Prosperity

Germany’s Poverty: Imported and Homemade

In Germany’s super-election year, the eternal debate about social justice is taking on even more teeth. One-sided interpretations are used by the Greens, SPD and Left Party to justify even more redistribution. The real causes are being concealed.

No More Growth—And Happiness Is Just Around The Corner

Critics of growth call for zero growth or even “degrowth”. Their fears are based on economic misconceptions and a failure to recognize the capitalist dynamic of decoupling growth from resource consumption. Moreover, they fail to recognize the needs of poor countries.

The Primacy of Politics and the “Other” Socialism

The “primacy of politics” over the logic of the economy is repeatedly and categorically demanded. Insofar as such efforts undermine the private property-based power of disposition over the means of production, it is the first step in the direction of the “other socialism.”

Thinking Economically: Only the Market and the Logic of Exchange Create Prosperity

Economics is not a zero-sum game. In exchange, both sides always benefit. Exchange is the soul of the market and creates added value, and does so in a way that benefits everyone involved. A plea for economic enlightenment.

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Globalization: From a Christian Perspective, The Worldwide Driver of Innovation and Mass Prosperity

Globalisation is being attacked – from the left as well as from the right. But it is indispensable for overcoming poverty, as Philip Booth showed at the Austrian Academy 2020.

Has Liberalism Failed? Patrick Deneen’s Populist Anti-Liberalism: A Catholic Classical Liberal’s Response

In his book “Why Liberalism Failed” Patrick Deneen deals with all varieties of Liberalism. They are the fruit of a false image of man – an assertion which, however, proves to be questionable on closer inspection.

Has Liberalism Failed? A Response to Patrick Deneen (Short Version)

Has liberalism become a victim of its own success? A short version of the review and critique of Patrick Deneen’s book “Why Liberalism Failed.”

The Bolivian Fairy Tale – The Illusory Success of “21st Century Socialism”

For years Bolivia was considered a successful example of the “Socialism of the 21st century”. An apparently booming economy blinded economists and politicians and obscured the view of a regime that was in reality authoritarian and corrupt.

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 Alternate Universe of Anti-Capitalist Coronavirus Experts

The COVID-19 epidemic becomes a pretext for critics of capitalism to once again castigate “neoliberalism.” The survival of the free market economy and the renewal of small government is essential, especially now.

Defend Globalization!

For critics of globalization, the matter is clear: it is the main culprit of the Coronavirus epidemic. On the contrary, globalization is particularly helpful in this context, among other things because it reduces regional dependencies.

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