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Free Market

BUSINESS
December 30, 2012 | By Jonathan Moules
What is it about pirates that fascinates us so much? It is not just the swords and swashbuckling (although I have three young sons who would disagree with that statement), since pirates have reappeared in so many guises over the years. In the decades after World War II, the label was attached to rebellious disc jockeys broadcasting rock 'n' roll off the U.S. coast. At the dawn of the present century, it has been attributed to teenage nerds creating websites in their bedrooms to make free music downloads and software available to the masses.
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NEWS
November 15, 2012 | By Morgan Little
Libertarian icon and three-time presidential hopeful Ron Paul delivered his final address on the House floor Wednesday, admitting that while he sees little progress in favor of his defined cause of freedom, he sees a chance the tide can turn as he steps away from Congress. Paul, a Republican who leans heavily toward libertarianism and has served Texas' 22nd District intermittently since 1976, admitted that “according to conventional wisdom,” his tenure on Capitol Hill has “accomplished very little.” “No named legislation, no named federal buildings or highways - thank goodness.
SPORTS
November 9, 2012 | By Mike DiGiovanna, Los Angeles Times
Atlanta has a surplus of starting pitchers and might be willing to part with Tommy Hanson, Julio Teheran or Randall Delgado. Arizona is reportedly willing to trade Trevor Bauer, the former UCLA star who was the third pick in the 2011 draft. Tampa Bay (James Shields, Jeremy Hellickson), Cleveland (Justin Masterson), the New York Mets (R.A. Dickey) and Chicago White Sox (Gavin Floyd) also have pitching assets that might interest the Angels, but General Manager Jerry Dipoto may lack the chips required to deal for such starters.
OPINION
October 30, 2012
Re "Tesla sparks dealer ire," Oct. 26 The car dealers and their legal mouthpieces are trying to pull the same shenanigans with Tesla Motors, which sells its cars directly to consumers instead of through franchisees, that the liquor distribution cartel has been doing to small-time brewers and distillers in most states with the mandatory three-tier system. I've got something for these big businesses to try on for size: their beloved free market. They want influence in the courts and state legislatures when it benefits only them, which is the exact opposite of the free market.
NEWS
October 27, 2012 | By Christi Parsons
With just more than a week to go before the election, Republicans and Democrats sparred Saturday over how best to turn the economy around. The weekly Republican address comes from Ann Wagner, a GOP candidate for Congress in Missouri, who urged government regulators to get out of the way of job creators as a route to recovery. In his Saturday morning address, President Obama cites Wall Street as an example of when restriction of the free market is appropriate - and, he says, vital to ensure a level playing field.
BUSINESS
October 24, 2012 | By Tiffany Hsu, Los Angeles Times
The market for gluten-free foods and beverages is booming, with double-digit growth over the last four years as more consumers find themselves diagnosed with celiac disease and food allergies. The market for products without the gluten protein — found in wheat, barley, rye and some other grains — is valued at $4.2 billion this year, according to a report from Packaged Facts. Since 2008, it has grown at a compound annual rate of 28% and is expected to exceed $6.6 billion by 2017.
SPORTS
June 30, 2012 | By Lisa Dillman
Whether it was Ilya Kovalchuk or Brad Richards, the Kings have managed to find a way to get in the picture for the flavor of the month, a means to get in the door. Of course, literally getting in the door at the Toronto agency that represents Richards was a struggle last year for the Kings' brain trust, live on national cable TV in Canada. But they did eventually get in after it was unlocked. These forays were always interesting. The Kings were runners-up in the free-agent bidding for Kovalchuk two years ago and among the invited teams to pitch for Richards last July 1. But that all was long before the Kings came armed with a certain shiny new recruiting accessory: The Stanley Cup. The ramifications of their Stanley Cup championship and its impact on the free-agent market will be tested for the first time starting Sunday.
OPINION
June 3, 2012 | By Arlie Russell Hochschild
We hear a great deal these days about the twin virtues of a free market and family values, as if the two went hand in hand. Reasoning about the connection seems to go like this: The freer the market, the more jobs. The more jobs, the more money. The more money, the stronger the family. And to free the market, the U.S. needs to cut taxes; privatize such things as public parks, libraries and schools; deregulate business; and cut public services such as Pell grants to help fund college, Medicaid and food stamps.
NATIONAL
May 19, 2012 | By Lisa Mascaro, Washington Bureau
WASHINGTON - Aiming squarely at GOP critics of Wall Street reform, President Obama said Saturday that investment bank JPMorgan's stunning $2-billion loss serves as a reminder of the importance of Washington's role in preventing another financial crisis. The 2010 financial overhaul law counts among Obama's signature legislative achievements, but it continues to come under attack by Republicans in Congress and on the campaign trail, including likely presidential nominee Mitt Romney, as an example of government overreach.
OPINION
May 13, 2012
Re "Overvaluing the free market," Opinion, May 8 Michael Kinsley has a wrong premise about capitalism. Its justification is not that it makes a contribution to society (though it does that) but that it respects each individual's right to his own life and the fruits of his efforts. Anyone, rich or poor, who earns his money honestly has the right to use it as he wishes. No on else has a moral claim on it. No one has a right to say how much another person should earn if the money is earned through voluntary trade.
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