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Tag Archives: free markets

The Simple Lesson We Should Learn from Global Economics

The Simple Lesson We Should Learn from Global Economics

I very rarely feel sorry for statists. After all, these are the people who think that their feelings of envy and inadequacy justify bigger and more coercive government. And I… Read more »

We Get Bad Analysis when Statists Write Economic History

We Get Bad Analysis when Statists Write Economic History

When major changes occur, especially if they’re bad, people generally will try to understand what happened so they can avoid similar bad events in the future. This is why, when… Read more »

The Economic Future of China and Hong Kong

The Economic Future of China and Hong Kong

I’m currently in Asia, where I just finished a series of speeches about economic policy in China and Hong Kong. These two jurisdictions offer very powerful lessons about the importance… Read more »

The Left Was Wrong about Unemployment Insurance

The Left Was Wrong about Unemployment Insurance

Over the past several years, I’ve repeatedly argued that you get more unemployment when the government pays people to be unemployed. But I’m not just relying on theory. I’ve cited both anecdotes and empirical research to… Read more »

The Amazing Hockey Stick of Economic Progress

The Amazing Hockey Stick of Economic Progress

Back in 2010, I shared a remarkable chart showing how quickly economic output doubles in a fast-growth economy, but it also showed how long it takes for GDP to expand if an… Read more »

The Miracle of Modern-Day Prosperity…and the Ideas and Policies that Made it Happen

The Miracle of Modern-Day Prosperity…and the Ideas and Policies that Made it Happen

Why are some nations rich and other nations poor? What has enabled some nations to escape poverty while others continue to languish? And if we want to help poor nations… Read more »

Be Thankful for Capitalism and Rich Entrepreneurs

Be Thankful for Capitalism and Rich Entrepreneurs

In previous columns, I’ve explained why a wealth tax is a very bad idea. And I’ve also pontificated on why leftists are wrong to pursue policies of coerced equality. So it goes without saying that I’m… Read more »

Worried About Inequality? Then Focus on Helping the Poor, not Punishing the Rich

Worried About Inequality? Then Focus on Helping the Poor, not Punishing the Rich

I haven’t spent much time writing about Thomas Piketty’s inequality book for the simple reason that my goal is economic liberty, not equality. That being said, I think that Piketty… Read more »

Let Markets Work, even for Folks Who Want to Buy and Sell Human Organs

Let Markets Work, even for Folks Who Want to Buy and Sell Human Organs

Back in 2011, I shared a video making the moral argument that adults should be allowed to buy and sell kidneys. After all, if one person is made better off by selling… Read more »

Copy Sweden or Greece? Learning from the Global Economic Experiment

Copy Sweden or Greece? Learning from the Global Economic Experiment

While theory is important, I suspect most people are more likely to be convinced by real-world evidence. This is why I frequently compare nations when arguing that free markets and small… Read more »