GDP per capita is eight times higher in liberal countries than in socialist countries.
GDP per capita is eight times higher in liberal countries than in socialist countries. Read More »
GDP per capita is eight times higher in liberal countries than in socialist countries. Read More »
Why True Charity Can Only Blossom under Capitalism Read More »
Merit versus “batatism” Read More »
Official government measures greatly exaggerate income inequality by ignoring taxation and noncash sources of income.
The Myth of Inequality Read More »
As a former attorney general of the United States, I find it crucial to shed light on a recent court ruling in Puerto Rico that demands our attention. The decision made by U.S. District Judge Laura Taylor Swain in the bankruptcy proceedings of the Puerto Rico Electric Power Authority (PREPA) has profound implications, particularly for the fairness and efficiency of capital markets, as well as the access of state and local governments to municipal bonds.
If Puerto Rico bankruptcy ruling stands, it could devastate municipal borrowing. Read More »
The fundamental reality is that more money does not create any new goods or services in the economy. Money is not wealth. Wealth is productive capacity; the ability to create actual goods and services.
A Permanent Wartime Economy Read More »
Those who, in my opinion, will be the most important influencers of the next General Elections in Puerto Rico are already presenting themselves in society: the super PAC's, particularly the one created by the country's industrialists called "Democracy is Prosperity".
The super influencers of 2024 Read More »
When even the smallest details regarding a property fall under the purview of government, the inevitable result is a society of busybodies.
New Hampshire Bakery Ordered to Remove Mural Because It Depicts Pastries Read More »
On June 30, 2020, Thomas Sowell turns 90. He is one of the most important economic and social thinkers of the last 50 years. I say that, recognizing that his career overlapped such luminaries as Friedrich Hayek and Milton Friedman. Sowell also has been one of the most prolific social‐science writers of his era, as evidenced by the fact that his birthday also marks the publication of his latest book: Charter Schools and Their Enemies.
Thomas Sowell at 90 Read More »
Big government is a far heavier burden to those who start out without privileges and advantages. No one has seen entrepreneurship help minorities improve their economic circumstances more than I have—and that’s not only because I’m 93. I saw the power of entrepreneurship firsthand after co-founding the Home Depot.
Entrepreneurship Is The Source of Economic Liberty for Minorities Read More »