Economic Trends
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Why We Are Wealthy
The Wealth Explosion by Stephen Davies is one of the books the world needs. Much of the growing literature in what is called the “New History of Capitalism” credits (or blames) different kinds of exploitation like slavery, colonialism, and empire for the prosperity of Europe and its overseas offshoots. Some historians argue, for example, that…
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The Dangers to Prosperity All Around Us
Looking back at the 20th century there were great social, political and economic challenges. Technological advances accelerated and mass communication shrank the planet. In the process we embarked on two catastrophic world wars, whilst in peacetime economic booms and busts ensured human progress was as uneven as it was cathartic. The first two decades of…
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The Prospects for Prosperity in the New Year
Many problems we see in society are chiefly about us, not our elected officials. They are a reflection—distorted for better or worse—of who we are.
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The Reemergence of Fascism, Left and Right
The year 2019 was a great year for the American Institute for Economic Research; in the broader America, it was a volatile one for ideas, a great one for economic growth, and as divisive a time politically as one can imagine: certainly the most estranging of my near 50 years. With the end of the…
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Why Boeing’s CEO Had To Go
The failure of the 737 was a disaster for Boeing. There were many people to blame: regulators, technicians, flight trainers, quality assurance teams. But in the end, the buck stops with the CEO.
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The Perils and Pitfalls of Political Paternalism
Across the spectrum of differing political views, whether “progressive,” “nationalist,” “populist,” or “conservative,” there is a common presumption in all of their policy positions and programs. That common dominator is the premise that government is to be the guiding hand in directing and remaking society in some chosen form, to which and within which all…
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New Ideas are the Key to Economic Development
For all our progress, it is important to remember that critics and regulators have still won a lot of battles. They could win more.
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Jim Simons and His Quants
We meet colorful characters, financial success, and business matches made in heaven — but also ceaseless struggling, heartbreaking losses, friendships, marriages, and partnerships with flourishing beginnings and abrupt endings.
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Top Ten Economic Trends This Year and Next
It’s been a remarkable year in economics. Here are my personal picks for the top ten economic trends of this year and next. 1. The Chinese model of political economy is under pressure. Two years ago, there was a growing consensus that China had it right: free enterprise with totalitarian political control. Matters of changed.…
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•
The Last Days of the Left
Left-wing collectivism is not, in the end, about making society better off; it is about transferring power from the people outside of government to those inside of government.
-
•
Why We Are Wealthy
The Wealth Explosion by Stephen Davies is one of the books the world needs. Much of the growing literature in what is called the “New History of Capitalism” credits (or blames) different kinds of exploitation like slavery, colonialism, and empire for the prosperity of Europe and its overseas offshoots. Some historians argue, for example, that…
-
•
The Dangers to Prosperity All Around Us
Looking back at the 20th century there were great social, political and economic challenges. Technological advances accelerated and mass communication shrank the planet. In the process we embarked on two catastrophic world wars, whilst in peacetime economic booms and busts ensured human progress was as uneven as it was cathartic. The first two decades of…
-
•
The Prospects for Prosperity in the New Year
Many problems we see in society are chiefly about us, not our elected officials. They are a reflection—distorted for better or worse—of who we are.
-
•
The Reemergence of Fascism, Left and Right
The year 2019 was a great year for the American Institute for Economic Research; in the broader America, it was a volatile one for ideas, a great one for economic growth, and as divisive a time politically as one can imagine: certainly the most estranging of my near 50 years. With the end of the…
-
•
Why Boeing’s CEO Had To Go
The failure of the 737 was a disaster for Boeing. There were many people to blame: regulators, technicians, flight trainers, quality assurance teams. But in the end, the buck stops with the CEO.
-
•
The Perils and Pitfalls of Political Paternalism
Across the spectrum of differing political views, whether “progressive,” “nationalist,” “populist,” or “conservative,” there is a common presumption in all of their policy positions and programs. That common dominator is the premise that government is to be the guiding hand in directing and remaking society in some chosen form, to which and within which all…
-
•
New Ideas are the Key to Economic Development
For all our progress, it is important to remember that critics and regulators have still won a lot of battles. They could win more.
-
•
Jim Simons and His Quants
We meet colorful characters, financial success, and business matches made in heaven — but also ceaseless struggling, heartbreaking losses, friendships, marriages, and partnerships with flourishing beginnings and abrupt endings.
-
•
Top Ten Economic Trends This Year and Next
It’s been a remarkable year in economics. Here are my personal picks for the top ten economic trends of this year and next. 1. The Chinese model of political economy is under pressure. Two years ago, there was a growing consensus that China had it right: free enterprise with totalitarian political control. Matters of changed.…
-
•
The Last Days of the Left
Left-wing collectivism is not, in the end, about making society better off; it is about transferring power from the people outside of government to those inside of government.