If I make a profit off something I sold, how is it that the person I sold the item to is also better off? Shouldn’t one of us...
Economists at the Brookings Institute bring the happy news that the United Nations’ goal to reduce the number of people in extreme poverty by fifty percent by 2015...
Then God said, “Let us make mankind in our image, in our likeness, so that they may rule over the fish in the sea and the birds in...
We have all seen the various stereotypes of the Wall Street tycoon grinding the little guy under his thousand-dollar dress shoes on his way to the top. In...
Many years ago I heard a quote attributed to Thomas Edison: If we did all the things we are capable of, we would literally astound ourselves. I have...
As I mentioned in a previous post, income inequality per se is not a harbinger of poverty. But why? Economist David Henderson explains it this way: How does...
I am a fully grown man and I’m not ashamed to admit I went to see The Lego Movie with two other fully independent adults. And we had...
What comes to your mind when you think of economics? Do you think of charts, graphs, and mathematical models, or general principles of human behavior? Can our understanding...
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Envy on the Upswing in America
Is envy is on the upswing in America? Echoing what Mike Rowe said recently about wealth envy, American Enterprise Institute President Arthur Brooks pushes further to say wealth...