Tag: Capitalism

Should Uncle Sam Chase a Scandinavian Model?

Jul 30, 2013

—

by

mwkruse

in Capitalism and Markets, Economic Development, Economics, Public Policy, Socialism

New Geography: Should Uncle Sam Chase a Scandinavian Model? When American progressives dream their future vision of America, no place entices them more than the sparsely populated countries of Scandinavia. After all, here are countries that remain strongly democratic and successfully capitalist, yet appear to have done so despite enormously pervasive welfare systems. … ……
Saturday Links

Jul 27, 2013

—

by

mwkruse

in Africa, Business, Capitalism and Markets, China, Crime, Culture, Economic Development, Economics, Environment, Links – Saturday, Politics, Public Policy, Race, Religion, Social Media, Sociology, South America, Technology, Technology (Digital, Telecom, & Internet)

1. Mark Buchanan asks Is Economics a Science or a Religion? 2. Poverty has moved to the suburbs I don't think this should be seen as necessarily a bad thing. A few decades ago, the idea was to "warehouse" the poor in large urban complexes. There has been an intentional effort at dispersal through various…
Saturday Links

Jul 20, 2013

—

by

mwkruse

in Africa, Business, Capitalism and Markets, Crime, Demography, Economic Development, Education, History, Kansas City, Links – Saturday, Microenterprise, Politics, Public Policy, Race, Religion, Social Media, Sociology, Technology (Digital, Telecom, & Internet), Technology (Energy), Trends: Economic, Trends: Social

1. Public Religion Research Institute: Survey | Do Americans Believe Capitalism and Government are Working?: Religious Left, Religious Right and the Future of the Economic Debate 2. Gallup reports Sub-Saharan Africa Is Wildly Optimistic About Its Future 3. U.S. could lead world oil production by 2017, study says Domestic shale oil production could shoot up…
How Free Trade Might Be the World’s Best Option

Jun 20, 2013

—

by

mwkruse

in Capitalism and Markets, Economic Development, Trends: Economic

Huffington Post: How Free Trade Might Be the World's Best Option – Bjorn Lomborg … The classic argument for free trade points out that specialization and exchange benefits everyone, because goods are produced by the countries that specialize in those goods and produce them most efficiently. The standard World Bank models show that realistic free…
Need for Historical Perspective on Poverty

Jun 4, 2013

—

by

mwkruse

in Capitalism and Markets, Economics, Great Divergence, History, Human Progress

One of my favorite niche economics blogs is Gavin Kennedy's Adam Smith's Lost Legacy. Many of his posts go after people using Adam Smith's "invisible hand" metaphor. He tirelessly points out that Smith used the metaphor only twice in The Wealth of Nations, and on neither occasion was it used to describe the economics in…
The Rise Of Social Entrepreneurship Suggests A Possible Future For Global Capitalism

May 7, 2013

—

by

mwkruse

in Capitalism and Markets, Economic Development, Poverty

Forbes: The Rise Of Social Entrepreneurship Suggests A Possible Future For Global Capitalism … Barely half of Americans polled in 2010 by GlobeScan said they believed in the free-market system, down from 80 percent in 2002. A large majority had lost trust in government. The most recent Edelman Trust Barometer found that trust in business…
Pro-business vs. pro-market

Apr 29, 2013

—

by

mwkruse

in Business, Capitalism and Markets

I came across this quote a couple of weeks ago by Luis Zinagles in his article Capitalism After the Crisis (HT: Carpe Diem) True capitalism lacks a strong lobby. That assertion might appear strange in light of the billions of dollars firms spend lobbying Congress in America, but that is exactly the point. Most lobbying…
Saturday Links

Mar 23, 2013

—

by

mwkruse

in Capitalism and Markets, Demography, Ecclesia, Economics, Gender and Sex, History, Science, Social Media, Sociology, Sports and Entertainment, Wealth and Income

1. Scientific American has some interesting thoughts on How Your Language Affects Your Wealth and Health … Different languages have different ways of talking about the future. Some languages, such as English, Korean, and Russian, require their speakers to refer to the future explicitly. Every time English-speakers talk about the future, they have to use…
Saturday Links

Mar 16, 2013

—

by

mwkruse

in Capitalism and Markets, Christian Life, Demography, Economics, Education, Gender and Sex, Links – Saturday, Religion, Science, Sociology, Sports and Entertainment, Technology (Energy), Theology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. The Economist has an interesting graph showing that capitalism has led to greater happiness in member countries of the Commonwealth of Independent States (former Soviet Union countries excluding the three baltic countries.) 2. AEI has an informative piece on economic mobility in the United States: How's the American Dream doing? Well, which one? There…
How China Became Capitalist

Feb 15, 2013

—

by

mwkruse

in Capitalism and Markets, China, Economic Development

CATO: How China Became Capitalist … Nonetheless, China has been transformed from the inside out over the past 35 years. This transformation is the story of our time. The struggle of China, in other words, is the struggle of the world. … Conclusion Given our account of how China became capitalist, what can we say…