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 February 23rd 2017
In which one of the following cities were the first joint meetings of Congress held?
Boston
New York
Philadelphia
Washington, D.C.
Week of February 15th 2017
Which one of the following former U.S. Presidents and his First Lady embarked on a lengthy road trip months following the inauguration of his successor?
Calvin Coolidge
Dwight Eisenhower
Harry Truman
Woodrow Wilson
Week of February 8th 2017
Which one of the following gangsters was the prime suspect in the 1929 St. Valentine’s Day Massacre?
Al Capone
John Dillinger
Lucky Luciano
Bugsy Siegel
Week of February 1st 2017
How many of President Trump’s immediate predecessors in the Oval Office have used their executive powers to temporarily ban certain immigrants from coming to the U.S.?
Six
Five
Three
None
Week of January 25th 2017
Which one of the following U.S. Presidents signed the greatest number of Executive Orders during their two terms in the White House?
Bill Clinton
George W. Bush
Barack Obama
Ronald Reagan
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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?
More Questions
Quote of the Day   
 
"We are in an age of melodrama, not tragedy, in which we who are living in a leisured and affluent age (in part due to the accumulated learning and moral wisdom gained and handed down by former generations of the poor and less aware) pass judgement on prior ages because they lacked our own enlightened and sophisticated views of humanity -- as if we lucky few were born fully ethically developed from…[more]
 
 
—Victor Davis Hanson, Hoover Institution Senior Fellow
— Victor Davis Hanson, Hoover Institution Senior Fellow
 
Liberty Poll   

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