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TweetMatt Ridley writes with his usual deep insightfulness about innovation. Three slices: There is a paradox at the heart of innovation that I have yet to resolve in my own mind. Looking backwards,...
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TweetDavid Henderson warns of “the deadly focus on income and wealth inequality.” Three slices: You might think that the focus on wealth inequality has come about because of the huge growth in wealth...
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TweetThe Editorial Board of the Wall Street Journal decries Trump’s destructive – and lawless – obsession with tariffs. Two slices: Tariffs are an obsession for President Trump, much as climate was for...
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TweetThe Wall Street Journal‘s Editorial Board understandably is pessimistic about the coming consequences of the U.K.’s new Prime Minister, Andy Burnham. A slice: Alas, here Mr. Burnham appears to...
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TweetThe Editorial Board of the Washington Post explains what shouldn’t – but, alas, what today nevertheless does – need explaining: U.S. tariffs are taxes on Americans. A slice: Many American...
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TweetReflecting on World Cup visitors’ amazement at American affluence, Rick Reilly rightly renews his pride in being American – pride, that is, in the American people acting privately, not...
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TweetWall Street Journal columnist Andy Kessler rightly criticizes politicians of all stripes now peddling and pursuing pretty much the same set of ignorant ideas. A slice: Comedian Adam Carolla has a...
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TweetWriting in today’s Wall Street Journal, Phil Magness reveals “the deceptive statistics behind California’s wealth tax.” Two slices: The first problem lies in how Messrs. Saez and Zucman measure...
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TweetJack Butler remembers the late Gordon Wood. A slice: But Wood, who died in a car accident Sunday at 92, was far more than a chronicler of this country’s founding. He did more than any other...
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Quotation of the Day…
Tweet… is from page 59 of Thomas Sowell’s 1999 book, Barbarians Inside the Gates: If one confused word can gum up social policies, the legal system, and innumerable institutions throughout society,...
View ArticleA Largely Dispiriting Performance by Five Prominent Economists
TweetHere’s a letter to the Wall Street Journal. Editor: You asked five prominent economists to offer ideas “for reducing income inequality” (“Five Ideas for Reducing Income Inequality,” June 5). Of...
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TweetRichard Ebeling rightly applauds F.A. Hayek’s brilliant and as-relevant-now-as-ever 80-year-old paper, “The Meaning of Competition.” Two slices: The individual participant in the market process...
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Quotation of the Day…
Tweet… is from page 73 of Deirdre McCloskey’s forthcoming book, Equality of Permission [original emphasis]: An equality of outcome, the brain surgeon paid at the finish line, or the tenth mile, the...
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TweetGMU Econ alum Meg Tuszynski, writing in the Dallas Morning News, explains what states like Texas can teach states like New York about inequality. Two slices: When Americans talk about inequality,...
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Quotation of the Day…
Tweet… is from page 150 of Columbia University economics professor Arvind Panagariya’s brilliant 2019 book, Free Trade and Prosperity: In India, Bihar is the poorest state and Kerala one of the...
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TweetClark Packard makes a powerful case that “Congress should retire Section 122.” A slice [original emphasis]: My Cato colleague Kyle Handley has also laid out the historical case for why the...
View ArticleQuotation of the Day…
Tweet… is from page 177 of my GMU Econ colleague Mark Koyama’s, and his co-author Jared Rubin’s, superb 2022 book, How the World Became Rich : People living in wealthy countries who are at the bottom...
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TweetRamesh Ponnuru rightly criticizes Marco Rubio and others who continue to assert that, until Trump, the United States dogmatically pursued a policy of “unfettered” free trade. A slice: The lightly...
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Quotation of the Day…
Tweet… is from page 117 of Norbert Michel’s excellent, data-rich 2025 book, Crushing Capitalism: How Populist Policies are Threatening the American Dream [footnote deleted; link added]: A careful...
View ArticleOpen Letter to David Lay Williams
TweetProf. David Lay Williams DePaul University Prof. Williams: I genuinely appreciate your thoughtful January 13th essay “Concern about inequality is *not* mere envy.” But I find it unconvincing. It’s...
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