Billionaires and Charity

MacKenzie Bezos, now-ex-wife of Amazon founder Jeff Bezos, made headlines when she got $36 billion as her divorce settlement, and then promptly made more headlines when she joined the Giving Pledge, an initiative whereby the world’s wealthiest promise to give a...

Your Mattress or Your Life

EDITOR’S NOTE: This guest post is a companion to the recently published Robbing Mattresses. I’m sure you’ve heard the narrative. The wealthy just get wealthier, and the poor just get poorer. Without massive government intervention, perhaps even a...

Robbing Mattresses

Other People’s Money (OPM) is a wonderful thing, especially when those Other People have a lot of it and you have a lot of ideas as to how it should be spent. Progressive economics, distilled down to its essence, brings us to that simple conclusion. One problem...