Art Carden is a Research Fellow at the Independent Institute and an Associate Professor of Economics at Samford University.
Deirdre McCloskey has reshaped the study of economic history by insisting that ideas, not institutions or capital, made us rich. This prolific author is one of the rare figures in modern academia whose work crosses disciplines and defies labels. Drawn as a teenager to utopian and revolutionary theories, McCloskey grew up to realize that noble...
Auburn University’s football team lost every game in 1950. As Bill Cromartie put it in his book Braggin’ Rights, a game-by-game account of the Alabama-Auburn football rivalry, “Alabama fans laughed, poked fun at and cracked jokes about Auburn.” The Auburn Tigers got their revenge in 1955 when they beat the Alabama Crimson Tide 26-0 to...
By Art Carden
Humans, it seems, are always on the verge of obsolescence. There is no innovation without opposition from two groups: people who lose their jobs and people who think about mass unemployment and ask, “Where will the new jobs come from?” The devil is in the details, but at least in principle, redistribution should be able...
By Art Carden