Jeff Bezos, Charity, and Economic Well-Being: Wealth Creation Reduces Poverty
Amazon has done more to eradicate poverty than a hundred charities ever could.
Amazon has done more to eradicate poverty than a hundred charities ever could.
As fear that robots and artificial intelligence will take over whole lines of work, it is time to examine the real relationship between capital and the rest of us.
Academic historians of the "acclaimed" new history of capitalism have a major weakness: their claims do not match the historical record.
Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem.
The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery.
Post-Keynesians believe that capitalism is internally unstable, leading to necessary intervention by the central bank. Austrians see that as backward reasoning, as policies by the central bank to create credit from nothing is the problem
The reality of socialism is that it politicizes life entirely. How that is supposed to improve quality of life remains a mystery.
David Gordon continues his critical look at Jedediah Purdy's book, Two Cheers for Politics.
Before Steve Jobs and the iPhone, there was Malcolm McLean, inventor of the shipping container. McLean made the iPhone—and many other things—possible.
Patents lack a basis in natural rights; to the contrary, they may be a patent absurdity.