Poverty

Jamaica could have a bright future, but its insistence on pursuing reparations from the West will surely derail any progress the country has made.

Most of the money Africans give away never appears in a spreadsheet. It moves between relatives, through churches and mosques, into contribution clubs and burial funds, from one neighbor’s hand to another’s.

Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of the way.

Mutual aid societies once were an important part of the US social landscape. Africans can benefit from the same movements—provided their governments get out of the way.

The liberal ideal of the individual and rational, welfare-serving law, and a defense of the Industrial Revolution against the myth that early capitalism degraded the common man.

Economics is far more than what people see as “the economy.” It is the central organizing factor for civilized society.

Economics is far more than what people see as “the economy.” It is the central organizing factor for civilized society.

David Gordon reviews Shawn Ritenour's The Economics of Prosperity. The book shows how economic growth stems from entrepreneurship, the division of labor, and investments in capital and technology. These factors, Ritenour argues, are the key to prosperity in underdeveloped countries.

Like every other government program designed to make something “more affordable,” the student loan program has managed to drive college tuition to atmospheric levels and saddle students with massive levels of debt.

The late P.T. Bauer provided much insight into the issue of the so-called First World sending aid to Third World nations in the name of “development.” Bauer demonstrated conclusively that such donations actually impede economic growth in poor nations.