In this age of SWF (sovereign wealth funds, not the flick Single White Female, which is almost thirty already!), it may seem odd to question the right of a government to own corporate common shares directly (e.g., by the Treasury), or indirectly through the Federal Reserve or other government-sponsored organizations.
Most of the disease-forecasting models hitting the headlines these days are based on applying dubious exponentials on vast numbers of unknowns, while the public-relations spin weaves the appearance of certainty that is unsustainable given existing knowns.
Compounding one mistake – allowing mission creep to divert resources away from the government’s presumed public health mandate – with another (unduly restricting civil liberties in a desperate attempt to make up for the first failure) is a recipe for revolution.
The so-far easy acceptance of the government’s medieval reaction to the spread of a not very lethal virus to a vanishingly small percentage of the population suggests that universities are not helping Americans to overcome the many behavioral biases they inherited from their cavemen ancestors.
It is high time that Americans stop pretending government can protect everyone, in every possible way, all the time and tell Washington to stop overstepping.
Many Western states allow citizens to initiate legislation but California is by far the most important and the ripest for reform.
Do worker-owned labor corporations not exist because they are economically unnecessary or because they have yet to be tried, perhaps due to the long fixation on labor unions?
Iowa Democrats could have simply transferred a predetermined sum of Bitcoin to signal which candidate received their precinct’s delegates. Had they done so, the blockchain’s public ledger would have conveyed […]
Let’s fight the next recession today by ridding ourselves of the collected policy detritus of the past and allow human, financial, and physical capital to flow freely to their most highly valued uses.
For the last quarter century, I have tried to explain the causes of economic growth to my fellow historians. A few have caught on but not the ones whose publications […]