Society

Could a new paper published by researchers from the Federal Reserve Bank of St. Louis finally answer the question of whether affordable housing laws caused the subprime crisis? Yes.

The promises of reform at Foxconn are the latest of many as China painfully adjusts to the inevitable social realignment that comes with a capitalist economy. What is occurring in China now happened in Europe during the transition from…

by Frank Li and Derryl Hermanutz, Guest Authors from Global Economic Intersection This is the fifth article of the series: “Towards An Ideal Form of Government”. In my 1/20/2012 post (Democracy and Communism: Are They Really the…

The financial situation in Greece is deteriorating at a remarkable clip.

On the issue of the bifurcation of society and the widening income gap in the U.S., and the strains appearing from the factory system in China that have recently been highlighted, there is useful commentary that comes from a surprising…

Taken to its end, industrialization class distinctions are revealed by conspicuous consumption. This points to the objective of industrial production: goods in the realm of common consumption become removed from social distinction. This is…

Enemies of freedom will always tell you that there is some trade-off between freedom and civil liberties to get you to give up your freedom. This is a false dichotomy and always will be.

My friend Scott sent me the following story

A new universal direct job creation program would improve working conditions in the private sector as employees would have the option of moving into the JG program. Hence, private sector employers would have to offer a wage and benefit…

The McCourtny Consulting Group: We are witnessing a simmering backlash in the face of the widening class distinction. It is wise to address the fundamental issues behind the backlash and consider approaches to deal with the problem,…