by Henry Oliner | Jun 29, 2019 | Economics
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...
by Henry Oliner | Jun 28, 2019 | Business, Economics
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...
by Henry Oliner | Jun 17, 2019 | Politics, Progressivism
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...
by Henry Oliner | Jun 16, 2019 | Politics, Progressivism
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...
by Henry Oliner | Jun 1, 2019 | Politics, Progressivism
A non political professional administrative state was the most lasting legacy of the progressives in the first progressive era, but it was based on two assumptions that proved false and one constitutional issue that the courts are adjusting to. The first assumption...