Politics
The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a...
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Can silver be called a Giffen Good? Probably not, although that fact doesn’t discourage some from looking for the equivalent of a unicorn in...
Under Knightian uncertainty, how do entrepreneurs persuade others to join their projects?
Are rising oil prices responsible for inflation? While some economists and many in the media make that connection, the reality is much different. Inflation...
The country that is losing generally does not reject ceasefire proposals. Meanwhile, Iran demands an end to the Israeli war on civilians in Lebanon,...
The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a...
European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the...
Thoughts on risk, uncertainty, and economic action.
The story of Anil Ambani destroys the belief that capitalism automatically favors the rich and excludes the poor. Once a billionaire, he made a...
Jerí, a 39-year-old lawyer, was elected to Peru’s Congress in 2021 for Somos Peru, a small conservative party. The removal follows allegations of collusion...
“An Israeli-American regime-change operation is underway in Iran.”
The Civil Rights Act, first passed in 1964, is falsely connected with freedom. In reality, this law severely restricts individual liberty and replaces it...
While the Voter ID debate consumes the airwaves with political debate, the real issue is not who is elected, but the unelected elites that...
Bob lays out California’s proposed 5% wealth tax on billionaires, using it to explain why taxes on wealth are especially destructive, how different tax...
From the Jacksonians to the Marxists, political theorists have understood that there is something unique about “small industry” between big business and propertyless workers.