Tag: Free Markets

“Nothing is Free: The Price Only Business can Pay to Protect Free Markets” by Dave Geenens – Book Review

Sep 11, 2014

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by

mwkruse

in Books, Capitalism and Markets, Christian Life, Theology, Vocation

Order at Amazon: Nothing is Free: The Price Only Business can Pay to Protect Free Markets. What is the purpose of business, particularly as it relates to the welfare of employees? Economists, business leaders, and theologians engage in endless debate about this topic. Regrettably, it tends to be two separate debates with economists and business…
Economics Links

Dec 27, 2013

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by

mwkruse

in Africa, Business, Capitalism and Markets, Crime, Culture, Economics, Environment, Gender and Sex, Health and Medicine, Human Progress, Links – Economics, Poverty, Race, Sociology, Technology, Technology (Energy), Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Carpe Diem: 5 Reasons Why 2013 Was The Best Year In Human History Fewer people are dying young, and more are living longer. … Global economic growth in the past five decades has dramatically reduced poverty and made people around the world happier. … War is becoming rarer and less deadly. … Rates of…
Norway Breaks with Social Democracy

Oct 3, 2013

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by

mwkruse

in Capitalism and Markets, Economics, Europe, Politics, Public Policy

New Geography: Norway Breaks with Social Democracy Largely uncommented on in the US press, Europe’s long-standing social democratic tilt has changed. During recent years, almost all Western European nations have seen a dramatic fall in support for the traditional Social Democratic parties, which for so long have dominated the political landscapes. In response, the centre-left…
Economics Links

Sep 24, 2013

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by

mwkruse

in Capitalism and Markets, Economics, Globalization, Great Divergence, Human Progress, International Affairs, Links – Economics, South America, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Did living standards improve during the Industrial Revolution? … So, while the Industrial Revolution ultimately led to big increases in wealth, progress was unsteady. For much of the period, the average person was not reaping the benefits of economic change. So much for wages. Other measures of standard of living should be considered. ……
How Free Trade Might Be the World’s Best Option

Jun 20, 2013

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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…
Saturday Links

Apr 27, 2013

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by

mwkruse

in Demography, Economics, Environment, Health and Medicine, History, Links – Saturday, Politics, Public Policy, Race, Religion, Science, Socialism, Sociology, Technology, Technology (Digital, Telecom, & Internet), Technology (Energy), Trends: Economic, Trends: Social

1. Research Digest reports that Students motivated by wealth are just as likely as others to help in an emergency "… Seventy-eight per cent of the business students offered some kind of help to the stranger. Sixty-six per cent went so far as refusing to leave the stranger or giving him/her their mobile phone. The…
Hayek, Friedman, and the Illusions of Conservative Economics

Nov 23, 2012

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by

mwkruse

in Economics

The New Republic: The Great Persuasion: Reinventing Free Markets since the Depression Angus Burgin recently wrote The Great Persuasion: Reinventing Free Markets since the Depression which looks at the influence of F. A. Hayek and Milton Friedman in the 20th Century. Nobel economist Robert Solow reviews the book in The New Republic. JUST AS I…
Are free markets the secret to Sweden’s success?

Sep 12, 2012

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by

mwkruse

in Capitalism and Markets, Economics, Europe, History, Poverty, Public Policy, Socialism

Christian Science Monitor: Are free markets the secret to Sweden's success? Nima Sanandaji has written an interesting paper about Sweden. It largely points to the same historical facts that I have mentioned in my previous writings, namely that Sweden during its most free market oriented era, from 1870 to 1950, had the highest rate of…
Government’s role in a free-market economy

Nov 22, 2010

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by

mwkruse

in Capitalism and Markets, Economics, Public Policy

Standard-Examiner: Government's role in a free-market economy Vijay K. Mathur Among many people, politicians and media pundits, there seems to be confusion about the operation of free markets. Sometimes the word capitalism is used to propagate the notion of free markets. However the word capitalism came into use almost one hundred years after the publication…
Bono is Getting the Picture

May 19, 2006

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by

mwkruse

in Economic Development, International Affairs

Magical places and entrepreneurial spirits is an article at Reuters about what Bono has been learning as he advocates for Africa. Bono acknowledges that four years ago when he toured Africa with then U.S. Treasury Secretary Paul O’Neill, bringing private sector with him would never have crossed his mind. …. “I think it is bizarre…