Economics

Extreme Poverty Rates Plummet Under Capitalism

The Rich and the Poor Under Capitalism You might have heard the phrase, “the rich get richer and the poor…

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The Economic Impact of the Black Death

The Black Death was the largest demographic disaster in European history. From its arrival in Italy in late 1347 through…

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The Myth That People Work Harder Under Capitalism

In the not so distant past, people didn’t work hard, but not for the reasons the ahistorical or socialists think.…

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Daniel Hannan: Islam has its own, indigenous, free-market tradition

During their exile in Medina, Mohammed and his followers were hit by a food shortage – a common enough affliction…

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3 Socialism Myths Debunked by Venezuela’s Nightmare

History provides endless examples of vicious despots ruling under various collectivist ideologies. Hitler, Mao, Stalin, Pol Pot, and—today—Kim Jong-un and…

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Forced Equality Has a History of Genocidal Results

In recent history, the largest genocides have resulted from tyrannical centralized governments yearning for utopian equality for all. Between 1975…

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The Southern Slave Economy Was Anti-Capitalistic

he discussion around the political economy of slavery has been one of the central debates in the academic study of…

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4 Simple Habits to Build Wealth Faster

As a young child, did you ever dream of having $1 million in the bank? I used to think that way,…

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The Age of Wealth Accumulation is Over

Roughly four decades ago, America kicked off the developed world’s last major economic paradigm shift — the supply side revolution.…

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4 Common Capitalism Myths Debunked

One of the most disappointing things I face as a college professor is the lack of understanding most students have…

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