It was Nobel laureate economist Milton Friedman who made famous the adage, “There’s no such thing as a free lunch.” …
Read More »WATCH: Why Are Democratic Leaders Giving in to Voices of the Mob?
Why are Democrats abandoning civility? Ken Blackwell, formerly a domestic policy adviser to the Trump Presidential Transition Team and presently …
Read More »Obama Falls Short of the National Urban League’s Highest ‘Report Card’ Rating
The National Urban League issued a “report card” for President Barack Obama — who’ll leave the White House soon — …
Read More »Have Economists Failed to Teach the Lesson of Supply and Demand?
It is especially painful for me, as an economist, to see that two small cities in northern California — San …
Read More »Solving Fiscal Crises Through Personal Ownership
I participated in a conference last week in Grand Rapids, Michigan, sponsored by the Western Michigan Policy Forum. The focus …
Read More »Free Markets Have Little Respect for Race
I was invited, along with several other American professors, to deliver lectures at South Africa’s University of the Witwatersrand in …
Read More »Can We Close The Black Economic Gap?
After watching part of the presidential debate; I asked myself that question. While the economy has recovered significantly from the …
Read More »What the Media, Academics, and Politicians Get Wrong About Income Statistics — And Why It Matters
Mark Twain famously said that there were three kinds of lies — “lies, damned lies, and statistics.” Since this is …
Read More »Economic Conspiracies That Work Against Blacks
A general economic principle is that any law or regulation that restricts market entry tends to impose the greatest burden …
Read More »Compensating Differences
What economists call an ability to make “compensating differences” is a valuable tool in everyone’s arsenal. If people are prohibited …
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