The Lost History of Liberalism: From Ancient Rome to the Twenty-First Centuryby Helena RosenblattPrinceton University Press, 2018xii + 348 pages Helena Rosenblatt, a historian who teaches at the Graduate Center, City University of New York, has written a valuable history of

Former president Donald Trump has been impeached for “incitement to insurrection.” The House Democrats claim is that Trump made an inflammatory speech which—a week later—led to the Capitol riot of January 6. The Senate is now considering whether or not to

The GameStop saga shows some "equity" movements are more equal than others. Stakeholder theory, the corporate version of social justice, attempts to install this hopelessly amorphous concept of "equity" in the business world. Equity, unlike equality, demands different treatment of individuals

The recent GameStop short-squeeze drama has riveted financial markets. Given the historic unpopularity of short sellers (e.g., Holman Jenkins has written that “short-selling is…widely unpopular with everyone who has a stake in seeing stock prices go up”), the resulting heightened invective against

In the United States, one can't so much as drive down the street or purchase cough syrup without government-issued identification. Yet federal courts consider it beyond the pale that voters confirm they are who they say they are. Original Article: "Democrats

[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] This chapter explains the connection between the quantity of money and the height of prices quoted in

The investment world was convulsed last week when at least one hedge fund (Melvin Capital) lost billions of dollars. The sudden, massive losses happened when a tidal wave of independent individual investors, spearheaded by posts on Reddit.com, triggered a short squeeze

Last week, a large number of small-time investors drove up the price of GameStop’s (GME) stock a historic 1,784 percent. But this was no mere spike in some obscure stock. The stock’s price spiked in part as a result of efforts by “an army