Private Solutions to Poverty

This article is part of a series. I strongly recommend you first read part 1 and part 2 as they are meant to be read together. So far I’ve relied heavily on logical arguments to make my case. I was inspired by Michael Huemer’s approach of using most people’s intuitive moral values to draw logical conclusions, rather than starting with…

Defending Sweatshops

Since the Rana Plaza disaster in April, there have been renewed outcries against sweatshops; supposed examples of how destructive the invisible hand of the free market really is. But attacking sweatshops is perhaps one of the most apparent examples of people displaying a remarkable lack of logic regarding economics and human behavior. It is often…

Learning from Kiva

Even the most outspoken critics of the free market never go so far as to disapprove of one institution brought about without government intervention, and that’s charity. Despite the government’s best efforts, people continue to voluntarily support charities that help people all around the world, and, in what may come as a surprising fact, donations…

Greed is Good

Greed is good. It’s funny how an entire economic system – capitalism – seems to have been reduced to those three words. Those who hate it say that greed can’t possibly be good, because it’s a ‘bad’ emotion, it brings out the worst in us, and necessarily leads to fraud and dishonesty. The few who…