“An Audacious Promise: The Moral Case for Capitalism”
Even if we do not all get rich at the same rate, we all still get richer. To see the importance of this point, ask yourself: If you could solve only one social ill–either inequality or poverty–which would it be? Or suppose that the only way to address poverty would be to allow inequality: Would you allow it? This seems a no-brainer: poverty is a far larger factor in human misery than is inequality. If we could have steadily fewer people suffering from grinding poverty, is that not something to wish for, even if it comes with inequality? This appears to be the position in which we find ourselves. The only way we have discovered to raise people out of poverty is the institutions of capitalism, and those institutions allow inequality. Keeping people in poverty seems too high a price to pay in the service of equality. One is tempted to say that only a person who has never experienced poverty could think differently.
Putting together a list of the most Googled conservatives is more difficult than you’d think. You have to come up with an initial list of conservatives. The original list was...Read More
Associate Professor of Economics, North Carolina State Univ.
Last week thousands of coddled British students rioted because the British government decided that its children would have to… gasp…
Newly minted West Virginia Senator, Democrat Joe Manchin, ran for office denigrating Obama’s take over of our national healthcare system
Last weekend Americans For Prosperity once again held its RightOnLine conference, this year in beautiful downtown Minneapolis, Minnesota. Consequently, the