Hong Kong historically is a great place to climb out of poverty.

The current crisis teaches us that excessive regulation and bureaucratic sloth can have deadly consequences. Here’s John Stossel’s video with another lesson, explaining that we need more capitalism rather than more government. This seems like a no-brainer, especially given the wretched economic performance of countries where the government owns or controls the means of production. But not everyone agrees. The appropriately named Paris Marx […]

A silver lining to all the bad news.

A lesson to be learned.

How Singapore broke through the middle-income trap.

Markets generate higher income, better lives, and upward mobility.

He’s once again advertising his ignorance.

Hong Kong and Cuba were roughly equal in 1950. They’re not anymore.

“Late Capitalism” misses the mark.

Thanksgiving is a good time to remind people about America’s failed experiment with socialism.