Editor's Pick
Stephen Richer At the beginning of Trump’s second term as president, Jonathan Rauch introduced readers of The Atlantic to the word “patrimonialism,” as the...
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Politics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Politics
RMP is not QE, nor is it QT. It is an unprecedented, interventionist, unsound policy. The Fed is no longer backstopping the long end,...
Politics
Social contract theory was used to critique a form of the state, but was also used to legitimize the modern nation-state.
Editor's Pick
Tad DeHaven The Trump administration’s government ownership spree has officially gone quantum. The Commerce Department announced today that it has signed letters of intent...
Editor's Pick
Norbert J. Michel and Jai Kedia In the Washington Post this week, economist John Cochrane laid out the predicament facing Kevin Warsh as he...
Politics
Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another...
Editor's Pick
David Inserra For a while now, experts and policymakers have been growing increasingly worried about the threat that generative AI might pose to elections....
Politics
Buc-ee’s—the roadside travel phenomenon—seems to cater to the extremes in our society. Either customers love shopping at the place or it is yet another...
Politics
One of the prevailing myths today is the belief that AI can help to “automate” the economy. That is impossible, given that only humans...
Politics
On this episode of Power and Market, Ryan, Connor, and Tho discuss the results of the most expensive Congressional race in American history. What...
Editor's Pick
Tad DeHaven and Molly Nixon The settlement in Donald Trump’s lawsuit against the Internal Revenue Service, in which the president was effectively both plaintiff...
Politics
Despite support from some economists in the free market camp, fractional reserve free banking is doomed for failure, as Murray Rothbard pointed out.
Editor's Pick
Jeffrey Miron The current national debt is almost $39 trillion—and rising. The 2025 One, Big, Beautiful Bill Act has only made matters worse. New...
Politics
“There are those who still think they are holding the pass against a revolution that may be coming up the road. But they are...
Politics
The latest rupture of the global energy map came Tuesday, when the United Arab Emirates said it would leave the Saudi-led OPEC.