Vincent Geloso
The Cheap Populism of Bashing CEO Pay
“The time needed to accumulate skills and experience is considerable and few people want to have the downsides of being a CEO. Demand for such skill is increasing faster than supply, which results in growing CEO pay. It’s basic economics.” ~Vincent Geloso
What if the First Great Age of Globalization Began 100 Years Earlier?
“Given that the first era of globalization is tied in the imagination of many to rising and converging living standards, this argument amounts to saying that living standards could have surged earlier had free trade been more popular.” ~Vincent Geloso
Economic Growth Remains One Way Out of Historical Tensions
“When the future looks bright and living standards are rapidly improving, old grudges and tensions lose their relevance. We end up forgetting them because the things ahead look so much more enticing.” ~Vincent Geloso
If You Care About Social Mobility, You Need to Let Markets Work
“A person born in the economically freest quartile of metropolitan areas experiences between 5 and 12 percent more intergenerational income mobility. This effect is systematically larger than the effect of income inequality.” ~Vincent Geloso
Price Controls Don’t Fight Inflation: 40 Centuries of Evidence
“Price controls do not stop inflation; they only make things worse. If prices are going up, it’s either because monetary policy is too loose or because the economy suffered a decline in productivity.”
There Are No Democratic Socialists And No Liberal Dictators
“The dictator who finishes off democracy is not an enlightened individual. A dictator can then indeed liberalize, but this will not be from a true commitment to political or economic liberty.” ~Vincent Geloso
Don’t Blame Video Games for France’s Riots
“Let us review this evidence to better understand why, again, we can dismiss the type of deflection that President Macron is attempting to do.”
Appropriately Measuring Inflation and Deflation Teaches Humility!
“Had we used the true price index, we would have found a larger contraction due to lockdowns. That means that we understated the cost of lockdowns.” ~ Vincent Geloso
Global Well-being Inequality Is Falling!
“The Human Progress Index (HPI), amalgamates eight important indicators of well-being from 1990 to 2018: infant mortality, life expectancy, nutrition, deaths from outdoor air pollution, schooling, political liberty, internet access and GDP per capita.” ~ Vincent Geloso
The Collapse of the USSR Was One the Best Things that Happened to the Environment
“These proportions suggest that the collapse of the USSR was an incredibly cheap climate-change mitigation ‘policy.’ Indeed, the mitigation was itself a benefit to economic growth rather than a cost.” ~ Vincent Geloso
