Microcredit: A miracle cure for poverty?

A woman jumped into a well with her two-year-old son because she couldn’t pay off her debt to the microcredit company. Another woman sold her daughter to a prostitution ring to pay off her debt. Hundreds of other women tried killing themselves to escape their debt as the impending debt payments stripped them of their Read more about Microcredit: A miracle cure for poverty?[…]

Economics is too important to leave in the hands of experts

Life is sufficiently complex that experts are often needed. They can provide helpful advice and guidance on a number of subjects. But they can also enjoy more power than is safe. By telling others that only they have the knowledge needed to make a good decision, they can keep the public out of the picture. Read more about Economics is too important to leave in the hands of experts[…]

Can we afford to be this stupid?

In fall of 2015 I attended a conference about walking, held in Vienna. People from various Western European countries (including England and Switzerland) explained that due to austerity programs, their governments could not afford to fund improvements for walking, including programs to ensure that children can walk to school safely. Now, this is blatantly absurd Read more about Can we afford to be this stupid?[…]