The Crime Tax on Low Income Neighborhoods
Crime imposes a hefty tax on people who can least afford it.
Joseph A. Schumpeter: Entrepreneurship, Creative Destruction and Fatalism Over Capitalism
Joseph A. Schumpeter is identified with two related ideas, the notion of the innovative entrepreneur and the imagery of the competitive market as a process of creative destruction.
The Strange World of Ivan Ivanov
A short yet hard-hitting indictment of the economic and political repression that so often follows from attempts to structure a society around Marxist ideology and centralized economic planning.
Gervais, Hanks, and John All Shine at the Golden Globes
Hanks emphasized the singular pleasure of doing one’s work, of doing it right, of doing it on deadline (and, by implication, on budget) and of doing it for one’s own sake.
Bitcoin: Best-Performing Asset of the Decade?
Bitcoin’s returns over the last decade have dominated every other asset we can compare it with, but that still doesn’t tell us what we need to know about the future viability of this extraordinary development in human monetary affairs.
Community Reinvestment Act: ‘Reparations’ Gone Bad
The dangers of discriminating for minority home owners.
Congressional Grandstanding
The more I watch politicians, the more I hate them.
Video: Money, Banking & Public Finance
An introduction to political economy focusing on money, banking and funding of government.
Money and Liquidity
Perhaps the money of the future isn’t some sophisticated crypto token, but a private promise to consume a widely used service.
