The Sovereigns of Cyberspace

From Joel Kotkin at newgeography.com AMERICA’S NEW OLIGARCHS—FWD.US AND SILICON VALLEY’S SHADY 1 PERCENTERS excerpts: Perversely, the small number of jobs—mostly clustered in Silicon Valley—created by tech companies has helped its moguls avoid public scrutiny. Google...

After Tax Income Gains

from 15 Statistics That Destroy Liberal Narratives by John Hawkins in Townhall: It’s also not true, as widely asserted, that the wealthiest Americans (the notorious top 1 percent) have captured all the gains in productivity and living standards of recent...

Untouched by Envy

Don Boudreaux reviews Edmund Phelps’s “Mass Flourishing” at Cafe Hayek Excerpts: Piketty tells of a one-dimensional, dreary, and mechanical world in which wealth grows independently of human volition and where each person is fixated on the amount of money in other...

Doubling Down on Failure

From the Wall Street Journal, The President of Inequality- Policies promoting equality over growth have damaged both. excerpts: All of this is especially notable because it follows the most sustained policy focus on reducing inequality in decades. President...