Tags Economic philosophy

Tag: economic philosophy

The Paradox of Prosperity

BY MARK W. HENDRICKSON In Friedrich Hayek’s 1954 book Capitalism and the Historians, the late French philosopher and political economist Bertrand de Jouvenel noted a baffling...

The COVID-19 Reallocation Shock

RYAN BOURNE, CATO INSTITUTE Much of the pandemic economic policy response around the world seemed designed to freeze the economy of March 2020. Existing employment...

Economics in Rhyme: the Illuminating Poetry of Willford I. King

BY LAWRENCE W. REED Willford I. King believed broadly in private property, free enterprise, and limited government.   "The Minimum Wage" To make a horse drink It is foolish...

Do People Really Distrust Capitalism?

BY MARK W. HENDRICKSON During the past few years, there have been multiple reports of surveys and polls indicating that people are down on capitalism and may...

AOC’s Anti-Billionaire Animus Is a Threat to Us All

BY MARK W. HENDRICKSON Last , in a Martin Luther King Day public interview, writer Ta-Nehisi Coates asked democratic socialist Rep. Alexandria Ocasio-Cortez (D-N.Y.) why he was...

Capital Gains Tax Hike Would Be a Mistake

CHRIS EDWARDS, CATO INSTITUTE Democrats running for the White House are pushing all kinds of tax increases. One bad idea supported by all the leading...

Margaret Thatcher on Socialism: 20 of Her Best Quotes

In 1979, the Iron Lady assumed the premiership of a country riven with labor strife, racked by stagflation and run down by decades of...

AOC’s Ramblings Against Billionaires

BY MARK W. HENDRICKSON, THE INSTITUTE FOR FAITH & FREEDOM “No one ever makes a billion dollars. You take a billion dollars.” That was the punchline of democratic socialist Rep....

Cato’s Letters: 300 Years

CHRIS EDWARDS, CATO INSTITUTE I grabbed a book off my shelf the other day that I had not read in years. The English Libertarian Heritage is a sampling of essays...

Thoughts About Time Will Shape Our Future

BY MARK W. HENDRICKSON Time is one of the most fascinating and impactful aspects of our human experience. Calendars and clocks can be little dictators....

What’s Wrong with a Tax on Billionaires?

BY MARK W. HENDRICKSON Among the many radical economic plans offered by various Democratic presidential candidates, Senators Bernie Sanders and Elizabeth Warren have proposed an...

My Response to Time Magazine’s Cover Story on Capitalism

The case for true capitalism is a moral one that’s rooted in human nature and human rights. BY LAWRENCE W. REED The inventor of the now-famous...

ITEP Study on Corporate Taxes

CHRIS EDWARDS, CATO INSTITUTE The liberal tax group ITEP has a new study suggesting that many large corporations did not pay income taxes in 2018. The study...

The Golden Rule Is as Golden as Ever

BY LAWRENCE W. REED For three hours, the famous “standoff at the schoolhouse door” riveted the country’s attention. Alabama Governor George Wallace physically blocked the...

The Persistence of Poverty: Another Perspective

BY MARK W. HENDRICKSON Poverty in the sense of acute deprivation is largely nonexistent in the United States in the 21st century In a previous column, I...

Iraq’s Economic Crisis is Self-Inflicted

BY LAWRENCE W. REED Iraq is in the news again and sadly, it’s not good. More than 100 Iraqis were killed in violent protests during the...

The Persistence of Poverty

BY MARK W. HENDRICKSON Poverty is one of the oldest problems in the world. For much of history, it was intractable and grimly inevitable. Today,...

Addressing Root Cause of Illegal Immigration

BY MARK W. HENDRICKSON Regardless of how you feel about immigrants entering our country across the southern border at the Rio Grande River—whether you wish...

Baltimore: Is it Taxes?

CHRIS EDWARDS, CATO INSTITUTE Baltimore is in the news for its poor economic situation and lack of opportunity for many of its residents. The problem...

Apollo 11: A Rare Federal Success

CHRIS EDWARDS, CATO INSTITUTE NASA’s Apollo 11 blasted off 50 years ago today sending astronauts to land on the moon and return safely to earth....

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The Paradox of Prosperity

BY MARK W. HENDRICKSON In Friedrich Hayek’s 1954 book Capitalism and the Historians, the late French philosopher and political economist Bertrand de Jouvenel noted a baffling...

Property Taxes on the Ballot

CHRIS EDWARDS, CATO INSTITUTE The most famous ballot question on fiscal policy is California’s Proposition 13 passed in 1978. Voters passed the constitutional change to...

Long-Standing Precedents Point The Way For Senate Judiciary Committee To Restrain Twitter

BY BOB BARR Congress rarely deserves praise for acting swiftly to exercise its oversight responsibility, but the quick response by the Senate Judiciary Committee to...

What good might come from this evil epidemic?

THOMAS JEFFERSON LEADERSHIP I … congratulate you on the healthiness of your city . still Baltimore, Norfolk & Providence admonish us that we are not...