Economics

The Case Against Reparations: Part 2 0
- Economics
- March 4, 2021
With reparations, there is the issue of who pays. Do African countries owe reparations to Black Americans? After all, Harvard’s director of the Hutchins Center for African & African American Research, Henry Louis Gates, wrote that 90 percent of those enslaved and shipped to the New World were sold by Africans to European slavers. All
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The GameStop Saga Unravels Stakeholder Theory 0
- Economics
- February 4, 2021
The GameStop saga shows some “equity” movements are more equal than others. Stakeholder theory, the corporate version of social justice, attempts to install this hopelessly amorphous concept of “equity” in the business world. Equity, unlike equality, demands different treatment of individuals and different distribution of resources based on need, identity, and historical injustices. But now
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A Lesson in Power 0
- Economics
- January 28, 2021
The unifying strand in conservatism as a movement and the GOP as a political operation is a superficial desire to limit and eschew power. This position is sloganized in exhortations against “big government,” against “socialism,” against the noxious fumes of power. But movement conservatives, like their political counterparts, are quite all right with both the
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Limited Government is Not ‘Reckless Radicalism’0
- Economics
- January 22, 2021
With Inauguration Day behind us, ink spilled on politics is being diverted from Donald Trump and the transition of power to Joe Biden and the exercise of power. One such piece by Jeffrey D. Sachs over at CNN takes a rather disingenuous approach to this theme, calling a small government approach “reckless radicalism.” Rather than
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Politicians Are Incentivized to Embrace Useless COVID-19 Restrictions 0
- Economics
- December 11, 2020
Over the weekend Dr. Ashish Jha, dean of the Brown University School of Public Health, took to Twitter to criticize Massachusetts Gov. Charlie Baker for not taking more assertive government action to slow the spread of the coronavirus. “Massachusetts has more new COVID cases per capita than Georgia, Florida, or Texas,” observed Jha, who also
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Study: Student Debt Cancellation Benefits the Wealthy, Not the Poor 0
- Economics
- December 1, 2020
From Sen. Elizabeth Warren to Rep. Alexandria Ocasio-Cortez, some of the most prominent progressive politicians in the country are pushing hard for widespread student debt cancelation. So, it’s fascinating to see a new study show that forcing taxpayers to pay down the roughly $1.5 trillion in government-held student debt is not a “progressive” policy by
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