To offer a semblance of solidarity with the working class, wealthy leftists have substituted identity politics for class conflict, and attempted to recast economic problems as problems of racism or bigotry. So, instead of assailing the manipulation of the economy …
How Government Policy Reduces Fertility
The United States, Canada, Australia, New Zealand, South Korea, Japan, and every country in Europe have fertility rates below replacement level (2.1 births per woman). And where there is smoke, the state has lit a fire.
This is not an …
The Upside of Lockdowns: More Saving
Something good is coming out of the covid lockdowns. Economist David Rosenberg released a special report via the eponymous Rosenberg Research, concluding “the pre-COVID-19 ‘norm’ of a 7% personal savings rate will morph into a post-COVID-19 norm of 10%.”
Rosenberg …
What Does "Freedom" Mean? There Are Many Different Answers.
Freedom: An Unruly History
by Annelien de Dijn
Harvard University Press, 2020
426 pages1
Those of us who follow Mises and Rothbard think that freedom means “freedom from.” In Rothbard’s view, rights are negative. People aren’t at liberty to …
Jeff Deist: Animating Economics to Serve Real People and Real Businesses
Economics is an animating science.
Economics is treated by many as an arid field of mathematical modeling. Human beings are treated as data in the model, almost the way physics regards atoms and molecules. This approach to economics doesn’t help …