Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas…
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Image of the Day: A Powerful Tribute to Free Market Capitalism

Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas, Not Capital or Institutions, Enriched the World." It it, she describes the unprecedented transformation  and improvement of human wellbeing through the power of economic freedom, as illustrated by this graph:

. [caption id="" align="aligncenter" width="568" caption="The Power of Free Markets"][/caption]

. As McCloskey summarizes, that's the result of the free market revolution:

. [I]n the two centuries after 1800, the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100.  Not 100 percent, understand - a mere doubling - but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30…[more]

August 18, 2017 • 01:52 pm

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Questions of the Week
Week of August 16th 2017
How many times between 1996 and 2016 did the U.S. Congress pass a full federal budget instead of relying on continuing resolutions or omnibus spending bills?
Not at all
Once
Three Times
Five Times
Week of August 9th 2017
Under which one of the following 20th century U.S. Presidents was a U.S. Army General designated White House Chief of Staff?
Bill Clinton
Richard Nixon
Franklin Roosevelt
Ronald Reagan
Week of August 2nd 2017
Which one of the following events did NOT take place on August 3rd?
Calvin Coolidge was sworn in as President
Christopher Columbus set sail for America
First nuclear submarine voyaged under the North Pole
JFK’s PT 109 came under fire in the Solomon Islands
Week of July 26th 2017
How many Congressional Recess periods per session are based in statute (as opposed to tradition or the whim of Congressional Leadership)?
None
One
Two
Three
Week of July 19th 2017
Which one of the following U.S. Presidents signed into law the greatest number of legislative bills in the first 100 days of his presidency?
Barack Obama
John F. Kennedy
Harry Truman
Donald Trump
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Question of the Week   
How many times between 1996 and 2016 did the U.S. Congress pass a full federal budget instead of relying on continuing resolutions or omnibus spending bills?
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Quote of the Day   
 
" ... Americans have grown increasingly accustomed to the view that your politics is determined by your racial, ethnicity or gender identity. Politics is seen as a zero-sum battle for government favor. College and corporate leaders join in.Universities sponsor separate orientations, dormitories and commencements for identity groups (are separate drinking fountains next?). A corporate CEO fires an…[more]
 
 
—Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
— Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
 
Liberty Poll   

Are you generally satisfied or dissatisfied with the way things in the country are going now?