Vincent Geloso is a visiting assistant professor of economics at Bates College. He obtained my PhD in Economic History from the London School of Economics.
We ought to attack the true root cause of inequality — that is, rent-seeking. This is far more productive than redistributing the rents that the rent-seekers captured.
There was nothing inherent to the lighthouse that made it a public good. It was a public good because government regulation made it so.
The road not taken by Cuba, that of not having the revolution, is one on which the country would have been healthier and richer than it is now. This denial of human flourishing makes Cuba just like any other Communist regime, and thus the regime deserves only scorn.
Canadian “robber barons” were exactly like the American robber barons: largely a myth.