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  • How We Can Do Good By Doing Well

    How We Can Do Good By Doing Well0

    Among economists’ insights over the last almost 250 years, one of the keenest is that one can do good while doing well. The idea traces to Adam Smith. It means capitalists’/entrepreneurs’ pursuit of profit can have favorable consequences for the community at large – and not just for capitalists and entrepreneurs. It applies equally to landowners and

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  • How Venezuelans Can Recover from the Sickness of Socialism

    How Venezuelans Can Recover from the Sickness of Socialism0

    And now that the legislators and do-gooders have so futilely inflicted so many systems upon society, may they finally end where they should have begun: May they reject all systems, and try liberty; for liberty is an acknowledgment of faith in God and His works – French economist and statesman Frédéric Bastiat, 1850. Venezuela’s socialist

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  • How Tyrants Rise: Plato’s Eerie 2,500 Year-Old Warning

    How Tyrants Rise: Plato’s Eerie 2,500 Year-Old Warning0

    How can the wealthiest people make democracies worse? Plato investigates the question in Book VIII of the Republic. Socrates suggests there that, in pursuit of more and more wealth, oligarchic citizens within the democracy will exploit the lower economic classes, even to the point of undermining their own oligarchic economic interests. In other words, the oligarchs’

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  • How TV’s Drip-Feed Destroys Your Mind

    How TV’s Drip-Feed Destroys Your Mind0

    Many years ago, my wife and I decided to unplug ourselves from the prurience and propaganda piped into our homes via the television. It was one of the best decisions we ever made—and one of the most liberating. It freed us from hours of passive servitude to the soporific drip-feed of mind-numbing nonsense that passes

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  • How Trump’s Tariffs Could Enrich Your Home

    How Trump’s Tariffs Could Enrich Your Home17

    Some of the first effects American consumers will feel from Trump’s tariffs will be in how much harder it will be to purchase the fast, cheap goods that Americans are used to procuring with the click of a button. This particular consequence of added duties on imported goods may be one which has a silver

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  • How Trump’s COVID Case Could Affect His Chances of Re-Election

    How Trump’s COVID Case Could Affect His Chances of Re-Election0

    With just a month left until the November 3 U.S. presidential election, contracting the virus could have politically positive or negative consequences for President Donald Trump. These will, of course, be contingent on how severe the president’s illness becomes. But we should not count him out and Biden in just yet. Here are the ways

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