unions have power, while students and their parents have almost none. If more competition were introduced, the power imbalance would be reversed. The increased interest in "school choice" — vouchers and charter schools, for example — are reasons for optimism.

Competition among ideas is what makes free speech and robust debate so vital. Debate is, in fact, competition in search of the truth. The left's cancel culture is about destroying competition and establishing a monopoly of ideas. Leftists think they've already discovered the truth, so there's no reason to continue the search.

Conservatives love a society that rewards the efficiency of competition. Leftists hate it. They love communism instead.

The left hates competition March 24, 2022

Ron Ross Ph.D. is a former economics professor and author of The Unbeatable Market. Ron resides in Arcata, California and is a founder of Premier Financial Group, a wealth management firm located in Eureka, California. He is a native of Tulsa, Oklahoma and can be reached at

Saturday, March 5, 2022

Is the Democrat Party terminal?

The Democrat Party is on the wrong side of every single issue — borders, law enforcement, parents vs. teachers, inflation, Critical Race Theory, school choice, cancel culture, lockdowns, masks, individual freedom, gasoline prices, pipelines, wokism, unrestricted abortions, and a president who has dementia, just to name a few.

Does the party have a death wish? We have all known persons who are self-destructive. That behavior can afflict groups as well as individuals.

The Democrat Party and the left foster self-hatred. They believe that our country is irrevocably racist and is destroying the planet by using fossil fuels.

The Democrat establishment and most of its voters are racked by guilt. Unless they join a monastery, they have no choice but to participate in the system they believe is destroying our future.

The Democrats have lost their self-preservation instinct and their will to live. Just look at the party's lack of concern about its hemorrhaging loss of support among its traditional bases — blacks, Hispanics, Asians, mothers, and independents. The breadth of the damage is unprecedented. In all likelihood, the party is too far gone ever to regain its former status and influence.

The party's problems are deep-seated, rooted in the sick nature of what it has become. The United States has been a two-party country throughout its history. Will that be enough for the party to survive in some form?

The Democrat party is headed for election losses of monumental proportions this November. When that happens, what will be the party's response?

The Democrats are stuck. Most of the party leaders who got them into this mess will still be there after the election. Self-awareness and accountability are definitely not what the Democrats are known for. They will not get the message.


Is the Democrat Party terminal? - American Thinker March 4, 2022

Ron Ross Ph.D. is a former economics professor and author of The Unbeatable Market. Ron resides in Arcata, California and is a founder of Premier Financial Group, a wealth management firm located in Eureka, California. He is a native of Tulsa, Oklahoma and can be reached at

Good news sucks for climate cultists

There's a war against happiness. Climate alarmists bury good news and exaggerate bad news. They have made up their minds to be miserab...