How Many Taylor Swifts Does It Take to Pay the Interest on the National Debt?

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The Nightmare of Living in the Past

Stories can convey, so much better than raw data can, the human effects of the increased living standards that market-driven innovation has provided us, says Steven Horwitz. He notes how the BBC and PBS series 1900 House shows what a nightmare it was to live at the turn of the twentieth century. Continue Reading...

How Religion is Redistributing the World’s Wealth

Dramatic religious shifts over the next few decades will change the distribution of wealth around the globe, according to a new study by the Religious Freedom & Business Foundation. During this period, notes the study, the number of people affiliated with a religion is expected to grow by 2.3 billion, from 5.8 billion in 2010 to 8.1 billion in 2050. Continue Reading...

Why Being Poor is Too Expensive

In the critically acclaimed, though rarely seen, movie Killer of Sheep (1978) there’s a scene that highlights why being poor can be so expensive. The film is about a black family living in the Watts section of Los Angeles in the 1970s. Continue Reading...

As You Sow’s Multi-Faith Scientism

This year is shaping up as an annus horribilus for those opposed to public and private policy climate-change “solutions” that would reverse decades of advancements in wealth creation and the obliteration of poverty. Continue Reading...

Are You Pro-Union or Pro-Minimum Wage?

During CNN’s Democratic debate, presidential candidate, senator from Vermont, and self-proclaimed socialist Bernie Sanders promised that if elected he would work to “raise the [federal] minimum wage to $15 an hour.” Continue Reading...