Editor's Pick
Jeremy Horpedahl In the summer of 2024, a passage from J.D. Vance’s memoir Hillbilly Elegy gained widespread attention on social media platforms, including X/Twitter. Vance described...
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Politics
Politicians and central bankers invoke “contagion” to demand more power and money, while their interventions cause the very fragility they decry.
Politics
The standing myth about AI is that it will put everyone out of work and leave the Marxian Reserve Army of Labor. The other...
Politics
Portugal’s Estado Novo, which dominated politics for more than 30 years there, and was firmly anti-capitalist. It has been 50 years since Estado Novo’s...
Politics
Bob walks through a recent WIRED video on “the economics behind the Great Depression,” correcting its claims on lax regulation, Hoover’s alleged inaction, the...
Editor's Pick
Thomas A. Berry Are you graduating from law school in 2026, or are you a lawyer with roughly 0–2 years of legal experience? Do you...
Politics
While the Fed continues its “two percent” charade, the central bank has been inflating the US economy into ruin. The latest Fed capers will...
Politics
Historian Richard Hofstadter was a well-known progressive, but his take on Abraham Lincoln certainly differs from the hagiographic approach most US historians take toward...
Politics
The worst bubble in human history is the government spending bubble, up from about 8 percent of GDP in 1900 to about 40 percent...
Politics
It is unimaginably cruel to demand that Ukraine keep fighting our proxy war down to the last Ukrainian.
Politics
Realtors seem to think that rage-quitting the market will somehow make prices go up. Things won’t go the way they hope.
Politics
At 3 percent inflation over an 80-year lifetime, prices will multiply by a factor of more than 10. A dollar will become nine cents,...