The Enclosure Movement and the Agricultural and Industrial Revolutions
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.
While historians paint the enclosure movement in negative terms, it actually played an important role in developing agricultural entrepreneurship.
Mainstream economists say everyone should pay the same price for the same good. But that doesn't totally make sense.
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.
Not long ago, Germany's politicians were proudly phasing out nuclear power. Facing a harsh winter without Russian natural gas, the atom suddenly seems like a good alternative.
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
Entrepreneurship is the key to real development, but cultural attitudes are often a significant barrier to entrepreneurship in the developing world.
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Global elites have a "wonderful" plan for the rest of us, even if they don't intend to live within its strictures.