To Promote Human Flourishing, Economic Freedom Must Be Increased

Bill WaltonEconomics

Steve Forbes writes that we need to recognize in times of long lives, higher standards of living, and good health, these benefits of human progress were not bestowed by a king or a technocracy, they were gained through individual efforts. Billions of people around the world have escaped poverty. Things we take for granted—antibiotics, the iPhone, air travel—would have seemed … Read More

There is no such thing as free education.

Bill WaltonEconomics, Education

“Free college tuition sounds pretty good, especially if you’re a parent with college tuition looming in the back of your mind. Who doesn’t like free things?” writes Dr. Anne Bradley. The truth is, making things free only makes them more expensive. If you lower the cost of something it won’t make it any less scarce. And if students do not pay for … Read More

The Mighty Toothbrush: A Symbol of Human Creativity and Freedom

Bill WaltonEconomics

Dr. Anne Bradley explains the significance of the mighty toothbrush as a symbol of human creativity and freedom.  She says that the toothbrush is a beacon of human creativity and flourishing that we take for granted. She believes this so deeply that at the end of each semester she gives her students a small book, Are We Good Enough for … Read More

A Scratch Card In Every Pot

Bill WaltonEconomics

Oren Cass writes in The City Journal about pilot programs for a proposed Universal Basic Income. Essentially, the pilot programs select a lucky few citizens and give them checks. Cass says that, “Handing out cash payments to a few hundred families will tell us nothing significant about Universal Basic Income proposals.”  Stockton, California, announced back in October 2017 that would … Read More

Why Have We Let Actors Become Our Moral Guides?

Bill WaltonCulture, Economics

Jonah Goldberg brilliantly writes, “with the receding of religion from public life, we’ve elevated “authenticity” to a new form of moral authority. We look to our feelings for guidance. Actors, as a class, are feelings merchants. While they may indeed be “out of touch” with the rest of America from time to time, actors are adept at being in touch … Read More

Why 2017 Was A Year To Celebrate

Bill WaltonEconomics

“A lot of good things happened in 2017,” John Mauldin tells us, “regardless of your politics.” John shares Cancer deaths have dropped by 25% in the United States since 1991, saving more than two million lives. Breast cancer deaths have fallen by 39%, saving the lives of 322,600 women. This year, the World Health Organization unveiled a new vaccine that’s … Read More

2018 A Year of Resistance?

Bill WaltonCulture, Economics

Arnold Kling predicts that 2018 will be a year of resistance. Kling’s prediction is that a main theme of 2018 will be resistance. Not the Trump resistance, but resistance against technology that is increasingly perceived as adversarial. Kling writes: “I think that there is a large latent movement for resisting Facebook, Twitter, and addiction to smartphone apps of various kinds.” … Read More

Greatest False Predictions of 2017

Bill WaltonEconomics

My friend Steve Moore with Jon Decker wrote a piece in the Washington Times detailing the greatest false predictions of 2017, and they are big. Their piece begins, “Since the day Donald Trump was elected president in November 2016, the Dow Jones industrial average has risen by some 35 percent, making the last 14 months one of the greatest bull market runs … Read More

Are Google, Facebook, and Twitter The Antisocial Networks?

Bill WaltonEconomics

In their latest Outside the Box John Mauldin resumes his eight-part Strategic Investment Conference Speaker Series with Niall Ferguson, senior fellow of the Hoover Institution at Stanford and the Center for European Studies at Harvard. Niall has a cautionary tale for us on the topic of social networks. Read about here: Subscribe to Our Email List

The Father of Supply Side Economics with Arthur Laffer

Bill WaltonCulture, Economics, Entrepreneurship, Policy, Politics

Most people talk with Arthur Laffer about supply-side economics and his famous “Laffer Curve,” which shows how governments can increase revenues by lowering taxes. But few know that Laffer is an outstanding investor. He recently joined me as a guest on “The Bill Walton Show” and I asked him for investment advice. And that advice might surprise some. Laffer likes … Read More