Looking at inequality doesn’t tell us anything substantial about prosperity in a given country. Is inequality the real problem, or is it poverty?
“Colonization is why Africa is so poor” is something I hear all the time. But it was not until recently that I realized: This impulsive defense of Africa is far from the full truth.
In a world dominated by numbers and equations, one economist dared to challenge the status quo and unveil the true power of persuasive language. Meet Deirdre McCloskey, a visionary economist, historian, and writer whose groundbreaking ideas have reshaped the way we understand economic progress.
Why are some countries successful while others aren’t? Is it down to natural resources, colonialism, or can it be better explained by something else?
Although now under siege, Hong Kong still shines as an example of what a well-built city-state can be. Its development should be used as an example and a guide toward realizing what is possible.
Modernity is unthinkable without capitalism, yet Ayn Rand defined capitalism as an unknown ideal, one whose benefits people did not understand
By embracing capitalism, Botswana went from one of the poorest nations in the world to one of the fastest growing economies.