Author: Craig Newmark

Associate Professor of Economics, North Carolina State Univ.

One of the knocks against Americans . . .

Posted on by Craig Newmark

. . . is that we should be more “sophisticated”. You know, like Europeans. Particularly the French. Well, excusez-moi,: count me out. “The Rust Belt of France: Montpellier“. And that’s kind of what the French do; they play deaf and blind to the glaring social problems around them, preferring instead to think of their country in […]

 

“An Audacious Promise: The Moral Case for Capitalism”

Posted on by Craig Newmark

James R. Otteson: Even if we do not all get rich at the same rate, we all still get richer. To see the importance of this point, ask yourself: If you could solve only one social ill–either inequality or poverty–which would it be? Or suppose that the only way to address poverty would be to […]

 

“Government doesn’t give tax cuts, it takes more or less taxes”

Posted on by Craig Newmark

Keith Hennessey: The President’s language puts us on a slippery slope. Under this approach we treat all: tax revenues as if they originate within the government. : We create moral parity between giving tax cuts and increasing government spending. : We trust government officials to reallocate society’s resources to those whom they determine most need it while ignoring […]