Markets

Lessons From Free Banking in Scotland
Rothbard does not refute White’s thesis that Scottish banking was less regulated and hence more stable and well-functioning than England’s banking system in the same 145-year period.
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Law

The Myth of the “Patent Troll” Litigation Explosion
Unfortunately, the complaints today about today’s patent litigation crisis arise more from unchecked intuitions about what feels like a bad situation, from unrealistic assumptions about how much certainty we can achieve in the patent system, and from emotionally-compelling anecdotes about innovators running into trouble with patents.
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Culture

Political Advocacy Disguised with Obscure Academic Jargon
What today’s academics write, and what journals treat as neutral science, tends to reinforce only one side of the political spectrum.
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Politics

Diversity, Equity and Inclusion in the NBA, the NFL and the Sciences
What explains the fact that over 80% of professional basketball players are black, as are about 70% of professional football players?
Destroying Effective Policing
Skyrocketing Home Prices
San Mateo County and The Environmental Protection Racket
The Purpose of Memorial Day: Honoring Virtue
Weaponization of Space: Designing a U.S. Military Policy Toward Space That Is Based on Reality
Moral Values Without Religion: Does Morality Depend Upon Religion?
Trade Deficit Demagoguery
World

The Tragedy of Africa: Local Tyranny Subsidized by Western Paternalism
Nature and man have combined to make Africa the most tragic of the continents — and the men who did this have been both black and white. The great French historian Fernand Braudel said, “In understanding Black Africa, geography is more important than history.” Much…
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Science & Technology

Green and Black
Among the many luxuries that wealth can buy is insulation from reality — the most dangerous luxury of all. Another dangerous luxury is a sense of being one of the wonderfully special people with superior wisdom and virtue. Environmentalism flourishes among those…
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