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TweetHere’s an audio file of my intrepid Mercatus Center colleague Veronique de Rugy’s recent appearance on NPR’s 1A; the topic discussed is the proposal for government to give bonds to children at...
View ArticleFair ≠ Equal ; Fair > Equal
TweetThis short video by Johan Norberg is must-see. The post Fair ≠ Equal ; Fair > Equal appeared first on Cafe Hayek.
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TweetCiting Doug Irwin’s soaring new book, Clashing Over Commerce, George Will rightly and correctly scolds Trump’s protectionism. Here’s his conclusion: Fomenting spurious anxieties about national...
View ArticleFreeman Essay #80: “Equality and Capitalism”
TweetMy column in the September 2002 Freeman was devoted to explaining that market-driven economic growth decreases, rather than increases, material inequality. My column is below the fold. Probably...
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TweetMark Perry (citing my Mercatus Center colleague Dan Griswold) clearly explains that so-called “trade deficits” are generally cause for celebration rather than for consternation. Here’s Mark’s...
View ArticleIf You’re an Ordinary American in 2018, You Are Materially Richer Than Was...
TweetToday – February 20th, 2018 – is the second anniversary of what is by far the single most popular blog post that I’ve ever written. It’s on how ordinary Americans today are quite plausibly...
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TweetMy Mercatus Center colleagues Veronique de Rugy and Christine McDaniel argue in today’s Investor’s Business Daily against the Trump administration’s cronyist scheme to punitively tax Americans who...
View ArticleFreeman Essay #94: “Can You Spot the Billionaire?”
TweetIn the January/February 2004 Freeman I argued that in modern commercial societies the observable differences – those that are visible to the naked eye – between even the hyper-rich and ordinary...
View ArticleNo Good Economist Has Ever Said that Material Possessions Matter Exclusively...
TweetHere’s a letter to a new correspondent: Ms. Elaine Dorman Ms. Dorman: You’re correct that my arguments about the increasing wealth of ordinary people – and about the disappearing observable...
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TweetNorthwestern University law professor John McGinnis explains how the sharing economy is reducing economic inequality. Barry Brownstein corrects the late Stephen Hawking’s mistaken views of the...
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TweetMy Mercatus Center colleagues Christine McDaniel and Veronique de Rugy make the case against the Trump administration’s proposal for including a sunset clause in NAFTA. Marty Finkler busts some of...
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TweetSteve Horwitz responds to Elizabeth Bruenig’s brief for socialism. Here’s Mark Perry – citing Ross McKitrick – on the ignorance of those who celebrate “Earth Hour.” Tim Worstall is not buying the...
View ArticleEconomic Inequality is Falling
TweetIn this short video, Dan Hannan busts the myth that global capitalism is impoverishing the poor and increasing economic inequality. (HT my great colleague Walter Williams) The post Economic...
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Quotation of the Day…
Tweet… is from page 573 of Book IV, Chapter vii of the 1981 Liberty Fund edition of Adam Smith’s 1776 masterpiece, An Inquiry Into the Nature and Causes of the Wealth of Nations: Thirdly, the labour of...
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Quotation of the Day…
Tweet… is from page 164 of the 2000 Liberty Fund edition of Frederic William Maitland’s profound 1875 dissertation at Trinity College, Cambridge, A Historical Sketch of Liberty and Equality: A...
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TweetGeorge Will hears the ever-louder whirring of a debt spiral. Here’s his conclusion: Hillsdale College’s Gary Wolfram notes that total discretionary spending — including defense — for fiscal 2019...
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TweetGeorge Selgin dives more deeply into the interesting and revealing history of Canadian banking. Tim Worstall reports on solid evidence contra Piketty. David Bier explains that Central American...
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TweetIn this podcast, Alberto Mingardi talks with the Wall Street Journal‘s Mary Kissel about the unfortunate rise of populism. My intrepid Mercatus Center colleague Veronique de Rugy correctly argues...
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Quotation of the Day…
Tweet… is from page 80 of Steven Pinker’s wonderful 2018 book, Enlightenment Now (footnotes deleted; original emphasis): The need to explain the creation of wealth is obscured yet again by political...
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TweetJohn Tamny very nicely explains – by using the real-world case of Hong Kong – just why Trump’s protectionist ideas are nitwittery on stilts. A slice: That the U.S. is open to the world’s plenty...
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