economic theory

January 27, 2022

Will the 2020s Be a Good Decade for Classical Liberals?

It is unlikely that most people will be rampant classical liberals by 2030. Still, for the remainder of the decade, the forces that classical liberals believe in, namely, the ability of markets to innovate, provide wealth, and improve living standards, will continue at a staggering pace.
December 7, 2021

The Decline in Poverty and the Increase in the Number of Billionaires Go Hand in Hand

The Index of Economic Freedom, which is compiled every year by the Heritage Foundation, shows that the most capitalist countries have an average per capita GDP of $71,576. That compares with $47,706 for the world’s “predominantly free” countries.