Obamacare and the Laffer Curve Napkin

During a meeting in a restaurant with two officials from the Ford Administration — Dick Cheney and Donald Rumsfeld — a young economist sketched a curve on a napkin to illustrate an argument he was making. Continue Reading...

The Mirage of Disability

Annette Gabbedy is a business owner and expert designer and goldsmith. She was also born without fingers, a disposition many might consider a “disability,” particularly in her line of work. Yet, as you’ll see in the following video, having created and traded her wares for 23 years, Gabbedy sees no reason for this to inhibit her creativity and contribution to society. Continue Reading...

Raise Your Own Minimum Wage

Over the past few months I’ve become obsessed with the idea that economic principles and arguments need to be explained more intuitively. I’ve assumed that the best way to approach that task would be to create robust metaphors that can be intuitively grasped. Continue Reading...

Transformation Starts with Culture

“We need transformation, relief, and opportunity…in that order,” says AEI’s Arthur Brooks in a new video on conservatism and poverty alleviation. “Transformation starts with culture. Transformation is faith, family, community, and work…That’s the beginning of getting people into the process of rising.” Continue Reading...