Economists often deplore the corruption in developing countries, but when institutions are corrupt, don't expect people to have the incentive to be honest.
For all of the talk about "our democracy," there is a better way to protect the lives and property of people than just electing politicians. It is called sound money.
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
There is a future of capitalism with higher living standards for all. Then there is the alternative: state-directed economic stagnation and runaway inflation.
While politicized evangelical Christianity is usually associated with the political right, it began as a hard-left movement that tried to equate the Christian faith with socialism. Ronald Sider, who recently passed away, was the one who was responsible for the politicization.
All too often, libertarians have equated liberty with atomistic behavior while treating private institutions with scorn. This just in: private institutions are cohesive, not destructive.
Most people think the Industrial Revolution catapulted humanity into modern comfort, but this narrative leaves out the agricultural revolution that had to come first.
