As the trade war over Ukraine heats up, we should ask ourselves what costs and benefits come along with energy independence from Russia. Even if we accept current Western policy, the divestment campaign will not yield the desired political outcomes. As episodic...
[Image of the police killing of Tony Timpa] Nine months after the Nazi war criminal Adolf Eichmann died at the end of a noose in Israel, a controversial but thoughtful commentary about his trial appeared in The New Yorker. The public reaction stunned its author, the...
https://youtu.be/HA_zM96coww To many people, even today, high profits are often attributed to high prices charged by those motivated by “greed.” In reality, most of the great fortunes in American history have resulted from someone’s figuring out how to reduce costs,...
Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was the norm, even if the state stamped their ruler's face on the coin.” Some strong disagreement (and some strong support)...
One of the most unexamined—and almost unmentioned—economic realities of post-gold standard America is the change in America's economic growth rate since the gold window closed in 1971. Does inflation change the rate of economic growth? The Federal Reserve Bank claims...
What if we were free? What if government sought to serve the people, not control them? What if we own ourselves? What if property rights spring from that premise? What if each of us determine what makes life worthwhile? What if we need liberty to pursue happiness?...
Remember the quaint old days of 2019? We were told the U.S. economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected. At an event...
Imagine this hypothetical. A material is found that has the potential to unlock nearly unlimited energy. Although the scientists who made the discovery know that the material is dangerous to humans, no one knows exactly how dangerous the material is, what its...
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