Two More Elephants in Your Electric Vehicle
On this week's episode, Mark summarizes the many problems with EVs, and focuses on two consequences funded by taxpayer subsidy. Large, overpriced, long range vehicles have been subsidized at the expense of more efficient technological applications. These EVs are significantly heavier
To Smoke or Not to Smoke: The Cigarette Economy in Postwar Germany, 1945–48
During the three years after World War II, Germans—facing a ruined economy and wildly depreciating currency—turned to cigarettes as a medium of exchange on a massive scale. Allied occupation authorities strictly forbade this black-market currency exchange, but it literally saved
Paleoconservatives Need Better Critics
Paul Gottfried is no stranger to criticism from “conservative” gatekeepers. Like his friend and colleague Murray Rothbard, Gottfried has been a target of Buckleyite conservativism ever since he was ousted from the National Review in the 1980s. Also, like Rothbard,
MMT’s Warren Mosler Argues Fed Rate Hikes Cause Growth and Inflation
Bob walks through a recent interview of MMT champion Warren Mosler, in which he claims that Fed rate hikes lead to larger government interest expenses and hence support economic growth and inflation. Bob presents both theoretical and empirical evidence against
The Backstops for Banks Are Full of Holes
First Republic, Signature Bank, and Silicon Valley Bank have all failed, and that’s not the only thing they have in common. Western Alliance Bank’s Ken Vecchione was jealous of these three large regional banks. The chief executive admitted to the
Lessons from Honolulu’s New Train System
Marc Joffe After numerous delays and extensive cost overruns, Honolulu’s Skyline passenger rail system launched on June 30. Skyline is the first U.S. system to use automated trains, hopefully serving as an example to the nation’s other urban transit operators. Driverless
When Slave Owners Chose Federal Power over Local Sovereignty
A recurring theme in American politics is the cynical use of federal power by those who simultaneously pretend to favor "states' rights" or "local control." We see this today when Republicans one minute say they favor local control with gun
The GDPR Paradox: Empowering Government in the Name of Data Protection
The European Union’s General Data Protection Regulation supposedly protects people from government data abuse. In reality, it empowers governments. Original Article: "The GDPR Paradox: Empowering Government in the Name of Data Protection"
The Promise of Individualism
Erec Smith There is no such thing as a panacea; few things are actual cure‐alls in themselves, especially when it pertains to social issues. However, the closest thing to a panacea for contemporary social injustice—both actual and perceived—is the concept of individualism. It
Arizona Governor Tries to Bring Some Arizona Women Another Step Closer to Health Care Autonomy
Jeffrey A. Singer In July 2021, Arizona lawmakers took a small step in the right direction by allowing women to obtain self‐administered hormonal contraception directly from a pharmacist providing a state or county public health official licensed to practice medicine issues a “standing order”