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Losing the new china
Arriving in Beijing in 1998 along with other Americans searching for the riches of the new China, Ethan Gutmann rapidly made his way into the expatriate community of American entrepreneurs. For them, Beijing was an Open City inside a controlled world. Entering this well-catered equivalent of a co...
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How medicaid fails the poor
Medicaid, America’s government-run health insurance program for the poor, should be a lifeline that provides needed health care to Americans with no other options. Surprisingly, however, it doesn’t. The medical literature reveals a $450 billion-a-year scandal: that people on Medicaid have far wor...
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Who needs the fed?
The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they’re also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though, because the Fed’s most famous funct...
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Second class
A personal, journalistic ethnography of the modern American working class, based on the travels and interactions of the author through the American heartland."Second Class is the most important book you will read all year. A political realignment is coming, and it’s my hope that the end result wi...
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Why we walk on eggshells
Political and social movements seldom appear out of nowhere. They have roots. Some of the Woke Era’s roots lie in our civil rights laws. By prohibiting discrimination, these laws were intended calm tensions among the races and between the sexes. And they’ve had a lot of success. But some c...
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Thrift
Despite the calls for massive spending and stimulus,” if the current financial crisis has taught us anything, it is to save, not just spend. In fact, over the years thrift” has become America’s lost or forgotten virtue, rarely mentioned and never celebrated, despite its historical significance...
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Unlocking precision medicine
New medicines in the pipeline can extend lives, save money, and even help prevent disease before symptoms appear if we don’t discourage their innovators and investors by trying to lower drug prices artificially. Unlocking Precision Medicine explores the environment necessary for creation of the...
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Money in a free society
In the 15 years to mid-2007 the world economy enjoyed unparalleled stability (the so-called Great Moderation”), with steady growth and low inflation. But the period since mid-2007 (the Great Recession”) has seen the worst macroeconomic turmoil since the 1930s. A dramatic plunge in trade, output...
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Uber-positive
Entire industries are being transformed, consumers have more power than ever before, and people are finding new ways to earn a livingeven in today’s slow economic recovery. All of these improvements stem from the rise of the so-called sharing economy. Even in the face of these benefits, innovati...
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How nations escape poverty
A rigorous defense of free markets and open enterprise in the tradition of Adam Smith.During the 20th century, Vietnam and Poland were both victims not only of devastating wars, but also of socialist planned economies that destroyed whatever war hadn't already. In 1990, Vietnam was still one of t...
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The inequality hoax
The controversy over inequality has gathered steam with the publication of Thomas Piketty’s new book, Capital in the Twenty-First Century, a dense work of economic history that documents the rise of income inequality in recent decades and sets forth an agenda of taxation to deal with it. Piketty’...
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Bottleneckers
Bottlenecker (n): a person who advocates for the creation or perpetuation of government regulation, particularly an occupational license, to restrict entry into his or her occupation, thereby accruing an economic advantage without providing a benefit to consumers. The Left, Right, and Center all...
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Economics does not lie
In the 20th century, privatization and market capitalism have reconstructed Eastern Europe and lifted 800 million people - in China, Brazil, and India - out of poverty. In Economics Does Not Lie, noted French journalist Guy Sorman reveals that behind this unprecedented growth is not only the coll...
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From poverty to prosperity
The discipline of economics is not what it used to be. Over the last few decades, economists have begun a revolutionary reorientation in how we look at the world, and this has major implications for politics, policy, and our everyday lives. For years, conventional economists told us an incomplete...
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The dictatorship of woke capital
For the better part of a century, the Left has been waging a slow, methodical battle for control of the institutions of Western civilization. During most of that time, “business”— and American Big Business, in particular — remained the last redoubt for those who believe in free people, free mark...
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The new trail of tears
If you want to know why American Indians have the highest rates of poverty of any racial group, why suicide is the leading cause of death among Indian men, why native women are two and a half times more likely to be raped than the national average and why gang violence affects American Indian you...
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Regulating to disaster
What is a green job” anyway? Few can adequately define one. Even the government isn’t sure, you will learn in these pages. Still, President Obama and environmentalist coalitions such as the BlueGreen Alliance claim the creation of green jobs can save America’s economy, and are worth taxpayers’ i...
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Winning smart after losing big
Rob Stearn' inspiring perspectives come at a time when many businesses, organizations, and individuals seek practical insights regarding how to recover from major losses. Why do some companies rally after competitive disasters? Why do some individuals rebound after personal defeats? Winning after...
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Over a barrel
The Crude Truth: Do you want to know why you're paying so much at the pump these days? Raymond J. Learsy, a longtime commodities trader, explains the real facts behind today's outrageous gasoline prices by lifting the veil from the Mideast oil cartel. He shows how OPEC manipulates the oil markets...
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Invisible wealth
The discipline of economics is not what it used to be. Over the last few decades, economists have begun a revolutionary reorientation in how we look at the world, and this has major implications for politics, policy, and our everyday lives. For years, conventional economists told us an incomplete...
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Hidden in plain sight
The 2008 financial crisislike the Great Depressionwas a world-historical event. What caused it will be debated for years, if not generations. The conventional narrative is that the financial crisis was caused by Wall Street greed and insufficient regulation of the financial system. That narrati...
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The growth deficit
During the 1980s and 1990s, European economies went through a period of slowing economic growth and high unemployment, what some economists described as “secular decline.” On the other side of the Atlantic, the United States enjoyed a robust recovery during those years by reducing taxes, eliminat...
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The coming of neo-feudalism
Following a remarkable epoch of greater dispersion of wealth and opportunity, we are inexorably returning towards a more feudal era marked by greater concentration of wealth and property, reduced upward mobility, demographic stagnation, and increased dogmatism. If the last seventy years saw a mas...
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