Economics

Question about economic freedom and British history

According to the 2014 Heritage index, the six most economically free nations are Hong Kong, Singapore, Australia, Switzerland, New Zealand, and Canada. Question: Is it a coincidence that five of the six are former British colonies? Follow-up questions: * If not a coincidence, what did the British do in their colonies to enable this legacy […]

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PBS documentary on economic freedom: Gwartney, Hall, Lawson

The documentary airs in January on PBS stations nationwide. Here are the press releases from Joshua Hall’s West Virginia University and Robert Lawson’s Southern Methodist University. Professor Lawson spoke at Rockford University on economic freedom, and Professor Hall spoke here on education reform. Both talks were sponsored by the Center for Ethics and Entrepreneurship.

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Links for “13 arguments for liberal capitalism in 13 minutes”

For my “13 Arguments for Liberal Capitalism in 13 Minutes (more or less)”, here are direct links for each individual argument: 1. Liberal capitalism increases freedom. 2. People work harder in liberal capitalist systems. 3. People work smarter under liberal capitalism. 4. Liberalism increases individuality and creativity. 5. Liberal capitalism increases the average standard of

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“Third Way” Politics and Its Fruits — reprint version

Here’s a print version [pdf] of my post on “’Third Way’ politics and its fruits” from earlier this year. Thanks to Chris Vaughan for his graphics work. The opening: “In 1998, President Bill Clinton announced: ‘We have moved past the sterile debate between those who say Government is the problem and those who say Government

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Clemens on migration, poverty, and domestic wages

I enjoyed this EconTalk podcast with Michael Clemens of the Center for Global Development. Host Russ Roberts talked with Clemens about two of Clemens’s publications on foreign aid and migration.[1] A few interesting extracts with policy implications. Roberts and Clemens start with the big question of how to solve the problem of poverty. One approach

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Comparing Buenos Aires and Chicago — politics and economics

In a recent Kaizen interview, Argentine entrepreneur Enrique Duhau discussed some of the challenges of doing business in a country with a politicized economy. I was reminded of Campante and Glaeser’s comparative study of Buenos Aires and Chicago, two cities that were very similar in the nineteenth century. They were similar in population size, with

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