Megan McArdle says that recognizing failure—and in some cases embracing it—is a crucial part of what makes American markets and society successful.
Megan McArdle is a Bloomberg View columnist who writes on economics, business and public policy. She is the author of The Up Side of Down (2014). McArdle previously wrote for Newsweek-the Daily Beast, the Atlantic and the Economist. She has a bachelor’s degree in English literature from the University of Pennsylvania and an MBA from the University of Chicago.
Trevor Burrus shares his theory of how government reorganizes the world around its own policies and programs.
Decentralization and Federalism Is the Libertarian Way to Determine Whether a Basic Income Is Practical or Desirable
Mitchell argues against a national basic income, suggesting instead that federalism may provide a better solution to the problems of the current welfare state.
A libertarian world won’t eliminate all poverty, but it offers powerful tools for greatly reducing it, and improving the lives of the poorest and least privileged.