Paul Krugman demonstrates a laughable misunderstanding of economics in his blog post “Having It and Flaunting It” yesterday. He mistakenly claims ... [Read More]
Social Security Significantly Impacts Distribution of Wealth
In a post about a survey released this month showing Americans are much less concerned about income inequality than Europeans, despite similar ... [Read More]
Americans Much Less Concerned about Inequality than Europeans
A survey released this month by the Cologne Institute for Economic Research finds Americans are much less concerned about income inequality than ... [Read More]
America Spends 25 Percent More per Capita on Social Welfare than Any Other Country
Despite popular misconceptions, Organisation for Economic Cooperation and Development (OECD) data confirms America spends more on social welfare than ... [Read More]
New IMF Study Casts Doubts on the Value of Increased Infrastructure Spending
A study published recently by the International Monetary Fund, "Public Investment as an Engine of Growth," examines the impact of accelerated ... [Read More]
Financial Times raises concerns about integrity of Piketty’s data but effects likely inconsequential
First, liberal economists damned Thomas Piketty’s book, Capital in the Twenty-First Century, with a stream of faint praise by applauding the quality ... [Read More]
The Economist reports on the failure of European innovation
The Economist reports: “Venture capital in Europe has delivered returns of just 2.1% a year since 1990, according to Thomson Reuters, making it ... [Read More]
