There was once something called the Hemline Index introduced by economist George Taylor in 1926. The idea was that the hemline of women’s skirts signed where the economy and/or the stock market were headed. Short skirts meant good times; a falling economy was

The American economist Henry George once said of protectionism is the way to inflict on ourselves in peacetime what our enemies inflict on us in wartime. Note, in fact, that the American leaders ban American investments in Iran—so the American

While in the natural sciences a laboratory experiment can isolate various elements and their movements can be followed through, there is no equivalent in the economic discipline. The introduction of econometrics and model building is an attempt to produce a

All the articles of the draft plan having been considered by the convention, the amended draft was referred on August 31 to a grand Committee of Unfinished Parts. In the committee, the nationalists, not content with their plethora of victories,

Historically, the overwhelming majority of Americans have ignored death certificates and the topic of how they are processed, produced, and compiled for purposes of government statistics. During 2020, however, death certificates rose to a level of unprecedented prominence in the United

In response to a listener request, Bob starts a 3-part series explaining areas where his views have changed. In this episode, he covers trade deficits, justice vs. mercy, the 2000 election, WMDs in Iraq, and Arrow’s Theorem. Mentioned in the Episode

Governments always justify printing more money with the excuse that there is no inflation. When inflation rises, they say it is transitory. And when inflation soars, governments blame businesses and shop owners, presenting themselves as the solution with “price controls.” Original

“Truth will out” is the most popular fairy tale in Washington. Members of Congress are clashing over whether politicians will appoint an “independent” commission to reveal the facts behind the January 6 Capitol ruckus. Proponents are portraying the issue as

Cronyism is not Capitalism We often hear that capitalism is under fire: in contemporary politics, in journalism, in popular discourse, and even in some business schools and among some management scholars and their students. But the criticism, upon examination, is not

China was one of the first major countries to recover from the coronavirus-induced economic collapse—but at what cost? The country has taken on enormous levels of public and private debt, eased monetary policy, and issued billions of dollars in new bonds.