economic education

Video interview with Professor Nicholas Capaldi

Professor Capaldi lectured recently at Rockford University on the topic of “The Lockean Liberty Narrative versus the Rousseau Equality Narrative, and How These Narratives Explain Everything.” Afterward we discussed his themes — the conflict between the Lockean and Rousseauian narratives, enterprise and civil societies, the nature of the corporation, corporate philanthropy, cronyism, and more. Professor […]

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Argentina, Hong Kong, and the psychology of belief

Over the last 80 years, the world rankings of Hong Kong and Argentina: Resource-poor Hong Kong’s relatively laissez-faire free market has taken it from poverty to riches. Resource-rich Argentina’s experiments in statism have taken it from prosperity to decline and semi-functionality. In this Wall Street Journal/Heritage ranking, Hong Kong is currently first in the world

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