Poverty and Inequality

Inequality masks a concern for poverty. Then why do we not simply address the problem of poverty? Why do we cloak it with concern for inequality? If five of my associates with similar incomes sat at a table and Bill Gates sat down with us, the inequality at that table...

The Wealth Curse

There are several economic concepts of relatively recent origin that I find fascinating. Regulatory capture is the ability of industries being regulated by the central government to influence those regulations for their own benefit. Similarly, rent seeking is the...

Prosperity and Democracy

As Moynihan said in this chapter’s epigraph, politics can change culture, on which a society’s success depends. But although politics can save culture from itself, it also can damage the culture. It has done so by destigmatizing dependency for the purpose of...

Holding Progressivism Accountable

For the last three years I have focused my reading on the progressive movement, its origins and development. Since the progressives defined their philosophy in contrast to the natural rights and principles of the constitution, this inquiry led me back to the...