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Another Year, Another Crisis

“From inflation to a Fed tightening cycle, to banking losses and now real estate tremors, we again find ourselves climbing tenuously out of one hole only to collapse limply into another.” ~Peter C. Earle

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Proletarian Capitalism

“Simply by repurposing existing personal property, Uber, Airbnb, and other sharing-economy innovations enlarge humanity’s stock of productive capital. And in doing so, these innovations also create more capitalists.” ~Donald J. Boudreaux

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High Costs, Greenlash Hit Europe

“Like any other good, environmental protection has an opportunity cost. Surveys indicate that the majority of Europeans support green laws; however, a majority is also increasingly worried about the cost.” ~Nikolai Wenzel

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Cherry-Piketty Data

“Whether the distribution is problematic and calls for correction is one question, but measuring the extent of inequality and whether it is getting worse is an entirely different issue.” ~Robert Mulligan

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