Economics

It’s Light Bulb Liberation Day 0
- Economics
- September 9, 2019
The Department of Energy is putting down its guns and withdrawing troops in the war on the incandescent bulb that began in 2007. It’s pretty late in the day; the last factory to make them in the U.S. shut down in 2010. It’s hard to find them in a store, in which case: thank goodness
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The Myth of Earth’s Overpopulation Crisis 0
- Economics
- September 6, 2019
Shortly after my wife graduated from college, she joined Zero Population Growth. Looking back, she tells me it was an emotional reaction fueled by reading Paul Ehrlich’s apocalyptic claims. In his book, The Population Bomb, Ehrlich wrote: “The battle to feed all of humanity is over. In the 1970s hundreds of millions of people will
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Karl Marx: Intellectual Father of the 1619 Project?0
- Economics
- September 5, 2019
The New York Times’ 1619 Project seeks to establish the moment the first slave ship landed in Virginia as “a new point of origin for our national story,” because “nearly everything that has made America exceptional grew out of slavery.” The series – which attempts to link American prosperity, our economic system, even our lack of a single-payer healthcare system to slavery – can count
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Could the Green New Deal Create More Climate Victims Than It Saves?0
- Economics
- September 4, 2019
Today, CNN is televising a “climate crisis town hall” for Democratic presidential candidates. Meanwhile, Hurricane Dorian, after tearing through the Bahamas, is menacing Florida and the East Coast. The candidates will surely point to the hurricane as they call for drastic measures against climate change. Tweeting about Dorian, Bernie Sanders has already offered his own
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Why Socialism Is the Failed Idea That Never Dies 0
- Economics
- September 3, 2019
Kristian Niemietz, Socialism: The Failed Idea That Never Dies. Institute for Economic Affairs, London 2019, 374 pages. What would you say to an amateur chef who baked a cake following a certain recipe only for everyone who ate a slice to fall ill quickly afterward? Being such an enthusiastic baker, they bake the same cake
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Seven Quotes That Reveal the Racist Origins of Minimum Wage Laws 0
- Economics
- August 28, 2019
Minimum wage laws are suddenly vogue. According to the National Conference of State Legislatures, 18 states began 2019 with a new minimum wage. Three states have since passed legislation to increase the minimum wage to $15 an hour, a wage floor the House of Representatives is seeking to make the law of the land. The
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