Viral Trends
When Government Separates Choices from Consequences
Economics textbooks often teach that a proper role of government is to intervene in m…
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Viral Trends
When Government Separates Choices from Consequences
Economics textbooks often teach that a proper role of government is to intervene in markets to align incentives when the market fails. Markets work …
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Viral Trends
How Markets Fought Mosquitoes
While you may best remember handheld insecticide sprayers from their pop culture appearances in Mickey’s Garden (1935) or The Godfather (1972), t…
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Viral Trends
AI Raises the Value of What It Can’t Replicate
Last month I was attending a performance of The Sleeping Beauty at London’s Royal Albert Hall, when during a particularly ambitious dance lift, som…
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Made in (North) America: Canada Is Not Our Enemy
In the US, we have a tendency to stamp products as “American-made” and imagine that that product was entirely made within our borders. The truth is …
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How the Dollar Became American
Most people think the dollar originated with the United States. The dollar, its symbol and its banking arrangements, are so thoroughly associated wi…
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Ironic Inheritance: How Andrew Carnegie’s Millions Still Underwrite the Academy
Overwhelmingly left-leaning college professors tend to offer sharp critiques of “ultra-wealth,” concentrated capital, and the supposed moral failin…
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Debt Jubilees Only Change Who Pays
The United States has crossed a fiscal milestone that would have seemed unimaginable to earlier generations: $40 trillion in gross federal debt. …
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