Recommended reading

• David Boaz posts a reminder of just how prosperous we are. 

• Tino Sanandaji: cutting entitlements works.

• The Economist presents further evidence that Alan Tonelson's "race to the bottom" argument is complete junk. Even China can't compete on cheap labor alone anymore.

• Eduardo Porter writing at the Economix blog: "Banning imports of products made by minors might make the people of San Francisco happy, but it has done very little to improve the lot of poor children overseas." The thing is, protesting against evil corporations makes people feel a lot better than advocating for expanded capitalism despite its infinitely greater effectiveness. 

• Arnold Kling has an update on the massive VC fund that is the US government.