Viral Trends
Money Is Not Debt
Separating Monetary Reality from a Popular Myth 1. Introduction: The Appeal an…
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Viral Trends
Money Is Not Debt
Separating Monetary Reality from a Popular Myth 1. Introduction: The Appeal and Persistence of the Claim Some ideas become popular because…
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Viral Trends
The Baseball Tax That Made the Great Depression Worse
The year is 1932. It has been almost three years since the stock market crashed. By the end of the year, the unemployment rate will hit almost 24 pe…
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Viral Trends
Half of Students Now Get A's, But Actual Achievement Is Declining
As recently as 1995, a child’s straight-A report card meant something specific. Still relatively rare, the feat indicated a child had worked hard an…
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Reality Sends the Bill: How Ignoring Price Signals Ends in Disaster
In April 2021, the government of Sri Lanka banned the import of synthetic fertilizer and pesticides overnight, announcing that the island would bec…
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The Myth of the Free-Riding Billionaire: Ray Madoff’s 'The Second Estate'
Wealthy professionals can be strident egalitarians or naive optimists about the benefits of government spending — or so it would seem after reading …
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Trump Uses NATO Summit to Reinforce Mercantilist Policy
The Ankara NATO summit was a success, at least by today’s relaxed standards for diplomatic behavior. Still, President Donald Trump captured headlin…
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