State Capitalism with American Characteristics Keeps Failing – No Matter the Party

“Underlying most arguments against the free market is a lack of belief in freedom itself.” — Milton Friedman

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The experimental "state capitalism with American characteristics" engaged in by both President Trump and former President Biden seems to be failing, especially when the company isn’t a star. To us, that’s yet another sign that free markets work best when left alone. 

Intel shares have fallen 14% since their fourth-quarter earn...

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