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February 20, 2024

The New Right’s Attack on Markets Is as Ignorant as the Old Left’s

…the Smithian tradition discovered core “anthropological truths”—foremost, that people are by nature free, rational, self-interested, creative, and fallible, but also “sympathetic,” associational, and ethical. Smith, of course, is most well-known…

December 4, 2023

A Pro-Market and Pro-Social Economy

…understanding of the fundamentally social nature of market economics, as Gregg explained in his recent appearance on our Hardly Working podcast, is heavily indebted to the Scottish Enlightenment and one of its chief protagonists, Adam Smith. According to Gregg, the Smithian tradition…

October 25, 2023

The Freedom to Choose

…a more heterodox and less exclusively economic way than we typically think of it. His argument makes compelling points, especially in the way it extends the Madisonian principle of how competing interests secure liberty…

September 29, 2023

How Well Is Rural America Doing? You’d Be Surprised

…likely to say they are “pretty happy” with their lives (55.9 percent to 53.7 percent). On measure after measure—including median income, unemployment, and home ownership—Currid-Halkett’s research suggests rural America may be doing a…

July 27, 2023

Time to Do Something About the NILFs

…54 (1950-2021) Data sources: Mitra Toosi, “A century of change: the U.S. labor force, 1950–2050,” May 2002, Census.gov; and “Civilian labor force participation rate by age, sex, race, and ethnicity,” Table 3.3, Census.gov (accessed on July 26, 2023)….