All Posts Tagged With: "inequality"
Were You Born on the Wrong Continent? How the European Model Can Help You Get a New Life
I like to compare the rival coalitions of organized capital represented by the major parties to two farmers. One farmer thinks it’s more profitable in the long run to work his livestock in moderation and feed them well. The other figures he’ll come out ahead by just working them to death and replacing them. I [...]
25May2011 | Kevin A. Carson | 7 comments | ContinuedIs Socialism Good in Theory?
Socialism has been mortally discredited on economic grounds, thanks to Ludwig von Mises, F. A. Hayek, and history. But for many people it has not been discredited on moral grounds. You can tell this by how often people say that while socialism doesn’t work in practice, it is good in theory. Strange notion—that a theory [...]
1Oct2003 | Sheldon Richman | 0 comments | ContinuedBook Reviews – October 2003
The Illusion of Victory: America in World War I by Thomas Fleming Basic Books • 2003 • 543 pages • $30.00 Reviewed by Richard M. Ebeling Imagine how different the twentieth century might have been if Lenin and the Bolsheviks had never come to power in Russia in 1917 and had not set in motion all the cruel crimes that were [...]
1Oct2003 | FEE Admin | 0 comments | ContinuedThe Fourth Great Awakening and the Future of Egalitarianism
Robert Fogel argues that “egalitarianism” is a national ethic that has manifested itself in American history in three successive forms. During the eighteenth, and most of the nineteenth, century it took the form of desiring for everyone an “equality of opportunity” for material success. Toward the end of the nineteenth, and throughout most of the [...]
1Jan2002 | Sam Bostaph | 0 comments | ContinuedWhat Government Can Do: Dealing With Poverty and Inequality by Benjamin I. Page and James R. Simmons
University of Chicago Press · 2000 · 309 pages · $29.00 Reviewed by Martin Morse Wooster One of the major triumphs of liberty in the 1990s was in welfare reform. In the 1980s, scholars—notably Charles Murray—who contended that welfare demeaned those who accepted it and ensured lifetimes of dependence on the dole were condemned as [...]
1Oct2001 | Martin Morse Wooster | 0 comments | ContinuedIs Greed Good?
“Unbridled avarice is not in the least the equivalent of capitalism, still less its ‘spirit’.” —Max Weber[1] Recently greed has become a popular term of endearment. There’s even a TV game show by that name. In 1987, Oliver Stone released a popular movie called Wall Street, in which Gordon Gekko, the fictional dealmaker extraordinaire, declares, [...]
1May2000 | Mark Skousen | 1 comment | ContinuedCapitalism: Discrimination’s Implacable Enemy
John Hood is president of the John Locke Foundation, a nonprofit think tank in North Carolina, and the author of The Heroic Enterprise: Business and the Common Good (Free Press), from which this article is adapted. Do racial minorities, women, and other groups need the government to protect them against prejudice and discrimination? To hear [...]
1Aug1998 | John Hood | 2 comments | ContinuedThe Future of Capitalism
Dr. Bellante is a professor of economics at the University of South Florida in Tampa. The late Austrian economist Ludwig Lachmann was fond of saying that the future is not knowable, but it is imaginable. In The Future of Capitalism, Lester Thurow has put his imagination to work. His method is to use an analogy [...]
1Sep1996 | Don Bellante | 0 comments | ContinuedEquality
Mr. Jebb is a British educator, editor, and journalist. Editor’s Note: It is not our purpose to take sides in what might be deemed the political affairs of Great Britain. This critique of “Towards Equality,” a pamphlet recently released by the British Labor party, is presented primarily for those in this country who are increasingly [...]
1Oct1956 | Reginald Jebb | 0 comments | ContinuedGrand Street Never Dies
Mr. Chodorov is editor of The Freeman. Any mortal bearing The Truth may be right, but it is best to be cautious and skeptical Too bad you never knew the Grand Street “coffee saloon”; it was quite an institution before World War I. The coffee served was mostly milk—or it might be tea with lemon, [...]
1Sep1955 | Frank Chodorov | 0 comments | ContinuedThe Issue Of Our Time
Mr. Palmer is Judge of the Superior Court of the State of California, in and for the County of Los Angeles. This is a condensed version of the longer essay which appeared in the American Bar Association Journal, November and December, 1954. A world-wide war of ideas is being fought today between two types of [...]
1Sep1955 | William J. Palmer | 0 comments | ContinuedInequality of Wealth and Incomes
Where there is a lower degree of inequality in wealth, there is also a lower average standard of living The Market Economy—capitalism—is based on private ownership of the material means of production and private entrepreneurship. The consumers by their buying or abstention from buying ultimately determine what should be produced and in what quantity and [...]
1May1955 | Ludwig von Mises | 0 comments | Continued-
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