Daily Economy
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California’s $10 Million-a-Year STEM Equity Lab Fails to Deliver
In 2018, Democratic lawmakers in California created a new bureaucratic department, in part, to “close equity and achievement gaps” at higher education institutions in the state. Seven years later, a […]
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Peak Population: Prepare for a Shrinking World
Earth is going to hit “peak population” before the end of this century. Within 25 years, most of the world’s developed nations will be facing sharp population declines, with shrinking […]
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The Hard Truth About the Abolition of Slavery
British satirist and cultural commentator Konstantin Kisin — author of An Immigrant’s Love Letter to the West (2022) — recently shared a debate clip from Doha, Qatar, in which he […]
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Are We Doomed to Repeat Economic History, Even When We Know It?
I regret it, but George Santayana’s famous statement, “Those who cannot remember the past are condemned to repeat it,” is misleading at best. The statement implies that if we do […]
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Bolivia’s Defeat of Socialism Signals a Continental Realignment
It took 20 years to defeat Evo Morales’s Movement Toward Socialism (MAS) in Bolivia through elections. Two decades of political battle lines, along with a so-called “cultural war,” run deep […]
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Burger Chef and the McDonald’s Happy Meal: A Case Study in Creative Destruction
Joseph Schumpeter famously said that creative destruction is the “essential fact about capitalism.” Entrepreneurs are the moving force in Schumpeter’s drama, but they are victims as often as heroes. The […]
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From the ‘Banter Bill’ to Bias Hotlines: The Alarming Rise of Snitch Networks
A troubling new piece of legislation continues to make its way through the British parliament. Dubbed the “Banter Bill,” the Employment Rights Bill would criminalize any speech that might be […]
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William Jennings Bryan vs. Carl Schurz: Lessons from the Gilded Age Money Debate
Even though the COVID-era inflation surge is in the past, Americans are right to remain concerned about the state of our money. Contention over America’s monetary policy is nothing new, […]
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The Forgotten Soap Opera That Took on the New Deal
In December 1934, The American Family Robinson came to the radio airwaves. The new show, like many of its competitors, featured a combination of mystery, family life, romance, drama, adventure, […]
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HL Mencken Knew Politicians: ‘Merchants of Delusion’
Rare is the day that passes during which I don’t, at least once (and usually more than once), say to myself, “Omigosh, I do wish that HL Mencken were still […]
