Politics
Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak,...
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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,...
Although some scholars have labeled the early Ming Dynasty as a proto-liberal state, they are mistaken. The Ming governance at that time was weak,...
The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.
Economists consider probability to be central to economic analysis, but, as Ludwig von Mises wrote, economic action involves unique and purposeful events, not random...
The rise of the state led to the rise of credentialism, however, credentialism neither guarantees competence nor quality.
Inflation is a government tool used to confiscate wealth from ordinary citizens and transfer it to government agents and others who are politically connected....
Bob revisits Böhm-Bawerk’s critique of the exploitation theory of interest to answer modern claims that billionaires like Elon Musk must have “stolen” their wealth...
With a record-height tower and a flooded credit system: 2026 may be when the curse returns.
Grizzly bears are no where near being truly “endangered” yet they continue to receive federal protection.
The original 13 British colonies that made up the early United States had very different populations with decidedly different political and social outlooks.