Capitalism’s Paradox
Why prosperity breeds guilt, how status incentives reward critique, and what happens when function is replaced by moral performance.
Sarah Wooten
· 5 min read
economics
A collection of 62 posts
How Not to Develop a Country
The idea that we should redistribute wealth by fiat from prosperous to low-income and stagnating countries remains popular even though it is profoundly misguided.
Deepak Srinivasan, Rohit Shinde
· 14 min read
Fixing Central Bank Politicisation
Trump’s assault on the Federal Reserve demands a structural solution: rules-based monetary policy that protects central bank independence whilst delivering better economic results.
Jai Kedia
· 8 min read
The Warmth of Collectivism
Zohran Mamdani wants to institute “collectivist” governance, but NYC already has a collectivist problem—a coordinated veto system that blocks development and progress.
John Aziz
· 6 min read
The Ingratitude of the Well-Fed
We need to cultivate an appreciation for the abundance that modernity has bestowed instead of taking it for granted.
Maarten Boudry
· 13 min read
The Sticky-Paper State
Instead of building nuclear, the Australian government is betting on the importance of ‘green energy’ with a foolhardy subsidy scheme that will be difficult to dismantle if it proves economically disastrous.
Matthew Kelly
· 10 min read
The Next Generation of Wokeness
Wokeness has not retreated—it has simply shapeshifted.
Claire Lehmann
· 10 min read
The Rare Earth Wars
New mining frontiers are opening up in Greenland, Brazil, Tanzania, and Australia. In no time at all, historically speaking, Beijing’s advantage will disappear. That is a relief, but it is also a concern.
Aaron Sarin
· 7 min read
The Liberation Tariffs: Worse Than an Oil Embargo?
This won’t be Great Depression 2.0. But this trade war will cost America and the world many innovations and great prosperity.
Garett Jones
· 6 min read
Fixing Our Housing Crisis
How a house pricing guarantee could encourage homeowners to accept higher-density neighbourhoods.
Tim Blomfield
· 7 min read
The Changing Politics of Oligarchy
Liberal democracies need to restore a climate of entrepreneurial opportunity and competition.
Joel Kotkin
· 10 min read
In Defence of Neoliberalism
The neoliberal turn was a pragmatic response to failed economic intervention and yielded broadly positive results.
Austin O'Connell
· 5 min read
Marxism: The Idea That Refuses to Die
Its ability to churn out plausible sounding explanations for historical and social phenomena is part of Marxism’s core appeal. But its grand theoretical framework simply does not hold up.
Tibor Rutar
· 13 min read
The Nonsense of the “Tariff Men”
President Trump’s protectionist policies are erratic, ill-defined, and incoherent.
Phillip W. Magness
· 15 min read
Sin and Social Science
Glenn Loury’s startlingly frank confessional memoir offers a complex portrait of a brilliant scholar and a profoundly flawed man.
John Lloyd
· 14 min read