Wealth & Poverty Review | Page 4

Top down view of claw hammer and rusty nails on a plain wooden background

^{Gale Pooley
February 23, 2022
Growth}

Nailing Innovation

_{Gale Pooley
February 23, 2022
Growth}

Professor Daniel Sichel from Emory Riddle University has published an interesting paper on nails. He found that before the Industrial Revolution, it took about a minute for a skilled blacksmith or nailsmith to produce one hand-forged nail. Today, a worker can produce 3,500 nails per minute. Read More ›

^{Wesley J. Smith
February 17, 2022
Homelessness}

Biden Administration’s ‘Free Crack Pipe’ Scheme Hurts the Homeless and Harms Society

_{Wesley J. Smith
February 17, 2022
Homelessness}

President Joe Biden should change his name to “President Woke.” In the newest example of his administration’s hard-left governing philosophy, they planned to offer nonprofit organizations federal grants to give drug paraphernalia to addicts, an idea that goes under the name of “harm reduction.” Read More ›

Drug abuse with people sharing the same syringe

^{Debra J. Saunders
February 10, 2022
Homelessness}

Crack Pipes and Free Needles

_{Debra J. Saunders
February 10, 2022
Homelessness}

Every well-intended public policy taken to an extreme leads to misery and dysfunction. A case in point is the Washington Free Beacon story on $30 million grant for “safe smoking” kits. According to the story, a Department of Health and Human Services spokesman said the kits would include pipes for users to smoke crack cocaine.” Read More ›

Getting knowledge and solving problem. Logical idea concept. Connecting last jigsaw puzzle piece.

^{Andy Kessler
February 6, 2022
Wealth Creation}

Wealth Is Knowledge

_{Andy Kessler
February 6, 2022
Wealth Creation}

The stock-market carnage came fast and furious, wrecking GameStop -like memes and get-rich-quick crypto schemes and cracking SPACs. The ringleader, Robinhood, fueled by stimulus checks, is a good proxy for the excess. Its stock is down almost 80% from its August peak. It is a fine time to ask: What is wealth? Read More ›

Green corn field with corn cobs close up.

^{Gale Pooley
February 1, 2022
Growth}

Cornpreneurs Save Us From Davos Elites

_{Gale Pooley
February 1, 2022
Growth}

You may want to try a worm with your next meal, but there is no reason to think we are running out of corn or the land to grow the food for making appetizing steaks, wings, and chops. Read More ›

Dense traffic at night intersection with blurred lights passing through motorbikes and vehicles.

^{Debra J. Saunders
January 30, 2022
Homelessness}

Chaos and Crime Are Not Homeless

_{Debra J. Saunders
January 30, 2022
Homelessness}

The pendulum has to swing back because the progressives’ paradise is paradise no more. Read More ›

Night Time Police Violent Crime Intervention. Police Vehicles with Flashing Lights.

^{Caitlin Bassett
January 28, 2022
Homelessness, Politics}

Some Big Cities Are Coming To Their Senses On Law And Order

_{Caitlin Bassett
January 28, 2022
Homelessness, Politics}

Law and order won big in Seattle last November when Ann Davison was elected city attorney. Other cities seem to also be waking up to the urban decay brought about by lax law enforcement, but leftists are not giving up without a fight. Read More ›

^{Gale Pooley
January 17, 2022
Wealth Creation}

You get 22 bicycles today for the time price of one in 1910.

_{Gale Pooley
January 17, 2022
Wealth Creation}

In 1910 you could buy a bicycle for $11.95 from the Sears Roebuck catalog. This sounds like a good deal until you realize that blue-collar hourly compensation (wages and benefits) was 18 cents an hour. This means that it would take 66.4 hours to earn the money to buy one bicycle. Read More ›

^{Nathan Lewis
January 16, 2022
Inflation}

What’s Wrong With Turkey #2: Making It Way Too Complicated

_{Nathan Lewis
January 16, 2022
Inflation}

Recently, we took a look at the Central Bank of Turkey’s balance sheet, to get an idea of what has been going on, and what to do about the sudden decline in the foreign exchange value of the Turkish lira. Read More ›

^{Caitlin Bassett
January 12, 2022
Community}

Overwhelmed by Graffiti, Seattle Citizens Step In To Help

_{Caitlin Bassett
January 12, 2022
Community}

Seattle is so overwhelmed by graffiti that it can take the city's five-member task force several weeks to respond to a report of graffiti on public property. Some Seattle citizens have begun spending their own time and money to help clean up their neighborhoods. Read More ›