World History

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Inequality Doesn't Create Poverty

Global EconomyWorld HistoryPolitical Theory

Blog01/18/2017
When egalitarians like Oxfam say some people are "worse off," they really mean those people are getting rich more slowly than some others.

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Oxfam's Hypocrisy on Private Wealth

The EntrepreneurWorld HistoryPolitical Theory

By Oxfam's methods, anyone with a few bucks in the bank is causing poverty for the bottom 10%. Oxfam, of course, has much more than a few bucks.

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Free Market Economics and Crony Capitalism

Corporate WelfareFree MarketsWorld History

Blog01/13/2017

Does not big business wrap itself in the mantle of free markets? If so, are not exponents of free markets supporting crony capitalism?

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What European Integration Should Look Like

World HistoryPhilosophy and MethodologyPolitical Theory

Blog01/12/2017

The European Union could have been a mere union of states committed to increasing free trade and free movement. But, it has become nothing of the sort.

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The "Curse" of Labor-Saving Machinery Is Nothing New

Free MarketsWorld HistoryPolitical Theory

Blog01/10/2017

Amazon's new cashier-less and staff-less store is just the latest move in a long history of innovations that have made workers obsolete.

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Italy Needs a Dose of Bugatti Capitalism

World HistoryPolitical Theory

"Bugatti capitalism," typified by hyper-inventiveness and cutting-edge technological prowess that changed the course of Italian industry.

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"These Deeply Momentous Things": United States Intervention into World War I

World History

Blog01/09/2017

With 2017 now upon us, we are moving toward the hundredth anniversary of direct American intervention into the Great War in April 1917.

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We Need Less Politics and More Private Governance

World HistoryPhilosophy and MethodologyPolitical Theory

Blog01/08/2017

One of the most important things we can do is explain how markets, and not government intervention, are our best hope for a prosperous society.

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True Liberalism: A Personal Reflection in Honor of Ralph Raico

BiographiesWorld HistoryHistory of the Austrian School of Economics

Blog01/06/2017

We can build upon our understanding of liberalism, but as Ralph would stress, we should never forget our traditions, or discount our principles.

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Rum and Socialism Don't Mix

World HistoryPolitical Theory

When the Cuban government stole Havana Club rum from the true owners, it set into a motion an intellectual property debate that lasts to this day.

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