smashcapitalism

A Comment on the New History of Capitalism

– September 18, 2020

“Much of the current debate revolves around an emergent historiographical school. Usually referred to as the ‘New History of Capitalism’ (NHC), this school has produced a sizable body of research contending that the institution of slavery was a central building block of American capitalism. At the same time however, the NHC literature has come under intense criticism from economic historians who have long studied the same subject, and who question both its use of evidence and its conclusions.” ~ Phillip W. Magness

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classroom

Should K-12 classrooms teach from the 1619 Project?

– September 12, 2020

“We need not indulge the bombastic posturing of Trump, or unlikely legislative efforts to strip funding from schools, to conclude that the 1619 Project is still ill-suited for K-12 education. That is a judgement we may make on its scholarly shortcomings alone.” ~ Phillip W. Magness

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four pillars

The Indispensability of Economics

– July 23, 2020

“When we see the potential of freely interacting individuals, economic understanding becomes necessarily built on hope. Hope about innovation, mutual agreement, peace, and prosperity. When people are left to their own devices and the rulers of society are held accountable, this is what results.” ~ Ethan Yang

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Westbury New York

Slavery Did Not Enrich Americans

– June 25, 2020

“The New History of Capitalism misfires badly, however, in its interpretation of these facts. Slavery was not necessary for cotton, and cotton was not necessary for industrialization. Had chattel slavery never taken hold in the United States, we would very likely be richer than we are today.” ~ Art Carden

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trophy, hands

The Good Guys Are Winning!

– June 18, 2020

“AIER is convincing the world that lockdowns were poor policies indeed, never to be repeated for this or any similar threat.” ~ Robert Wright

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Open Letter to the Institute for New Economic Thinking

An Open Letter to the Institute for New Economic Thinking

– June 16, 2020

“Treating this as a mistake and correcting it is the right thing to do in response to an unfortunate lapse in judgement. Failure to do so in my opinion would amount to among the most egregious instances of such crass intimidation I have seen.” ~ Max Gulker

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people, brazil

Thomas Sowell at 90: Understanding Race Relations Around the World

– June 16, 2020

“Now, at the age of 90, Thomas Sowell continues to offer us understanding and insight into the attitudes and institutions that can bring all people greater peace and prosperity, as well as human liberty.” ~ Richard Ebeling

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eugenics society

Racism and the Early History of the American Economic Association

– June 13, 2020

“In order to understand ‘racism and its impact on our profession and our discipline,’ that discussion needs to look inward though at the organization’s own history. Doing so will require a frank, factual, and historically grounded evaluation of the ongoing legacies of formative AEA leaders such as Ely, Commons, and Ross.” ~ Phil Magness

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American History Reveals the Alternative to the Police State

American History Reveals the Alternative to the Police State

– June 10, 2020

“There is ample evidence that decriminalization of Americans’ personal lives, the proliferation of gun ownership, and the encouragement of competitive markets for property insurance and private protection services can greatly improve upon our current monopolistic, union-controlled, taxpayer-funded machines of state repression.” ~ Robert E. Wright

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Open Letter to the Charleston Protestors

An Open Letter to the Charleston Protestors

– June 6, 2020

“Your cause is just and we hope we can work together in the days, weeks, months, and years ahead.” ~ Robert E. Wright

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Japan’s Three Decades of Depressive Stimulus Schemes

Japan’s Three Decades of Depressive Stimulus Schemes

– June 3, 2020

“The U.S. and Japan are old welfare states that can’t afford what they’re doing; nonetheless, their politicians can’t seem to succeed electorally without persisting in their profligacy. Japan’s history signals the likely outcome for copycats: prolonged stagnation.” Richard M. Salsman

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Letter from Populist

Letter from a Populist

– June 3, 2020

“Populist beneficence — using funds taken from the populace via taxation and/or inflation — is a favorite tactic of authoritarian and “banana republic” governments the world over.” ~ Raymond Niles

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