Do immigrants import their economic (and political) destiny? And is there any correlation between a past (in some nation) that is anti-market, undemocratic, untrusting and the present state of the nations to which they have migrated in sufficient numbers? That first sentence is the title of an article in Evonomics: The Next Evolution of Economics, […]
Archives
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The Great Enrichment and Inequality
12 Aug 2016
I have been reading the third in a trilogy of books by Deidre McCloskey on economic history and economic thought, but each one having a powerful point of application for our economy and our well-being today. The trilogy is massive, running to about 2,000 pages in three volumes. This third volume is Bourgeois Equality (University […]
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I have so far avoided taking any position on the two main candidates for president. For my colleague Mark Smith, don’t worry, I will. I intend to continue the path of avoidance in this blog. Today I would like to examine and evaluate each candidate’s economic program. I say nothing about their personal morality, or […]
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Dem’s have annointed their choice for our elite ruler, Republicans have theirs. Which elite do you want?
27 Jul 2016
It’s a frustrating choice to be sure, but let’s take a few minutes to think about what Mr. Trump and Mrs. Clinton have in common. At root, they and their supporters think they have the right to direct our lives in very important ways. They differ, of course, in the specifics of how they want […]
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Globalism versus Globalization
22 Jul 2016
President Obama has shown his true colors again. In a speech to a group of ambassadors gathered at the White House (July 15) he said this: “I think we have to step back [from the Nice attack] and reflect on what we are doing to eliminate this kind of chronic violence. It’s been a difficult several weeks […]
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I hate to beat a dead horse, but the issue of trade keeps coming up in the news, whether from Donald Trump and the Trumpists or from Paul Ryan or from Hillary Clinton and Barack Obama, all claiming to have the right position on trade and the place of the United States in the global […]
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Goodbye EU
24 Jun 2016
Since the vote to leave the European Union is done, and Great Britain is out, I suppose I will give my opinion about it. This undoubtedly will not be shared by all. First, let me say—again—that I strongly favor free trade among nations. Having said that, the EU is very much more than an economic […]
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It seems this blog overlaps one just published by my colleague Jeff Haymond. But I will publish mine anyway, since it nicely supplements his. Donald Trump has been saying quite a bit recently about the disappearance of (especially) manufacturing jobs in the South as well as the “Rust Belt,” blaming those lost jobs on the […]
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Mr. Trump: Economic Leadership MIA
15 Mar 2016
Today we find ourselves watching and wondering, after eight years of what I consider failed leadership, will we get an improvement? There are so many huge issues our country faces, and they have been exacerbated by our current Divider-In-Chief. Pitting one group of Americans against others, while lamenting partisanship, has been a hallmark of Mr. […]
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So today’s shocker on Drudge and CNBC is that Mr. Trump says he’ll force Apple to produce in the U.S. Republican presidential candidate Donald Trump warned that he would force Apple, the U.S.’s most profitable company, to manufacture all of its products in the U.S. if he is elected president in November 2016. Technology blog […]