Economics

February 04, 2021

The GameStop squeeze and the politics of envy

The GameStop squeeze is still alive, if fading. After jumping 1,500% in a matter of weeks, the stock has dropped and stalled, with some retail investors still holding out for another surge. Continue Reading...

February 02, 2021

Economic policy should focus on economic issues

With any new presidential administration comes new policies. That’s part of the electoral calculus made by the American people every four years. Different presidents have different priorities. No one expects otherwise. Continue Reading...

January 28, 2021

Inequality obscures the problem of poverty

We are routinely told that rising inequality is a profoundly pernicious problem – a clear and obvious sign that the rich and well-connected continue to benefit at the expense of the poor. Continue Reading...

January 27, 2021

Paying all employees the same salary caused therapists trauma

A psychotherapy practice’s year-long experiment with paying every employee an equal salary has disproved the central economic thesis of socialism. Calvin Benton co-founded Spill, a British firm that offers psychological counseling via online technology like Zoom. Continue Reading...

December 24, 2020

Christmas replaces Utopia with the kingdom of Heaven

While researching another article, I was taken aback to read a political organization refer to its platform as a “new covenant.” The feeling of unease deepened with each plank of its revolutionary and highly divisive program to remake society de novo (about which, more later). Continue Reading...

December 16, 2020

Religion adds billions to the economy, study finds

As church attendance and religious affiliation continue to decline across the West, many have lamented the spiritual and social side effects, including a weakening of civil society and the fragmentation of community life. Continue Reading...

December 14, 2020

Entrepreneurship boom: COVID-19 is spurring new start-ups

In the early months of the COVID-19 pandemic, more than 22 million Americans lost their jobs, effectively reversing several years of economic growth. This would mark the beginning of a “two-track recovery” that is increasingly divided between those whose livelihoods remained safe and secure and those whose industries or enterprises have been thoroughly upended. Continue Reading...

December 02, 2020

Walter Williams, RIP

The world has lost a voice for logic, liberty, and love of the U.S. Constitution. Economist Walter Williams died overnight at the age of 84. Williams worked his way out of grinding poverty in the Philadelphia housing projects to chair George Mason University’s economics department, author 10 books and more than 150 publications, and become one of the most recognized commentators of the last four decades. Continue Reading...

November 19, 2020

All work is essential: What COVID-19 teaches us about vocation

In the information age, Americans have tended to elevate certain jobs and careers over others, leading to a general resistance to “blue collar” work and an over-glorification of desk jobs, start-ups, and “creative spaces.” Continue Reading...

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