Is the Constitution Broken beyond Repair?
The Broken Constitution: Lincoln, Slavery, and the Refounding of AmericaNoah FeldmanFarrar, Straus and Giroux, 2021, 368 pp. Noah Feldman, who teaches at Harvard Law School, has in this excellent though flawed book given us an account of Abraham Lincoln which lends
Keeping Up with India’s Neighbours
BangladeshBangladesh has been one of the nations severely impacted by climate change in the last couple of decades. Rising sea levels has been one of the many dangers of climate change and the effects of this would greatly affect a
Is Price Stability Really a Good Thing?
One of the mandates of the Federal Reserve System is to attain price stability. It is held that price stability is the key as far as economic stability is concerned. What is it all about? The idea of price stability originates
Deconstruction: Using Literature to Promote Marxism
What Is Deconstruction? Unlike the more structured curriculums of high school mathematics or science, the course load and topic choice for upper-level English classes is left largely undefined. For Advanced Placement classes, the College Board only focuses on necessary skills, leaving
Kyle Rittenhouse and the Evil of Generalized Justice
In a decent society, real justice is specific and not general. In criminal matters especially, justice should be temporal and rooted in the facts of the instant case. Greater societal concerns, along with the identity of defendant and victims (sex, race, religion, notoriety, social
Leaving behind the Labor Theory of Value
The labor theory of value has long undermined people’s understanding of the miracles created by markets and rationalized various incarnations of socialism which mangle those miracles. Leonard Read understood why undoing that misunderstanding by all who hold to it, as
Joe Matarese on Expectations and Building a Culture of Continuous Innovation
Every company starts as an innovation. Thereafter, the unceasing challenge is to keep innovating because the market continues to change, technology continues to advance and, crucially, customer expectations continue to rise. Economics For Business speaks with Joe Matarese, Executive Chairman
Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition
After a dead period for much of the twenty-first century, a particular tool at the hands of the state has been dominating recent news cycles: antitrust law. This legal ability to fine, prevent, and “break up” different profit-maximizing tactics of
Since 2008, Monetary Policy Has Cost American Savers about $4 Trillion
With inflation running at over 6 percent and interest rates on savings near zero, the Federal Reserve is delivering a negative 6 percent real (inflation-adjusted) return on trillions of dollars in savings. This is effectively expropriating American savers’ nest eggs at the rate of 6 percent a
Nullification Works: Republicans Look to Legalize Marijuana as States Ignore Federal Drug War
Both Bloomberg and the cannabis industry publication Marijuana Moment now report that Republican Congresswoman Nancy Mace is preparing to introduce new legislation ending the federal prohibition on marijuana. According to Bloomberg: A Republican bill to legalize marijuana at the federal level in