Video: Robert Doar on poverty in America

In July of this year, Robert Doar officially took the reins as President of the American Enterprise Institute, succeeding friend of Acton Arthur C. Brooks in that role. Yesterday, we were pleased to welcome Doar to deliver an address on poverty in America as part of the 2019 Acton Lecture Series. Continue Reading...

Angela Dills on Uber and the social good

In recent years, Uber and other ride-sharing services have caused a lot of turmoil in urban transportation markets that have long been dominated by traditional taxi companies. And with the arrival of a disruptive force in a market, many questions arise: who benefits from the disruptions caused by new technologies? Continue Reading...

Pandering: The politician’s pastime

  What if someone told you “politicians sacrifice long-term economic performance for individual, political gain”? Many people would yawn (or sigh) and say this is obvious, or perhaps they would say it’s obvious with respect to the politicians in that other political party (the one that opposes their own). Continue Reading...

‘Witchcraft is the tool of the oppressed class’

On Monday, a left-wing website decided to give socialists a new tool to use in their war against the free market: witchcraft, spells, and hexes. The Real News Network – which bills itself as a source of “verifiable, fact-based journalism” that presents “effective solutions and models for change” – ran as its lead story “Witchcraft, Anarchy and the Rise of LeftTube.” The Baltimore-based Real News operation regularly interviews thoughtful, if extreme, leftists. Continue Reading...

What would life be like without capitalism?

The Fund for American Studies has a superb It’s a Wonderful Life-style video about life without capitalism. The video not only shows what life would be like if we banned free enterprise (i.e., a lot like Soviet Russia) but also makes the point that when you lose economic freedom you lose other freedoms too. Continue Reading...

The magic of the washing machine

What was the greatest invention of the industrial revolution? The late great Hans Rosling makes the case for the washing machine. Rosling explains how the productivity gains of the washing machine (and similar labor-saving devices) lead to increases in education and economic growth in the developing world. Continue Reading...