Assessing Piketty’s “Capital in the Twenty-First Century”
by Dr. Mark W. Hendrickson
His mistakes are fundamental and pervasive.
Earth Hour: dumbest idea ever?
Our standard of living depends on the production of wealth.
The narrative that has been played out since the election of Jorge Bergoglio is one of a Pope ready to overturn all the doctrines of the Church , ordain women priests, change the teaching on marriage and homosexuality, and generally turn the Catholic Church into a minor caucus within the Democratic Party. This narrative was […]
If we fail to preserve the institutions of the republic, the American dream will be in grave danger.
Thanks to a renewed interest in the works of Ayn Rand and high-profile figures like John Stossel, Glenn Beck, and Rand Paul, libertarianism is enjoying a moment in the political sun. And just like America’s two major parties, libertarians can often be blind to faulty logic and flaws within their own ideology. Timothy P. Carney […]
Nineteen eighty-two was not a happy year for freedom. A severe and protracted recession gripped America. Many were beginning to wonder if Ronald Reagan was going to be a one-termer. Unemployment in Britain hit a postwar high. Across the Channel, François Mitterrand was busy nationalizing banks and raising taxes. Daniel Ortega’s Sandinistas were firmly in control in […]
Yesterday, I noted a sure sign that summer is nearly over: There were commercials on TV for ingredients to make school lunches. Already, the folks at Oscar Mayer are offering suggestions for how to make a lunch that kids will find nutritious and delicious, though they don’t offer any advice in the ads on how […]
To say that our public discourse today stands in need of some improvement is undoubtedly an understatement, but perhaps no area of our common life requires more careful consideration than our political speech. All too often we find public discussions of political economy cast in stark terms, such as “socialism” versus “capitalism.” Very often these […]
Ever since capitalism made its appearance in the late Middle Ages and came to dominate both production and politics in the late 18th century, there has been a vigorous debate on just what the nature of capitalism is. Central to these debates has been the question of capitalism’s relationship to the state, and particularly the […]