Pre-Columbian America Wasn’t Exactly a Paradise of Freedom
The story of European colonization of the Americas is popularly understood as the conquest of American Indians—the end of natives’ control of the land and the beginning of their subjugation. The contingencies of indigenous agency and geopolitics mean that the
Why a Bear Market in Bonds Points to a Weakening Economy
After closing at 0.53 percent in July 2020 the yield on the ten-year US T-bond moved relentlessly higher, closing on Tuesday, September 28, 2021, at 1.55 percent. There is a growing likelihood that the July 2020 figure of 0.53 percent
Billionaire Plutocrat Jamie Dimon Wants to Ditch the Debt Ceiling
At a meeting with President Binden and other CEOs last week, JP Morgan Chase CEO Jamie Dimon predicted a global catastrophe if the debt ceiling is not raised. Dimon was echoing the words—nearly verbatim—of Biden’s Treasury secretary Janet Yellen in using the
Critiquing an MMT TED Talk
Bob provides a running refutation of Stephanie Kelton's recent TED talk on Modern Monetary Theory (MMT). Mentioned in the Episode and Other Links of Interest: Stephanie Kelton’s TED TalkBob’s review of Kelton’s book explaining MMTBob’s article on opting out of Social SecurityKelton’s
The UK’s National “Crisis”: Age-Adjusted Mortality Is at 2008 Levels
All over the world, populations have been locked up, have become fearful, and none of it can be justified. Looking at the UK, the overall death rate for 2020 is not unprecedented, and some of the increase in the death
Don’t Expect Foreign Policy Experts to be Held Accountable for Afghanistan
Can America’s self-styled foreign policy experts be expected to learn from the failures of the latest misadventure in Afghanistan? If history is an indicator, there’s little reason to believe the foreign policy blob will learn the error of their ways. The
What the New Nobel Winners Get Wrong about Economics
This year’s Nobel Prize in economics was awarded to David Card of the University of California, Berkeley, Joshua Angrist of Massachusetts Institute of Technology, and Guido Imbens of Stanford University. The laureates, according to the Nobel Committee have made an
Jay Bhattacharya on Public Health
Our guest is Jay Bhattacharya, Professor of Medicine and Health Policy at Stanford University. Professor Bhattacharya is also research associate at the National Bureau of Economics Research, a senior fellow at the Stanford Institute for Economic Policy Research, and director
Fabrice Testa on Super Entrepreneurship
Entrepreneurship is a method, and it’s also a mindset. Fabrice Testa has written a book that brilliantly integrates the two: he calls the integration "Super Entrepreneurship," and his book title is therefore Super Entrepreneurship Decoded (Mises.org/E4B_139_Book). He has the appropriate