Should Buying Or Selling “Hidden Cities” Air Tickets Be Banned Or Punished?

An annoying post-pandemic reality is that “public health” policies disrupted supply chains and services that worsened a trend of rising prices that were going up anyway due to expansionary policies pursued by the Federal Reserve. While there has been a retreat from sky-high prices of agricultural commodities like meat, eggs, and milk, airline ticket prices […]

The Birth of the US Dollar

Thomas Jefferson Act of Congress Signed as Secretary of State, January 14th, 1793, Second Congress of the United States (1743-1826)   As Secretary of State, Thomas Jefferson amended a previous Act, “establishing a Mint and regulating the Coins of the United States,” establishing the copper weight specifications for the first US coins issued in 1793 […]

Nationalism and corruption – Econlib

The Economist has an excellent piece on the link between nationalism and corruption: Tunisia reflects a global trend: more leaders are using nationalism as a tool to amass power—and to abuse it (see chart 1). Whereas nationalism was once a means to dismantle deplorable colonial empires, it is increasingly becoming a device to remove […]