Consider filet mignon and chuck steak. Assume-realistically-that consumers prefer the former. Then the question becomes: why is it, despite consumer preferences, that chuck steak sells at all? The fact is that chuck steak outsells filet mignon. How does something less...
Download Episode. Scott interviews Daniel Davis about the state of the war in Ukraine. Davis has been watching the war closely and works hard to correct for the biases of both sides. He gives Scott a rundown of where he thinks things stand and what developments are...
I hate to gloat but, screw it. I’m gloating. With every FOMC meeting this year, Jerome Powell has become more and more hawkish, but the denial of this still dominates the headlines. He raised the Fed Funds Rate to 4.5% last week, a level unthinkable to nearly...
This paper was originally published by Oxford University Press on behalf of the International Studies Association and is reprinted with permission of author. Through the use of survey methods, the study presents the first systematic comparison of America-based...
What is economics and why do we care about it? The economy is what we do and why we do it. Reality introduces scarcity to that equation, and competition results. Our desires and values translate into actions, and competition translates those actions into strategies...
Russia Former Secretary of State Henry Kissinger has again come out in favor of negotiations to end the war in Ukraine in an article for The Spectator titled “How to Avoid Another World War.” AWC One civilian was killed, another eight people were wounded, and a...
What was widely expected to happen, did happen. Last Tuesday, under pressure from the Biden White House, Senator Bernie Sanders formally withdrew his War Powers resolution to end U.S. participation in the war on Yemen. American logistical support for the Saudi...
December 16, 2022, is the fifteenth anniversary of the modern Tea Party. That fact will come as a surprise to many readers who take the mainstream narrative about the Tea Party at face value. The mainstream account begins on February 19, 2009, when Rick Santelli, live...
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