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  • Economy

    Liberty, Risk, and Permission to Live Dangerously

    by October 20, 2025
    by October 20, 2025

    When my eldest son was four years old, he climbed on top of a batting cage at a park in…

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  • Economy

    Playing Chicken with the Federal Budget: The Rational Stupidity of Shutdowns

    by October 17, 2025
    by October 17, 2025

    “Chicken” is a game where two people, or two groups, want different things, in a context where “I win/you lose.” …

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  • Economy

    Toxic Empathy Is Killing NYC’s Gifted Programs

    by October 17, 2025
    by October 17, 2025

    Zohran Mamdani announced early this month that, should he win the New York City mayoral race, he intends to shut…

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  • Economy

    Sow a Trade War, Harvest a Farm Crisis

    by October 16, 2025
    by October 16, 2025

    Across the United States, harvesters are beginning to scythe their way through fields of crops. How well or badly the…

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  • Economy

    How to Prove Economists Wrong About Tariffs: Never Do What You Threatened

    by October 16, 2025
    by October 16, 2025

    On and shortly after Liberation Day, economists warned that tariffs would raise prices, snarl supply chains, and cut into economic…

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  • Economy

    A Government Shutdown Is Less Scary Than Its Dysfunction-As-Usual

    by October 15, 2025
    by October 15, 2025

    Government is presently “shut down” for failure of Congress to pass a budget for the start of the fiscal year.…

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  • Economy

    The Fed Cuts, but the Market Shrugs: Why Mortgage Rates Refuse to Fall

    by October 15, 2025
    by October 15, 2025

    I wrote a few weeks ago about how Trump’s manipulation of the Federal Reserve would have to go much further…

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  • Economy

    The 2025 Nobel in Economics and the Roots of Enduring Growth

    by October 14, 2025
    by October 14, 2025

    This year’s Nobel Prize in Economics recognizes groundbreaking work on how innovation, entrepreneurship, and creative destruction fuel sustained economic growth.…

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