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November 25, 2019

Wealth inequality is a First World problem

As the West has become progressively more interventionist, concern with “income inequality” has been eclipsed by “wealth inequality.” However, that focus betrays a certain blindness to a vital economic reality. Measures of equality and inequality tell us nothing about what really matters: a society’s prosperity or poverty. Continue Reading...
November 25, 2019

Hong Kong demands freedom in landslide election

The citizens of Hong Kong expanded their democratic revolution to the ballot box on Sunday, as pro-democracy parties won control of virtually every local government from pro-Beijing functionaries. Yesterday’s district council elections – the largest in history, with an estimated 71 percent of all registered voters (or 2.94 million of 4.13 million) participating – proved voters’ overwhelming support for the traditional rights enjoyed by the former British protectorate. Continue Reading...