Mark J. Perry
AEI
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Past articles by Mark:
Chart of the Day . . . or Century?
As I wrote in the summer of 2018 on CD, I’ve probably created and posted more than 3,000 graphics on CD, Twitter, and Facebook including charts, graphs, tables, figures, maps, and Venn diagrams over the last 15 years. Of all of those graphics, I don’t think any has gotten more attention, links, re-Tweets, re-posts, and […] → Read More
32 years ago today the Berlin Wall fell, two years after Reagan famously said ‘Mr. Gorbachev, tear down this Wall’
Perhaps President Ronald Reagan’s most famous and influential speech was his “Berlin Wall speech” at the Brandenburg Gate in Berlin, Germany on June 12, 1987. It was in this speech (at about 11:45 in the video above) that Reagan made his famous and history-changing demand “Mr. Gorbachev, tear down this wall!” That statement and … → Read More
Only 52 US companies have been on the Fortune 500 since 1955, thanks to the ‘creative destruction’ that fuels economic prosperity
What do the companies in these three groups have in common? Group A: American Motors, Brown Shoe, Studebaker, Collins Radio, Detroit Steel, Zenith Electronics, Fuller Brush, Otis Elevator, and National Sugar Refining. Group B: Boeing, Campbell Soup Company, Colgate-Palmolive, Deere, General Motors, IBM, Kellogg, Procter & Gamble Company, and Whirlpool. Group C: Amazon, Facebook, eBay, … → Read More
The SEC should embrace financial principles, not progressive activism
In her brief time as acting chairwoman of the Securities and Exchange Commission earlier this year, Democrat Allison Herren Lee did not play the traditional role of “caretaker.” Initiating a flurry of activity in early March, Lee effectively set the SEC’s trajectory on a new progressive agenda. → Read More
California's green dream is actually a nightmare
Think the rest of the country will avoid electricity shortages of the kind that have led to rolling blackouts recently in California? Don't bet on it. Not enough baseload power from fossil fuel and nuclear plants and an increasing reliance on intermittent renewable energy sources such as wind and solar across the country are likely to keep power failures in the national spotlight for years to… → Read More
Electric vehicle advocates want to exploit pandemic to swindle $150B from taxpayers
As industries grapple with the COVID-19 pandemic, the new normal it brings, and a slow-but-steady reopening of business, there is no shortage of proposals in Washington for how the federal government can provide assistance to businesses and industries most harmed. Some of these proposals are smart and may be necessary in the weeks and months ahead. Others appear opportunistic and more intended… → Read More
Why import essential minerals from China when we can mine them ourselves?
There's a lot of scary news about United States-China relations these days. Perhaps the scariest news is the realization that from healthcare equipment to essential minerals, many of the supply chains our national security and economy depend on are controlled by China. The COVID-19 pandemic has shown that America is in a vulnerable position. → Read More
US States Renamed as Countries with Similar GDPs
It was largely free markets, free trade, and capitalism that propelled the US from a minor British colony in the 1700s into a global economic superpower and the world’s largest economy. → Read More
The World’s Top 10 Manufacturing Nations Since 1970
Despite falling to No. 2 behind China in 2010, the USA is still a global manufacturing powerhouse and produced more manufacturing output in 2018 ($2.32 trillion) than No. 3 Japan, No. 4 Germany, and No. 5 Korea combined. → Read More
The Environmental Costs of Renewable Energy Are Staggering
"While sunshine and wind is obviously clean, the infrastructure we need to capture it is not. Far from it." → Read More
More on the phenomenal, 'eye-popping' success of Success Academy Charter Schools in NYC
If you haven't yet heard about the amazing, appropriately-named Success Academy Charter Schools in New York City, here's some background: Founded in 2006, → Read More
NYC Has Lost 4,000 Jobs in the Restaurant Sector Alone in the Last Year
New York City could be the “canary in the coal mine” that predicts what happens when politicians engage in “political wage setting.” → Read More
Animated chart of the day: Shares of total trade with the US, 1992 to 2019
My latest animated "bar chart race" visualization appears above showing the share of total trade (exports + imports) with the US for America's top five tra → Read More
This Cartoon Perfectly Shows How the Minimum Wage Works
At $15 an hour, many unskilled workers simply won’t be able to effectively compete against skilled workers and against automation, and we’ve therefore handicapped America’s most vulnerable workers by taking away from them the most effective strategy they have—the ability to offer to work for a competitive wage that is consistent with their lack of skills. → Read More
Animated chart of the day: World's top ten billionaires, 2000 to 2019
This new animated "bar chart race" visualization displays the world's top 10 billionaires in each year from 2000 to 2019. → Read More
Animated chart of the day: US state job growth, 1990 to 2019
Here's another animated "bar chart race" visualization of US state employment growth from January 1990 to June 2019 that displays the top 20 US states in e → Read More
Chart of the day . . . or century?
One of the most popular graphics in the 13-year history of the Carpe Diem blog is a chart of the price trends of 14 different consumer . . . → Read More
Happy 89th birthday (June 30) to Thomas Sowell, one of the greatest living economists
One of my all-time most favorite economists -- Thomas Sowell -- turns 89 tomorrow, he was born on June 30, 1930. Here is Thomas Sowell's webpage and here i → Read More
Glenn Loury: ‘Affirmative action is dishonest. It’s not about equality, it’s about covering ass’
Brown University economist Glenn Loury (pictured above) is profiled in today’s Chronicle of Higher Education titled “Affirmative Action Is Not About Equality. It’s About Covering Ass” (subscription required), here’s an excerpt: On a Thursday evening in April, Glenn Loury is talking about race, ethics, and affirmative action. And he’s getting emotional. “I’m for racial equality. Not for … → Read More
Why a carbon tax and the Green New Deal will never resonate with voters
Is there any chance environmentalists will recognize the humanitarian imperative of using fossil fuels? Certainly not, if climate activists cling to the notion that carbon taxation must be a top priority in the presidential race. → Read More