Category Archives: Prosperity

Letter to Pope Francis: World Needs Freedom to End Poverty

This is my open letter to Pope Francis that is being published the week of his visit to America.  I share it to shed light on the causes and cures of world poverty. Your Holiness, Pope Francis: Welcome to America! I share your deeply-held concern for the poor of the world.  My concern for global poverty and destitution [...]
Also posted in Climate Change, Economic Freedom, Economic Growth, Freedom, Immigration, Market Capitalism, Poverty, Redistribution of Wealth | Comments closed

What’s the Real Story Behind Income Inequality?

In recent weeks, progressive socialists, socialists, and Marxists have been decrying income inequality as a critically important issue to the world.  According to these socialists, the rich are getting richer and the poor are getting poorer.  In fact, it had been reported at the World Economic Forum held in Davos Switzerland in late January that ”growing income inequality” was one of the top [...]
Also posted in America's Economic War, Choosing the Good Life, Economic Growth, Income Inequality, Wealth Inequality | Comments closed

America’s Greatest Political and Economic Lesson in the Last 125 Years

What is America’s greatest political and economic lesson in the last 125 years?  Can you guess what it is?  Have you thought about it?  What one lesson would you tell your children and grandchildren about America that stands out over the last century and a quarter? The Wall Street Journal recently took the time and effort [...]
Also posted in America's Future, American Capitalism, Architecture of American Capitalism, Big Government, Economic Freedom, Economic Growth, Freedom | Comments closed

Will America Erect an Iron Tax Curtain around us to Keep Corporations in?

In a powerful and profound Editorial this week, The Wall Street Journal presents new information from the Tax Foundation that America’s tax burden on businesses is nearly the worst in the industrialized world.  That’s right, America is ranked number 32 out of 34 of industrialized nations that are part of the OECD (Organization for Economic [...]
Also posted in Economic Freedom, Economic Growth, Economy, Taxes | Comments closed

Economic Prosperity vs. Economic Mediocrity – What will America Choose?

As food prices continue to soar in our supermarkets, as gasoline prices continue to skyrocket at the pumps, as the housing market continues to sputter, and as unemployment continues to be very high – around 9% to 10%, have you ever wondered why?  What has happened to the American economy?  Must the American economy continue to stagnate?  Are America’s [...]
Also posted in America's Future, Big Government, Choosing the Good Life, Economic Growth, Economy, Inflation, Job Creation, Jobs, Limited Government, Poverty, Taxes, Unemployment | Comments closed

Does Helping the Planet Hurt the Poor?

This week The Wall Street Journal poses an important question: “Does Helping the Planet Hurt the Poor?”  It provides two different answers by two different authors with distinctly contrary opinions.  Peter Singer, professor of Bioethics at Princeton, answers: “No, if the West Makes Sacrifices.”  Bjorn Lomborg, author of The Skeptical Environmentalist”  responds in contrast: “Yes, if We Listen to Green [...]
Also posted in Choosing the Good Life, Economic Growth, Energy Economics, Energy Industry, Environmental Socialism, Global Warming, Poverty | Comments closed

Is Economic Freedom Necessary for Prosperity? New Data Says Yes!

Once again, economists and others can see the relationship between economic freedom and prosperity by reviewing the 2011 Index of Economic Freedom released today by The Wall Street Journal and the Heritage Foundation.  In a powerful article in The Wall Street Journal, Terry Miller, Director of the Center for International Trade and Economics at Heritage, [...]
Also posted in America's Future, American Capitalism, Choosing the Good Life, Economic Freedom, Economic Growth, Market Capitalism | Comments closed