Tags » Economic History

The Pricing of Progress and the Origins of GDP

by Eli Cook*

In the past few years, roughly half a dozen books have come out examining the meteoric rise and profound impact of Gross Domestic Product (GDP). 1,050 more words


Reviving An Old Slur

The “news” industry has rediscovered an old slur: Trickle-Down Economics (TDE).  Catherine Rampell is on the editorial page

Sidebar: We know we made fun of Kevin Williamson for stooping to take on Catherine but she is just part of this post. 418 more words

Economic Freedom

Reform Impossible?

On Twitter, I’ve seen several replies to Keith Gessen’s response to William Taubman’s new biography of Mikhail Gorbachev. I’m writing this having not yet read the book, although I think now I’ll have to add it to the to-do list. 627 more words

Soviet Union

A Reminder On Socialism

Yesterday is was Communism (no, we still don’t reference our stuff0.  Today it is socialism, the slightly less virulent method of restricting economic and personal freedom.   108 more words

Economic Freedom

Yesteryear's robots came for many more jobs

Never in American history has technology displaced so few and scared so many. See chart: rate of occupational change (job churn) by decade, 1850 to 2015.

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Economic History