History of prosperity (2 of 2)

(This column is an edited repeat of one posted a year ago. I am reposting it because I have many new readers, and because this topic is important enough to repeat.) We have become tremendously more prosperous over the past two centuries, at least those who live in countries that have practiced free-market capitalism for … Continue reading History of prosperity (2 of 2)

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The history of prosperity (1 of 2)

(This column is an edited repeat of one posted a year ago. I am reposting it because I have many new readers, and because this topic is important enough to repeat. This post will look at incomes and the next one will look at products.) I think one reason some people don’t appreciate free-market capitalism … Continue reading The history of prosperity (1 of 2)

Faith in science

Science is always true and accurate, right? Not necessarily. Irreproducible Peter Wood and David Randall of the National Association of Scholars wrote an article for the April 17th Wall Street Journal on this topic. They start out by saying: “Half the results published in peer-reviewed scientific journals are probably wrong. John Ioannidis, now a professor of … Continue reading Faith in science