Is the Pope Calling for a Universal Basic Income?
Pope Francis never called for a “universal basic income” as a new socio-political model. He asked for financial assistance for those on the margins who have been harmed by the quarantine. Even so, the idea of a “basic income” is only feasible, if at all, in a country with strong protection of property rights and a market economy.
What Comes after the Coronavirus Crisis – More Socialism or More Capitalism?
Statism is on the rise, despite the fact that western nations were ill-prepared for the Coronavirus pandemic. Old leftist demands are now given even more credence than usual. How can classical liberals and capitalists counter this statist impulse?
The Political Management of the Coronavirus Crisis: The Potential Harm of Damage Compensation
We could be facing the biggest economic crisis of all time. Will politicians be able to learn the lessons from this and use the crisis as an opportunity for a new beginning in economic and public health policy?
Freedom or Equality? “Social Justice” Is Not a Demand of Classical Liberalism
Historically as inequality dissipates the inequalities that remain become intolerable for many. Freedom then becomes seen as an enemy to greater equality. The modern welfare state seeks to establish equality through redistribution, but leaves people dependent and demoralized by their caregivers.
In Our Heads We Are All Marxists—How Marx’s Myths Shape Our Affluent Society
Even though few self-identify as Marxists, many of the Marx’s ideas remain in fashion. In particular, his denigration of capitalists and entrepreneurs as stealing from workers, and his failure to identify their effective beneficence, remain quite popular.