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- Art Carden
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Art Carden
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What DiLorenzo offers is not a biography of Hamilton but instead a critical examination of his ideas and a historical exploration of how they have shaped American history. DiLorenzo contrasts the statist, mercantilist, and nationalist philosophy of Hamilton with the strict constitutionalism of Jefferson, writes Art Carden. This audio Mises Daily
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Art Carden
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The illusion of wartime prosperity is rooted in how national income was calculated and in how the statistics were compiled, writes Art Carden. This audio Mises Daily is narrated by Keith
Mises Daily
Author:
Art Carden
Online Publish Date:
A common criticism of the market economy is that the wealth it generates brings with it unacceptable levels of income inequality—it is conceded that the market economy generates great deals of material wealth, but it is argued that this material wealth is accrued unevenly. The astute reader will note that income inequality, as measured by the Gini
Mises Daily
Author:
Art Carden
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In my last piece, I argued that we may not be measuring inequality correctly and that, if we examine our ability to substitute the goods available to the poor for the goods available to the rich, we may find that the gap between rich and poor is shrinking. But let’s go ahead and grant that we are measuring inequality correctly and that it is
Mises Daily
Author:
Art Carden
Online Publish Date:
In previous essays, I have argued that a) we may not be measuring inequality correctly and that a proper conception of the concept may lead us to the conclusion that inequality is actually decreasing , and b) that even if inequality is increasing, it is unclear that it is necessarily detrimental to society . Here, I will show that the data on the