Today may seem like the wrong moment in American history to write, “Let’s give away billions of dollars to folks who need it.” Just now, most of our leaders are focused instead on giving our billions to folks who, conspicuously, don’t need it.

But about that first idea, which sounds like some liberal thumb-sucker’s daydream — it’s exactly the right time to think about that, as it happens. Not least because it has historically attracted libertarians and conservatives, too, even chieftains of far-right economic thought such as Milton Friedman and Friedrich Hayek. And Richard Nixon, wherever you’d fancy perching him on the political spectrum.

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Professor of Economics
Professor of International Economics, International Studies Concentration Advisor: International Economics
Ethics of capitalism
Economics of globalization
Adam Smith