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The Elephant in the Room

The global system—which is committed to the free flow of labor, goods, and capital—works well for the leadership class in Europe and North America, as it does for striving workers in China, India, and elsewhere. It doesn’t work so well for the middle class in the West. Thus, in the West, the led no longer share the economic interests of their leaders. Continue Reading »

We Have A Country

It was never about small government. That is the bitter lesson many conservatives have learned, as they have seen Republican-leaning voters opt for a candidate who promises mass deportations and protectionism. That’s the bad news. The good news is that, when conservatives were winning, they were . . . . Continue Reading »

Britain is Coming Apart, Too

Over at the Guardian, Paul Mason writes about the disintegration of Britain's working class. The occasion is the publication of a report on educational achievement, analyzed in terms of the ethnicity of pupils. It turns out that white British kids fall behind during their school years, with . . . . Continue Reading »

​What’s the Value of Utility?

The science of economics has undoubtedly come a long way since the days of Adam Smith, but economic discussions today can often seem downright strange, if not misleading. One case in point is the focus on the concept of utility, as one prominent economic blog recently did—with far-reaching . . . . Continue Reading »

In Carbon and Capitalism We Trust?

At the Crossroads” was ostensibly a conservative gathering in Austin to discuss energy and “so-called global warming” as Senator Ted Cruz put it, but at its core was a celebration of cornucopianism. That progressive philosophy sees an ever improving world flowing from the mind of man and the . . . . Continue Reading »

The Future of Democratic Capitalism

In the eighteenth century, a host of thinkers began to use the compound term “political economy” to refer to the traditional subject matter of politics. Both parts are needed to express the complex social system necessary to human liberty and flourishing. For human liberty and human flourishing . . . . Continue Reading »

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