The European Union Is Doomed to Fail
Have you ever heard of Deutsch Jahrndorf? No? I don’t blame you. The tiny Austrian village, which is situated four […]
Yearly Archives: 2017
How the Sharing Economy Brings Dead Capital to Life
Many people, particularly on the left, argue that the modern economy is increasing inequality. But, as I have discussed before, important trends […]
Nobel Prize Goes to Richard Thaler, Behavioral Economist
Richard Thaler has won the Nobel Prize for initiating the behavioral moment in economics. My view of the Nobel Prize […]
Transaction Costs and the Progress of Humanity
The progress of humanity is the story of the ongoing reduction of transaction costs. Increases in wealth simply mean that […]
London’s Uber Ban Shines Light on the Sorry State of the Rule of Law
Transport for London (TfL), the government agency responsible for regulating transportation in the UK’s capital, recently decided to revoke Uber’s […]
The Fed Has Initiated ‘Operation SNAIL’
The “big news” from Janet Yellen’s recent press conference, which was hardly news at all to those who have followed the […]
You Have the Right to Try Psychedelics
Suffering from PTSD can feel like you are trapped in a prison built of your own horrific memories. Being held […]
Why Big Institutions Fear Blockchain Apps
One of the most powerful tools available to governments – be they democratic or totalitarian – is their control over […]
Podcast: Inequality Is Rising, but Poverty Is Falling
Recently released data from the Federal Reserve indicate an increase in income inequality and wealth inequality in the country. People […]
Military Reform – FULL MEASURE – Sharyl Attkisson
The US boasts of the best military in the world. So you might be surprised to hear that the incentive […]
A Great Book Is Unfairly Attacked
The Journal of Economic Literature (JEL), a well-regarded academic journal that covers research trends and practices in the profession, published […]
Forget Monopoly: This Board Game Really Simulates Capitalism
For many of us, our first exposure to running anything like a business was the first game of Monopoly we […]
Everyone Loves This Book But Who Has Actually Read it?
I have never actually completed F.A. Hayek’s, The Road to Serfdom. I am completely comfortable admitting that. Still, like many […]
Secession Is Sweeping the World, and We Should Let It
We’re seeing a huge uptick in provinces and territories seeking independence from their parent countries all over the globe. I […]
How Puerto Rico Can Rebuild and Become the Hong Kong of the West
After a particularly devastating hurricane season, Puerto Rico has an uncertain future. Already mismanaged and saddled with debt, the island […]
All Government Powers Are Based on Mystical Justifications
It is one of the great political mysteries: the success of governments in ruling over societies with little popular resistance, […]