…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”

Many so-called climate change activists are not really concerned about the climate and the environment. No, for them, these are … Continue reading “To anti-capitalists, climate change is just a pretext for a planned economy”

Most people believe that capitalism is to blame for climate change and environmental degradation. But numerous scientific studies have arrived … Continue reading “Capitalism is good for the environment”