The Ignorant World and What to Do About It
A spectre is haunting the Western world – the spectre of a grossly mistaken understanding of the world.
Tags: Daily Economy
Make No Mistake: Programmable Digital Currencies Are Weaponizable Money
Earlier this year, China began to roll out a project that had long been in the works––a digital version of its currency, the yuan, is now being used in four Chinese cities.
New Single-Family Home Sales Jump in March
Sales of new single-family homes rose sharply in March, increasing 20.7 percent to 1.021 million at a seasonally-adjusted annual rate from a 846,000 pace in February.
You Think This Is A Game? Not Quite
How often have you heard or read someone use a sports analogy to describe commercial society? Games are great fun, but they have winners and losers in ways exchanges don’t.
Taiwan: The New Geopolitical and Economic Flash Point
The island nation of Taiwan may be in the spotlight today for handling Covid-19 without a lockdown but it’s about to become one of the most contentious geopolitical flashpoints of the decade.
The Lockdown Paradigm Is Collapsing
It’s taken much longer than it should have but at last it seems to be happening: the lockdown paradigm is collapsing. The signs are all around us.
Lockdown, Labor Laws, and the Digital Economy
It doesn’t take a background in economics or public policy to know that the economy is changing and so too is the future of work.
The Buffett Indicator: Reasons for Doubt
Recently Tesla CEO Elon Musk asked Ark Investment CEO Cathy Wood about her view concerning the Buffett Indicator, which is pointing to a historic overvaluation in stocks and hence suggests a coming…
Carl Menger’s Theory of Institutions and Market Processes
This year marks the 150th anniversary of a radical change in the way economists came to understand the logic of human decision-making and the formation of prices in society.
We Need Rule of Law Not Lawlessness
The Wire wasn’t wildly popular when it first aired on HBO from 2002 to 2008 but it has enjoyed quite a run since due to its vivid portrayal of the human toll of…