All Posts Tagged With: "W. Michael Cox"

The Shortcomings of Government Charity

Jude Blanchette is a freelance writer living in China. In their book, Myths of Rich and Poor, W. Michael Cox and Richard Alm observe, “Some part of human nature connects with the apocalyptic. Time and again, the pessimists among us have envisioned the world going straight to hell.” To be sure, “pessimists” apparently run most [...]

1May2007 | Jude Blanchette | 4 comments | Continued

Free Trade: Key to Peace and Prosperity

Contributing editor William Peterson (whpeterson@ aol.com) is an adjunct scholar with the Heritage Foundation. At a time of international tension and a so-so economy, we are fortunate that the Federal Reserve Bank of Dallas has issued its essay (online or in hard copy) “The Fruits of Free Trade.” It comes from the Dallas Fed’s 2002 [...]

1Jan2004 | William H. Peterson | 1 comment | Continued

Economic Mobility Is a Sham?

In “Why Decry the Wealth Gap?” (New York Times, January 24, 2000), W. Michael Cox and Richard Alm say the Federal Reserve Bank’s latest survey of consumer finances showed, in a nutshell, that the rich are getting richer and the poor are getting poorer. Cox and Alm’s response is: So what? High school dropouts average [...]

1Jul2000 | David Schmidtz | 2 comments | Continued

Myths 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 | Continued

Countless Wonders

On a recent drive through an affluent San Francisco neighborhood boasting truly spectacular homes, I did what almost every ordinary person does in such circumstances: I wondered to myself, “What can I do to earn enough money to be able to afford such a home?” My thinking continued: “To earn such wealth requires that I [...]

1Feb1999 | Donald J. Boudreaux | 0 comments | Continued
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