Acton Institute Powerblog Archives

Post Tagged 'knowledge problem'

The Fallacy of Fairness: Sowell’s Critique of Modern Social Justice

Officially retired and well into his 90s, Thomas Sowell shows no signs of intending to stop helping the world understand social questions at the intersection of politics and economics. The keys to comprehending the entirety of Thomas Sowell’s writings lie in three pivotal texts: Say’s Law, A Conflict of Visions, and Knowledge and Decisions. Continue Reading...

An economist’s Christmas: Is gift-giving wasteful?

During a season such as Christmas, where hyper-consumerism and hyper-generosity converge in strange and mysterious ways, it’s a question worth asking: How much of our gift-giving is inefficient and wasteful? For some, it’s a buzz-kill question worthy of Ebenezer Scrooge. Continue Reading...
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