Economics

Why Corporate America’s Retreat From Social Activism Is Good for Everyone 1
- Economics, Culture
- August 15, 2024
In January, Axios reported a developing trend in corporate America: corporations across the United States were backing away from DEI, which had become a “minefield” for companies. Following a multi-year boom in the Diversity, Equity, and Inclusion space following the 2020 death of George Floyd, corporations were pulling back on DEI initiatives. The risks were too great
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Adam Smith Thought This Was His Most Important Book 3
- Economics, Featured, Philosophy
- August 8, 2024
Adam Smith is best known for writing The Wealth of Nations, but in a way, his work in economics took a back seat to his moral philosophy. In fact, Smith thought that his first book, The Theory of Moral Sentiments, was more important than his economic theory. It’s in this book, for example, that Smith
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Identity Politics: Bad for Business, But Good for Management 1
- Economics, Culture
- August 6, 2024
In a market economy, businesses are supposed to pursue profits. Yet in recent years, many big corporations—including Disney, Target, and Bud Light—have become embroiled in costly scandals involving identity politics. As this year’s Pride Month is over, it’s worth asking why so many big businesses take such strong stances on culture war issues, even when
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Why Karl Marx Hated Jews 1
- Culture, Economics
- July 30, 2024
Let us be wary of the soothing narrative that downplays the seriousness of growing antisemitism. The belief that Jew hate will diminish once the Israel-Hamas war concludes may be misguided. As I go about my daily life, antisemitism is still a thing of the past. Not so on college campuses and in some cities. Like Elon
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Why Raw Milk Dealers Are Now a Thing 0
- Politics, Culture, Economics
- July 18, 2024
On her podcast The Skinny Confidential, Lauryn Evarts Bosstick made a confession while speaking with actress Gwyneth Paltrow a few months ago. “I have a dealer,” she said. On her podcast The Skinny Confidential, Lauryn Evarts Bosstick made a confession while speaking with actress Gwyneth Paltrow a few months ago. “I have a dealer,” she
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Differences in Outcome Do Not Imply Discrimination 0
- Culture, Economics
- July 16, 2024
People often claim that differences in outcomes between two racial or ethnic groups are proof of discrimination. For example, Jews account for just 0.2 percent of the world’s population, but they make up over 20 percent of all Nobel Prize laureates. Clearly, the argument goes, there must be some conspiracy afoot. The same line of
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