Economics

“a billion people have escaped extreme poverty since 1990, owing to the embrace of free markets. It’s no coincidence that this dramatic decline in poverty occurred as the Soviet Union’s Marxist-Leninist experiment imploded.” - TIFWE

“Even a global pandemic that induced politicians on both the right and left to usher in unprecedented levels of tyranny, including lockdowns of businesses, churches, and schools, did not raise unemployment and inflation to 1970s levels.” - IFWE

“Seven-in-ten Americans view inflation as a very big problem for the country, followed by the affordability of health care (55%) and violent crime (54%).” - Pew

“Applications for unemployment benefits inched down last week as the total number of Americans collecting aid fell to its lowest level in more than 50 years.” - C.Index

“The shrinking of the middle class has been accompanied by an increase in the share of adults in the upper-income tier – from 14% in 1971 to 21% in 2021 – as well as an increase in the share who are in the lower-income tier, from 25% to 29%.” - Pew

“Socialism requires not only that we overcome the self-interest problem, the incentive problem, and the knowledge problem, but we’re going to give these social planners all this power and say ‘…we’re going to be benevolent.’ This never happens.” - IFWE

“About seven-in-ten Americans think young adults today have a harder time than their parents’ generation when it comes to saving for the future (72%), paying for college (71%) and buying a home (70%)” - Pew

“Ultimately, Ramsey’s motto, ‘If you will live like no one else, later you can live like no one else,’ is not worth the paper it is printed on for Christian who don’t understand that it is freedom from money as a master, not getting out of debt, that really matters. ” - CPost

“Smith’s big idea was that in the context of competitive markets, the pursuit of self-interest not only could but would lead to benefits for everybody else … . Friedman argues that Smith’s insight and the public reception were possible because of society’s move away from ‘predestinarian orthodox Calvinism.’” - TGC

“…it is highly probable that, between 2050 and 2060 our species will reach a population peak close to 9.5 billion, which will then begin to fall… . It is worth spending some time thinking about the consequences of this population change.” - Public Discourse