Capitalism in the United States
The current debate over capitalism in the United States centers on the degree to which the government should let the markets determine resource allocation or use its power of taxation and regulation to influence market outcomes. One source for analysis and policy discussion that favors free markets over government involvement is the Cato Institute. The Economic Policy Institute is a think tank that tends to advocate government involvement for issues that benefit low-income workers. Its goal (according to the web site) is to “broaden the public debate about strategies to achieve a prosperous and fair economy. The Heritage Foundation is another research institute designed to promote public policies that are consistent with free enterprise, limited government and individual freedom.
For example, a 2004 EPI briefing paper advocates increasing the Federal minimum wage while testimony by the Heritage Foundation offered reasons for keeping the minimum wage (many economists advocate abolishing the minimum wage completely).
These individuals or publications usually represent free-market ideals:
Robert J. Barro (economist) post.economics.harvard.edu/faculty/barro/popwritings.html
The Library of Economics and Liberty http://www.econlib.org/
Adam Smith Institute www.adamsmith.org
American Spectator www.spectator.org
American Enterprise Institute www.aei.org
Milton Friedman http://www.friedmanfoundation.org/
Ludwig Von Mises Institute http://mises.org/
The following individuals or publications usually represent liberal ideas of those influenced by John Maynard Keynes:
The Brookings Institution www.brookings.org
Economic policy Institute www.epinet.org
