Is Econ 101 Conservative Propaganda?

Is the teaching of basic microeconomics — opportunity cost, supply and demand curves, incentives, etc. — a form of conservative propaganda? Most people, including almost all economists whether liberal or conservatives, would obviously say “no.” Continue Reading...

Freedom Drove a Car: How Cars Helped Fight Racial Segregation

If you want to improve the material conditions of the poor and working classes, what is the one economic metric you should consider most important? For progressives the answer is income inequality, since a wide disparity between the incomes of the rich and poor is considered by them to be an obvious sign of injustice and a justification for using the force of the government to redistribute wealth. Continue Reading...

MLK, Jim Crow, and the Rule of Law

The legacy of Dr. Martin Luther King, Jr., like most mortals, evokes a certain ambivalence regarding what should be celebrated and what should be rightly critiqued. There are certainly parts of his life and thinking that warrant correction, rebuke, and challenge, but this will be true of all us if we live long enough. Continue Reading...

The Seen and Unseen Effects of the Minimum Wage

Given the recent and wide-ranging discussion here on the PowerBlog surrounding the the minimum wage (Hunter Baker, Joe Carter, Jordan Ballor, Elise Hilton, yours truly), this short little video offers a nice overview of the seen and unseen effects of such an instrument. Continue Reading...