Quote of the Day

One of the tragic aspects of the emancipation of the serfs in Russia in 1861 was that while the serfs gained their personal freedom, the land – their means of…

No One Is Really a Democrat

I’m not a moral relativist. I don’t think democratic elections have much justificatory force. I’m happy to say that democracy is good only insofar as it generates better results than…

The Captured Economy

I finally had a chance to sit down and read The Captured Economy: How the Powerful Enrich Themselves, Slow Down Growth, and Increase Inequality. It’s a fantastic piece of work,…