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Why Individuals Take Center Stage in "Foundation"14:06 A refrain in the television series Foundation is that individuals and individual actions do not matter, but this is even disavowed as the story is told. How to Actually Solve the Affordability Crisis12:56 Politicians in both parties are promising to address the affordability crisis. But neither is focusing on, or even discussing, the true causes. Here’s what they are and how to fix them. A Note on Exchange-Rate Notations22:20 One of my undergrad students just asked why the exchange rate notations that I use in my class are different from what he found in the financial press. I was James Bovard explains the evil of "legal" asset forfeiture22:20 Bovard: Despite being charged with no crime, more than half a million Americans have been robbed by government agents on the nation’s sidewalks, highways and airports in recent decades. The Logic of Monetary Collapse: A Rejoinder to Hülsmann22:20 In his latest response, Professor Hülsmann does not engage with several of the central points of my argument. Instead, he focuses on two issues: my use of the Ron Paul’s Influence on Charlie Kirk and the Maga Schism22:20 "Kirk had a deep respect for Dr. Paul and credited him with challenging the Republican establishment." Article by Ginny Garner. The Real Affordability Agenda22:20 Donald Trump’s victory in the 2024 presidential election was due in large part to his promises to pursue an America First foreign policy and rein in inflation. Layoff notices surged in October across much of U.S., Federal Reserve report says22:19 It represents one of the highest numbers of WARN notices since Federal Reserve Bank of Cleveland researchers started tracking the data in January 2006. UN Places Gaza Under Control of US-Led Board22:19 The US-controlled "Board of Peace" will rule over Gaza for at least two years, and the US will oversee a newly deployed military force in the territory. Trump says his administration has started interviews for next Fed chair22:19 "I'd love to get the guy currently in there out... but people are holding me back," he said, referring to Fed's Jerome Powell. Government Intervention, Not Blackrock, Is To Blame For The Housing Crisis19:59 The rent is too high. However, government interference into rental markets has been the main reason rents are so high in the first place. From Allentown to the Present: How the Iron and Steel Industry Changed18.listopadu Billy Joel memorialized the workers of the steel industry in his 1982 song “Allentown.” While popular culture seems to dwell on tragedy, the creative-destruction of the market process also involves progress. The Difference between Formal and Substantive Equality18.listopadu When we think of the term "equality," most of us think of it in a formal sense: equality under the law. However, political elites are demanding "substantive" equality, which is impossible to achieve. What Makes Economics Scientific?17.listopadu Prompted by an online debate about whether economics belongs with the hard sciences, Bob reviews common defenses of mainstream practice and explains why they don’t settle the scientific status of the field. Does a Decline in “Aggregate Demand” Cause a Recession?17.listopadu Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing cause-and-effect, Keynesians don't understand that downturns are the result of malinvestments made during the boom because of central bank interference in the economy. |
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