Continuous change in the regulatory framework in which market players do business is a feature of modernity: while the perimeter of the state’s…
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[Excerpted from book 7, Money and Man.] The name of that ardent Scotsman, John Law, is short. His career was likewise short:…
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The Senate impeachment trial of former president Donald Trump confirms historian Henry Adams’s adage a century ago that politics “has always been…
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Behavioral economists and psychologists define as irrational anything that doesn’t fit into a narrow model of behavior. Anything “irrational”—like buying the “wrong”…
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It goes without saying that the Constitution called into existence a government with few, limited powers. That was the purpose of enumerating…
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President Biden claimed during his Super Bowl interview that “all the economics show” that if the government imposes a $15 minimum wage…
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Some Coloradans Want to Break Off and Join Wyoming. They Should at Least Get to Vote On It.
Last month, a group of activists in Weld County, Colorado began floating the idea that the county should leave Colorado and be…
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I’d like to discuss today an argument that is popular among some contemporary political philosophers. If this argument is correct, it undermines…