Redistributing Wealth Archives - Vincent Ryan Ruggiero Official website - Author

Pope Francis on Poverty

Vincent Ryan Ruggiero — Thu, 12 Dec 2013 03:12:32 +0000

When Sarah Palin said the Pope’s views on poverty were “kind of liberal” and Rush Limbaugh called them “pure Marxism,” the media were aghast. In a rare moment of unity, scoffers joined now-and-then Catholics, former Catholics, and practicing Catholics in protest. Palin and Limbaugh quickly, and prudently, said they had meant no disrespect. Ironically, their [...]

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Progressivism’s Fundamental Flaw

Vincent Ryan Ruggiero — Thu, 07 Nov 2013 05:00:05 +0000

Progressivism is the dominant political and social philosophy of our time. Even people who know little about it tend to regard it favorably. They believe that since progress suggests moving forward, developing, and improving, Progressivism must be positive and good. But Progressivism doesn’t deserve this favorable image because it is rooted in a profound falsehood—that the vast majority of [...]

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Enjoying Your Obamelet?

Vincent Ryan Ruggiero — Wed, 23 Oct 2013 14:04:32 +0000

Obamelet is an apt metaphor for the President’s transformation of the economy. It recalls Vladimir Lenin’s statement, made 75 years ago in reference to the Great Famine in Ukraine: “If you want to make an omelet, you must be willing to break a few eggs.” Let’s be clear: I am not labeling the President a [...]

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Wages, Capitalism, And Morality: Part II

Vincent Ryan Ruggiero — Tue, 16 Apr 2013 04:00:37 +0000

(Note: Part I documented that the minimum wage harms the very people it is designed to help and the popular alternative—letting capitalism work, unencumbered by regulations—encourages practices that cry out for reform. It concluded by suggesting that a new approach is needed, one based on a discipline that economists seldom consult—ethics.) The division of knowledge into particular [...]

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Wages, Capitalism, And Morality: Part I

Vincent Ryan Ruggiero — Wed, 03 Apr 2013 04:00:08 +0000

It is commonly believed that fairness demands a certain level of wage be guaranteed to all workers. That is the idea behind the minimum wage that has long existed in the U.S. and other countries. But does that wage benefit workers? Some economists say it does, but others argue that it actually hurts those it is designed [...]

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