All Posts Tagged With: "prosperity"

Taxation Is the Lifeblood of the State

The cliffhanger debate over whether or not to raise the federal government’s debt ceiling threw U.S. fiscal policy into brighter relief than it has been in recent memory. Suddenly people were calling for significant cuts in government spending in the face of a rapidly growing national debt. As often happens, calls for cuts in government [...]

26Oct2011 | Arthur E. Foulkes | 4 comments | Continued

“Find Out What the People Want”: The Russell Conwell Story

“There is not a poor person in the United States who was not made poor by his own shortcomings. . . .” Those words come, interestingly enough, from what is almost certainly the most successful charitable fundraising speech ever delivered. It was given over 6,000 times, provided almost 1,700 young people with the opportunity to [...]

26Oct2011 | Harold B. Jones Jr. | 0 comments | Continued

The Science of Liberty: Democracy, Reason, and the Laws of Nature

Timothy Ferris is a prolific bestselling author of 12 books on cosmology, a fellow of the American Association for the Advancement of Science, and the recipient of several awards for popular science writing. The Science of Liberty is a welcome treatment of a subject often and regrettably neglected by intellectual historians in the social sciences. [...]

21Sep2011 | William N. Butos | 2 comments | Continued

Drug Decriminalization Has Failed?

Michael Gerson, former speechwriter for President George W. Bush and now a columnist for the Washington Post, has denounced libertarianism as “morally empty,” “anti-government,” “a scandal,” “an idealism that strangles mercy,” guilty of “selfishness,” “rigid ideology,” and “rigorous ideological coldness.” (He’s starting to repeat himself.) In his May 9 column, “Ron Paul’s Land of Second-Rate [...]

24Aug2011 | David Boaz | 7 comments | Continued

How an Economy Grows and Why It Crashes

Ignorance of economics is rampant. The average person believes the secret to prosperity is consumption and was often led to that fallacy by professional economists who should know better. Economic education in the universities has been as much a part of the problem as the solution, with millions of students taught Keynesian beliefs about government [...]

22Jun2011 | Robert Batemarco | 4 comments | Continued

Poverty Is Easy to Explain

Academics, politicians, clerics, and others always seem perplexed by the question: Why is there poverty? Answers usually range from exploitation and greed to slavery, colonialism, and other forms of immoral behavior. Poverty is seen as something to be explained with complicated analysis, conspiracy doctrines, and incantations. This vision of poverty is part of the problem [...]

21Apr2011 | Walter E. Williams | 27 comments | Continued

Why Do the Poor Stay Poor?

Of the six billion people on earth, two billion try to survive on a few dollars a day. They don’t build businesses—or if they do, they don’t expand them. Unlike people in the United States, Europe, and Asian countries like Japan, South Korea, Hong Kong, etc., they don’t lift themselves out of poverty. Why not? [...]

24Feb2011 | John Stossel | 9 comments | Continued

The Power of Freedom

WARNING: After reading this column, many of you will want to send me emails condemning me for my apostasy or telling me why I am mistaken. I welcome your feedback as I beg your indulgence. So, here goes: I don’t believe that the welfare state, or the regulatory state, inevitably leads to widespread poverty or [...]

22Oct2010 | Donald J. Boudreaux | 29 comments | Continued

The Universal Hunger for Liberty: Why the Clash of Civilizations Is Not Inevitable

The free society is a frail and demanding institutional order. It requires that men resist the temptation to violate the freedom of others who may act and speak in disagreeable or fundamentally wrong ways. It is far easier to advocate or use force to prevent them from doing so. To get others through noncoercive means [...]

8Jul2010 | Richard M. Ebeling | 1 comment | Continued

Wealth and Commonwealth: Why America Should Tax Accumulated Fortunes

When the father of the world’s richest individual and the cofounder of an outfit called United for a Fair Economy get together to write a defense of the estate tax, the result is one of the worst books ever written in American history about a public-policy issue. Although Gates and Collins have written a tract [...]

8Jul2010 | Murray Sabrin | 0 comments | Continued

Give Me a Break: How I Exposed Hucksters, Cheats, and Scam Artists and Became the Scourge of the Liberal Media . . .

In the eighteenth century, Adam Smith explained the three forces at work against the establishment and maintenance of economic freedom. In his first book, The Theory of Moral Sentiments, Smith warned of the arrogance and danger of what he called “the man of system,” or the social engineer, who presumes to redesign man and society [...]

6Jul2010 | Richard M. Ebeling | 0 comments | Continued

The Case for Big Government

Could it be that our already immense government is still too small? That’s what some people, including economic journalist Jeff Madrick, would have us believe. The first sentence of The Case for Big Government reads, “It is conventional wisdom in America today that high levels of taxes and government spending diminish America’s prosperity.” While this [...]

20May2010 | Robert Batemarco | 1 comment | Continued

New Hope for Africa’s Most Populous Nation

When riots surrounding the Miss World beauty pageant in Nigeria claimed more than 200 lives last November, a horrified world thought it was observing religious fanaticism run wild. Widespread reports blamed the bloodshed on an article in a local newspaper, in which the author stated that if the prophet Mohammed were around today he might [...]

19Apr2010 | Lawrence W. Reed | 2 comments | Continued

On the Austrian Theory of the Trade Cycle, Part II

I’m not sure where recent events—the economy’s still-ongoing turmoil—leave my assessment of the Austrian theory. But I am much more inclined now to find in it the empirical oomph that for so many years I thought it lacked.

1Apr2009 | Donald J. Boudreaux | 6 comments | Continued

The Real Revolution and You

Clear thinking and straight answers can help you to win the real revolution which goes on in the minds of men. Who are the real revolutionaries in the world today? Many would say, “The Communists, of course! Their day-and-night, around-the-world effort is the major revolutionary program of our times!” Others would counter, “No! Revolution means [...]

1Mar2006 | Ivan R. Bierly | 1 comment | Continued

Capitalism and Natural Disasters

Six of America’s ten most powerful storms have struck during the past half-century, yet only one of them (Katrina) is among
Americas ten deadliest hurricanes.

1Jan2006 | Donald J. Boudreaux | 0 comments | Continued

The Roots of Poverty in Latin America

Few things stand out in such stark contrast as the economic and social differences between the United States and the countries of Latin America. Since gaining its independence from Great Britain in the late eighteenth century, the United States has offered virtually unlimited opportunity for a growing population, along with a rising standard of living [...]

14Dec2005 | Richard M. Ebeling | 1 comment | Continued
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