Creative Destruction versus Robert Frank’s Progressive Consumption Tax
Schumpeter warned that assessments that ignored creative destruction would misconstrue the social results that arise from capitalism in practice. This article exposes the applicability of this warning to the analyses of positional-good consumption presented by Robert Frank.
On the Ethics of Fair Value Accounting: Distributive Effects, Distributive Injustice, and Implications for Social Peace
This study pushes the boundaries by adding a new dimension to the discussion of the ethics of fair value accounting by examining its ethics from a more systemic and societal perspective.
The Other COVID Crisis: Prospects for Recovery from Pandemic Policies
Nicholas Eberstadt addresses conditions in employment, unemployment, and discusses the concerning trend of adults who are not in the labor market at all.
Book Review: Surprised Again! The COVID Crises and the New Market Bubble
Surprised Again! by Mises Institute senior fellow Alex J. Pollock and Howard B. Adler tells this story of the COVID recession.
Book Review: Slouching towards Utopia: An Economic History of the Twentieth Century
Brad DeLong’s 600-page tome admirably aims to provide the grand narrative of economic growth in the United States and the rest of the world from 1870 to 2010. However, afflicted with numerous problems, it ultimately proves to be a disappointment.
