The 1980s Called, And It Wants Its Industrial Paranoia Back
“Sad about it all is that formerly free market conservatives have joined the echo chamber this time around, and turned the volume way up. A $250 billion industrial policy bill reminiscent of ‘80s paranoia is the result. Good work, conservatives.” ~ John Tamny
READ MORE
A Conversation About Human Progress and Innovation
“On this episode of the Authors Corner, Ethan Yang speaks with Marian Tupy, a Senior Fellow at the Cato Institute and the editor of HumanProgress.org. The topics discussed touch on issues such as the rapidly improving living standards across the world, the causal factors of prosperity, the pace of innovation, and why the common narrative often distorts perceptions of human progress for the worse.” ~ AIER
READ MORE
Adam Smith Takes Cancel Culture in Hand
“By rejecting the controlling fist, we can accept the prosperity enabled by the invisible hand—Smith’s metaphor for the way in which individuals pursuing their own interests through ethical, mutual exchange leads to the prosperity that was not consciously designed by any intellectual. No person has that much knowledge. In short, it’s time for cancel culture to read some Smith. Instead of ranting on social media, talk to the (Invisible) Hand.” ~ Caroline Breashears
READ MORE
The Super-Rich Are Not Who You Think They Are!
“The work of Scott provides a powerful illustration of the importance of the qualification proposed by defenders of the super-rich. It is not wealth that is problematic, it is wealth generated by muting the forces of the market process (i.e. by rent-seeking). In other words, the policies that produce inequality matter!” ~ Vincent Geloso
READ MORE
FDR Versus Liberalism: Quotations From David Green, 1987
“In my view, one does well to climb out of Roosevelt’s trenches and rejoin the great arc of Western civilization. The more people who uphold the liberal semantic christened by Adam Smith, the better.” ~ Daniel B. Klein
READ MORE
Inequality Can Be Hurtful…in Unfree Societies
“Economically free nations tend, by virtue of their protection of property rights, to produce more rewards to effort which increases the likelihood of upward mobility. There is one simple implication from this: if you are concerned about the societal effects of inequality, you really are concerned by the low quality of institutions.” ~ Vincent Geloso
READ MORE
‘Big Tech’ Risks Going Down a Path of Decline Paved by ‘Big Rail’
“Here’s hoping a desire for near-term comfort from competition, criticism, and the markets doesn’t do to Big Tech what was done to Big Rail. Time will tell. But for now, it seems Big Tech is intent on traveling a path toward average that was first paved by the 19th century’s most innovative minds.” ~ John Tamny
READ MORE
Supply-Side Neoliberalism Sure Beats the Alternative
“The near-phobic disdain for supply-side economics and neoliberalism this century is part of a new wave of anti-capitalist sentiment. We have seen this movie before. It is a horror film. The true friends of rationality, liberty, and prosperity should wake up, stand proudly, and contend boldly.” ~ Richard M. Salsman
READ MORE
Addressing Financial Exclusion: The Right Way and the Wrong Way
“Marginalized groups of people are more than capable of succeeding when you just get out of the way. Policymakers today must understand the devastating consequences of well-intentioned policies and the hard fact that an imperfect private sector response is far preferable to a counterproductive government response.” ~ Ethan Yang
READ MORE
The War on Retirement
“The American version of the assassination of Archduke Ferdinand, the event that began the steady march toward oblivion, was the passage of the Social Security Act in 1935. The dominos have been falling ever since, and the last ones are about to tip over, intentions be damned.” ~ James R. Harrigan & Antony Davies
READ MORE
The Industrial Revolution Was Not a Wash!
“The findings of these recent articles are incredible for anyone seeking to bridge the divide between scholarly knowledge and the popular imagination. They show that even the worst-case scenario implies that the Industrial Revolution constituted a momentous and positive development in terms of the quality of life of the poorest.” ~ Vincent Geloso
READ MORE
Moritz J. Bonn: A Classical Liberal Voice in a Collectivist World
“Moritz J. Bonn was one of those classical-liberal voices of the twentieth century who understood how and why the world had turned away from its earlier roots in a philosophy, a politics, and an economics of freedom. He, like others from those middle decades of the last century, still has something of value to say and share with us. We should not allow them to be completely forgotten.” ~ Richard M. Ebeling
READ MORE
