All Posts Tagged With: "standard of living"
Economics on Trial
In today’s robust global economy, the wheat represents genuine prosperity—the new products, technologies, and productivity generated by capitalists and entrepreneurs. It represents real economic growth and when harvested, reflects a true higher standard of living for everyone. Under such conditions, stock prices are likely to rise.
1Sep2000 | Mark Skousen | 0 comments | ContinuedEconomics for the 21st Century
“Nature has set no limit to the realization of our hopes.” —Marquis de Condorcet Recently I came across the extraordinary writings of the Marquis de Condorcet (1743-94), a mathematician with an amazing gift of prophecy in l’age des lumières. Robert Malthus (1766-1834) ridiculed Condorcet’s optimism in his famous Essay on Population (1798). Today Malthus is [...]
1Jan2000 | Mark Skousen | 0 comments | ContinuedMyths of Rich and Poor: Why We’re Better Off Than We Think by W. Michael Cox and Richard Alm
Basic Books • 1999 • 256 pages + xvi • $25.00 I vividly recall a 1972 visit to the Sears store in our local mall. I was 14 years old and had never before seen an electronic calculator. But there at Sears, for the first time in my life, was this wonder to behold! Three [...]
1Jan2000 | Donald J. Boudreaux | 0 comments | ContinuedEverything Is Cheap and Getting Cheaper
“Capitalism is about turning luxuries into necessities.” —Andrew Carnegie[1] We all labor under the notion that the cost of living is high and rising every year. Yet, believe it or not, economic life is relatively inexpensive, and getting cheaper all the time. This truth was reinforced recently when my friend and colleague Roger Clites told [...]
1Dec1998 | Mark Skousen | 1 comment | 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 | ContinuedSocial Justice
The pursuit of social justice probably accounts for most human misery. What’s more, throughout history, one form of injustice has usually been replaced by another that is far worse. Russia’s 1917 revolution expelling the Czars and their injustices ushered in Lenin, Stalin, and a succession of brutal dictators who murdered tens of millions in the name of the proletarian revolution.
1Jul1998 | Walter E. Williams | 0 comments | ContinuedThe Ultimate Resource 2 by Julian Simon
Princeton University Press • 1996 • 734 pages • $35.00 E. C. Pasour is professor of agricultural and resource economics at North Carolina State University, Raleigh. In this powerful and unrestrained challenge to environmental doomsayers, Julian Simon has updated and further substantiated the conclusions of his 1981 book The Ultimate Resource. The standard of living [...]
1Apr1998 | E.C. Pasour Jr. | 0 comments | ContinuedThe Free Market: Lifting All Boats
Professor Mathews teaches economics at Coastal Georgia Community College. In the free market, the rich get richer while the poor get poorer. America’s market economy might create wealth for some, but it certainly doesn’t benefit the poor. How often we read or hear such statements. What they assert is familiar. But is it true? Does [...]
1Apr1997 | Don Mathews | 1 comment | ContinuedFacts about The Industrial Revolution
Dr. Mises is Visiting Professor of Economics at New York University. An examination of the so-called horrors of the “Industrial Revolution” and the persistent myth that industrial progress is a plot against employees. Socialist and interventionist authors assert that the history of modern industrialism and especially the history of the British “Industrial Revolution” provide an [...]
1Feb1956 | Ludwig von Mises | 4 comments | Continued-
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