David Ricardo on Wealth, Inflation, and Freedom (Economic Ideas)
David Ricardo (1772-1823) was one of the most influential economic theorists of the first half of the nineteenth century.
Flourishing Business Needs Free Markets
iPhones would never have been created in a centrally planned economy where the government regulates the prices, from CEO pay to those of products.
Thomas Malthus on Population, Passions, Property and Politics (Economic Ideas)
This escape from poverty originated in Western Europe in the eighteenth and nineteenth centuries with the coming of the Industrial Revolution and the freeing of men and markets from the heavy-handed regulations and commercial restrictions of government.
The Legacy of Mao Zedong is Mass Murder
According to the authoritative “Black Book of Communism,” an estimated 65 million Chinese died as a result of Mao’s repeated, merciless attempts to create a new “socialist” China.
Progress: Ten Reasons to Look Forward to the Future
While often criticizing government for curtailing our freedom instead of protecting it and businesspeople (or others) for failing to act ethically, I want to focus on the positive in my last post of the year.
Farewell By Dr. Thomas Sowell
Even the best things come to an end. After enjoying a quarter of a century of writing this column for Creators Syndicate, I have decided to stop. Age 86 is well past the usual retirement age, so the question is not why I am quitting, but why I kept at it so long.
Random Thoughts, Looking Back By Dr. Thomas Sowell
Any honest man, looking back on a very long life, must admit — even if only to himself — being a relic of a bygone era. Having lived long enough to have seen both “the greatest generation” that fought World War II and the gratingest generation that we see all around us today, makes being a relic of the past more of a boast than an admission.
The Fatal Fallacy of Gun Control
The fatal fallacy of gun control laws in general is the assumption that such laws actually control guns. Criminals who disobey other laws are not likely to be stopped by gun control laws. What such laws actually do is increase the number of disarmed and defenseless victims.
Has the Fed been Holding Down Interest Rates?
Free banking money guru George Selgin opines.
