Archive for Hugh Macaulay
Why Social Security Is Popular
Hugh Macaulay was Alumni Professor of Economics Emeritus at Clemson University. Polls show that people under 40 believe they are more likely to see an unidentified flying object than a penny of benefits from Social Security. Those 40 to 65 think they may see some return on the Social Security taxes they have paid. But [...]
1Sep2001 | Hugh Macaulay | 0 comments | ContinuedCan Government Deliver the Goods?
Hugh Macaulay is Alumni Professor of Economics Emeritus at Clemson University. Students in their first course in economics learn that every country faces three problems that it must resolve. What goods will be produced? How will it produce these goods? and, who will get the goods produced? Since the questions deal with economic matters, it [...]
1Jan1999 | Hugh Macaulay | 0 comments | ContinuedThe Taiwan Model
Hugh Macaulay was Alumni Professor of Economics Emeritus at Clemson University. He was a visiting professor at National Taiwan University in Taipei from August 1984 to July 1985. People at all times in the past and everywhere on earth today have wanted to enjoy economic growth and prosperity, as well as political and personal freedom. Unfortunately, [...]
1Jul1998 | Hugh Macaulay | 0 comments | ContinuedIs Environmental Pollution the Principal Environmental Problem?
Dr. Macaulay is Alumni Professor Emeritus of Economics at Clemson University. Ever since Rachel Carson published Silent Spring in 1962, Americans have been actively concerned about environmental pollution. Congress has enacted laws requiring clean water and clean air, and the Environmental Protection Agency has been established to enforce these laws. Activist environmental groups, such as [...]
1Jul1995 | Hugh Macaulay | 0 comments | Continued-
The Latest
JPMorgan Chase and Casino Banking
JPMorgan Chase & Co., one of the nation’s leading banks, revealed in May that a London trader racked... Read More
Individualism, Trade-Unions, and “Self-Governing Combinations”
Who do you imagine said this? “[Trade-unions] seem natural to the passing phase of social evolution,... Read More
Bubbles, Malinvestment, and Higher Education
Many commentators are asking whether the next big bubble to burst will be the debt associated with the... Read More
JPMorgan’s Blunder Is No Market Failure
I am not going to try to defend JPMorgan Chase for its recent, widely reported financial blunders. ... Read More
For Equality; Against Privilege
This TGIF originally ran July 7, 2006. The freedom philosophy can be boiled down to two phrases: for... Read More




