Finally…

An economist publicly says something I’ve thought for more than a decade:

Paul Krugman, very sadly, no longer even pretends to reason like an economist.  He instead reasons as if he’s a 19-year-old cultural-studies major.

–Don Boudreaux, Cafe Hayek, Krugman Flunks Basic Labor Economics

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“How the West (and the rest) Got Rich”

That’s the title of an excellent essay in today’s Wall Street Journal by Deirdre McCloskey.

The answer, in a word, is “liberty.” Liberated people, it turns out, are ingenious. Slaves, serfs, subordinated women, people frozen in a hierarchy of lords or bureaucrats are not.