Economic History
|
Can Adam Smith Save Gen Z?
“Convincing this generation of college students requires making the positive argument for the free market, restoring to prominence the real case Adam Smith made for markets, individual liberty, and restrained government against the backdrop of official state control.” ~Blake Ball
|
The (Other) Cost of Inflation: Inflation Erodes More Than the Value of Money, History Shows
“Hazlitt’s thesis is that bad money will inevitably result in bad behavior. This might be a tough thesis to swallow — particularly for those who live in the age of fiat money.” ~Jon Miltimore
|
Mr. Jones and the Soviet Lie
“Socialism not only hollows out economies, but also makes truth the enemy of the people. And when silence overwhelms a nation, the few who are brave enough to speak can shape history.” ~Michael Peterson
|
Check Your Economic Hubris
“No matter how glorious it was for Icarus to fly and how well he thought he could do it, reality has a way of punishing excessive hubris.” ~Joakim Book
|
Markets and the Montgomery Bus Boycott
“The immutable laws of markets enabled Montgomery’s black community to use the withholding of bus fares through the organized boycott to effectively turn the city bus company into an ally for legal reform.” ~Blake Ball
|
The Beginning of the Modern World: It Was Always the Dutch
“The Dutch Republic was a common destination for a brain-drain of innovators from elsewhere: merchants from the south, bakers from Germany, Portuguese and Spanish Jews.” ~Joakim Book
|
Review: Milton Friedman: The Last Conservative
“Friedman wasn’t a contrarian, but a firm believer in following the facts wherever they led. This ‘positive economics’ approach would underpin his later contributions for which he was most known.” ~Michael N. Peterson
|
The Golden Constant
“The fear fueling this increase in the demand for gold is that the “unsinkable” ship of state has been so compromised by debt that it now risks slipping under the waves.” ~Clifford F. Thies
|
The Failure of the Pilgrims’ First Christmas
“Believing that human nature is flawed and selfish, the colony leadership should have known that any system based on voluntary goodness was bound to fail.” ~Will Sellers
|
When Liberal Became a Political Adjective
“Before the 1770s, liberal meant generous, munificent, as in “with a liberal hand,” or tolerant and befitting a free man, as in liberal arts and liberal sciences. Those meanings were not political.” ~Daniel Klein
|
The Monroe Doctrine Turns 200
“The Monroe Doctrine sought to express the consensus of American sentiment about its view of its place in the world. Americans wanted to limit involvement with the politics and factious belligerence of Europe.” ~Will Sellers
|
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
