Blog
February 25, 2022
Market failures are not simply outcomes you do not like. They are institutional inefficiencies such as externalities (where a proportion of the cost or benefit of an activity is incurred by someone other than the person engaged in it).
February 23, 2022
Oxfam is back to their old tricks, making pseudoscientific claims about inequality. It is once again hating on the rich while backing policies that will do nothing to alleviate the suffering of the world’s poor.
January 27, 2022
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.
January 20, 2022
The energy-price crisis is an economic problem. It is not a moral problem. It is a matter of bringing supply and demand for various products into alignment.
January 13, 2022
Olaf Scholz, the new German Chancellor, visited French President Emmanuel Macron on 14 December to discuss questions regarding the EU.
January 7, 2022
Generations of students of international relations (IR) at British universities have learned that liberals detest war and actively seek possibilities to eradicate conflict out of world politics.
December 16, 2021
The Chinese real estate giant Evergrande has been a popular topic of conversation in recent weeks. It is not only the company’s liabilities of more than 300 billion dollars that make this case relevant, but also its weight in the Chinese real estate sector, which already accounts for 30% of China’s GDP.
December 7, 2021
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.
November 22, 2021
Agenda setting is both important and difficult. Politics tends to veer towards topical issues which are not always the most relevant.