I am far from your typical, mainstream economist. Rather than focus on the broad aggregates that the state publishes in an effort to convince us that things are “just fine,” I choose to observe economic conditions at the most micro of levels. While my colleagues pour...
One of America’s most talented antiwar artists and political satirists passed away last week. Tom Blanton did one of the best daily roundups of government oppression and outrages stories on the Internet. His Project for a New American Revolution was an inspiration for...
We’ve all seen the memes: “You do not earn a billion dollars. You steal it. Nobody works a billion times harder than a nurse, a teacher or a farmer. That wealth comes from underpaying the people who actually did the work.” The other end of the spectrum is the slogan:...
The Ukrainian Armed Forces were in trouble. Russian assaults and Ukrainian desertions had left a weakened force with an unsolvable manpower shortage. Weapons were running out, and America’s war on Iran had diverted the most needed military equipment, including Patriot...
Five years ago, about eighty American cities had an average starter-home price of $1 million. Today, it’s 242 cities. A starter home runs seven figures in three times as many places today as it did before the pandemic. Zillow published the count recently. Half the...
Israel's latest war on Lebanon is now threatening to unravel the fragile understanding that Washington and Tehran reached to halt their 2026 confrontation. Under the interim agreement that Pakistan mediated, the United States and Iran declared a permanent end to...
Americans reading this are lucky enough to be alive on the 250th anniversary of their country’s declaration of independence. How independent the United States actually is these days or how much the country remains dedicated to the ideals of the founding is highly...
Today, Taiwan occupies a uniquely important position in the global economy. The island produces the overwhelming majority of the world’s most advanced semiconductors, manufacturing the chips that power everything from smartphones and artificial intelligence systems to...
Poison once sang that every rose has its thorn. Georgia’s Rose Revolution had plenty. Eduard Shevardnadze returned to Georgia in 1992 after the collapse of the Soviet Union, stepping into a country already torn apart by civil war and ethnic divisions. He was seen...
On this day in 1995, I helped shatter the coverup of federal killings at Ruby Ridge, Idaho. For millions of Americans, those brazen killings epitomized how the U.S. government had become a deadly peril to their rights and liberties. In 1991, an ATF informant entrapped...
Taiwanese President Lai Ching-te (William Lai) appears to be missing signs from multiple sources that he lacks both international and domestic support for pursuing a more assertive policy regarding the island’s de facto independence. Taipei heavily depends on two...
In a few days, Americans will celebrate the 250th anniversary of the Declaration of Independence. There will be fireworks, concerts, speeches, and millions of backyard barbecues. But what precisely are we celebrating? Most Americans know that on July 4, 1776, the...
Going into the illegal war against Iran, U.S. President Donald Trump had four key goals: regime change, ending Iran’s nuclear program, eradicating Iran’s missile program, and cutting Iran off from its proxies. He promised that all four would be achieved quickly...
The United Kingdom (UK) Rape Gang Inquiry was published on June 16. The report details the findings of a privately funded and non-statutory investigation led by Robert Lowe and the Restore Britain Party. It alleges that organized criminal gangs have groomed, abducted,...
Good intentions and personnel changes at the Federal Reserve can’t rewrite the deeper structural reality of inflation and economic instability. Kevin Warsh’s ascension to Chair will be another case in point: a case study in cautious optimism meeting institutional...
In 399 B.C., Socrates chose to drink hemlock and suffer a painful death rather than submit to the state and live a life devoid of critical examination. He would be horrified to see how close we have come to constructing his nightmare: a society willing to jettison...
Envision the following scenario: it is the 2008 U.S. presidential election between Senator John McCain (R-AR) and Senator Barack Obama (D-IL). As the results begin pouring in, a senator from another country writes to The New York Times and warns that if the...
The general public wants to blame the United States president for the health of the U.S. economy, but there is a man behind the scenes who has much more influence over economic conditions, about whom Schoolhouse Rock never released a cartoon. Now there's a...
