Surging Wealth Inequality Is Poverty’s Greatest Enemy

Last week cable channel HBO premiered the documentary Breslin and Hamill: Deadline Artists. Regardless of one’s politics, it’s a very interesting and entertaining look into print media’s grand past, and at two of the greats (Pete Hamill and the late Jimmy Breslin) when it came to columns that gave readers the impression they were walking the streets alongside these most street-smart of writers.

Are Ownership Rent and Pure Profit Separate Returns to the Entrepreneur?

ABSTRACT: Murray Rothbard developed the concept of decision-making rent as a return to a kind of unhirable labor performed by the entrepreneur in his role as owner and ultimate decision-maker of the firm. Rothbard conceived owner’s rent as separate from profit and loss and the decision-making function as concerned with productive organization and technique, which is distinct from the function of forecasting uncertain future market conditions.

Why There Should be More Elections, More Often

One of the central issues in the current international furor over Venezuela are claims by some foreign governments that the results of the May 2018 elections do not reflect the true preferences of the voters.

For example, although Italy vetoed the proposal, the EU had been preparing to recognize the opposition party’s leader as Venezuela’s interim leader if a new election were not held immediately.