Economists and financial experts have been telling us for years how great things are for U.S. workers and consumers. The stuff we buy is dirt cheap, and living standards are higher than ever. Wages are keeping pace with inflation. Inequality probably isn’t as bad as you’ve been led to believe. The stock market is booming! […]
It’s not thanks to capitalism that we’re living longer, but progressive politics
In recent years prominent pundits including Steven Pinker, Jordan Peterson and Bill Gates have invoked the progress in global life expectancies to defend capitalism against a growing tide of critics. Certainly there’s a lot to celebrate on this front. After all, average human life expectancy has improved a great deal. “Intellectuals are apt to do […]