Religious anti-Semitism and economic anti-Semitism Antisemitism is much older than anti-capitalism. In her dissertation Antisemitismus im Lichte der modernen Vorurteilsforschung … Continue reading “On anti-capitalism and anti-Semitism”

In economics, we often pick out countries or regions that consistently outperform their neighbours, or some other plausible comparison group, … Continue reading “Book review: “How Nations Escape Poverty: Vietnam, Poland, and the Origins of Prosperity” by Rainer Zitelmann”

…continued from Part 3   The invisible hand Smith is often criticised today for highlighting the importance of self-interest. He … Continue reading “Adam Smith’s 300th birthday: the market economy as the only effective tool to fight poverty (Part 4)”

…continued from Part 2. This article is based on a lecture Dr Zitelmann gave at the German Bundestag on 12 June.  … Continue reading “Adam Smith’s 300th birthday: the market economy as the only effective tool to fight poverty (Part 3)”

…continued from Part 1 This article is based on a lecture Dr Zitelmann gave at the German Bundestag on 12 … Continue reading “Adam Smith’s 300th birthday: the market economy as the only effective tool to fight poverty (Part 2)”

This article is based on a lecture Dr Zitelmann gave at the German Bundestag on 12 June.    We know … Continue reading “Adam Smith’s 300th birthday: the market economy as the only effective tool to fight poverty (Part 1)”

The Index of Economic Freedom, which is compiled every year by the Heritage Foundation, shows that the most capitalist countries … Continue reading “The decline in poverty and the increase in the number of billionaires go hand in hand”

The intellectual comeback of socialism After every single socialist experiment without exception failed over the past 100 years, it should … Continue reading “The socialist renaissance continues unabated”

As recently as 1981, 88 percent of the Chinese population was living in extreme poverty; today it is less than … Continue reading “Explaining China’s economic miracle”