Adam Smith Institute

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Blog Review 899

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blog-review-899

Interesting spoofing of the censors in China. More here.

When we're talking about inequality we have to define whether we're talking about income inequality or consumption inequality.

We also have to be careful how we define poverty.

For example, those teenage summer jobs buy a great deal more now than they did then.

For all that's being said about him Herbert Hoover most certainly did not cut the Federal budget.

Not everyone is convinced, even now, that crude Keynesianism is the answer.

And finally, what we need right now is a little less fear and a lot more greed.