Don’t predict problems-prevent them – Econlib
I used to think of 100% confidence in a belief as being equivalent to metaphysical certitude. But in recent years, I’ve heard more and more young people use the phrase “one hundred percent” when they meant something like “I strongly agree”. So perhaps I misunderstood the meaning of this Bloomberg headline from October 17, 2022: […]
How free-market economics reshaped legal systems the world over
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. The legal system that operates in the United Arab Emirates (uae)—like that in many countries across the Gulf—is a blend of French civil and Islamic Sharia law. But this summer Dubai announced that it was […]
Why it is time to retire Dr Copper
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Doctors are famously reluctant to hang up their stethoscopes. But a time comes in the career of every medic when their skills fade, and a gentle push is the best thing for them—and their patients. […]
Will Binance come over to the light side?
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. “The luke skywalker and the Darth Vader of crypto.” That is how Michael Lewis, author of “Going Infinite”, a recent book about the rise and fall of Sam Bankman-Fried, founder of ftx, a now-bankrupt crypto […]
Israel turns to financial weapons as well as military ones
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. In less than a fortnight, some 3,500 Gazans have been killed, 12,000 injured and more than a million displaced—on whose behalf America and the un are attempting to open a passage into Egypt. Entire neighbourhoods […]
Special Council Prosecution of Trump is to Violate Everyone Right to Vote
We have a MAJOR problem with this special counsel, Jack Smith. He sought a gag order to prevent Trump from criticizing President Biden. That had absolutely NOTHING to do with his criminal case. As Epoch Times has pointed out, Smith charged Trump and used grand juries from Washington because 60%+ have responded that they would […]
Vouching for Parents – Econlib
Some people advocate for public schools by suggesting that education is a public good. It’s not, but maybe this is a case of people mixing up terminology. To most non-economists, “public good” sounds like “something good for the public.” So maybe what they mean is to suggest that education has positive externalities. I benefit from […]
China’s economy may be growing faster, but big problems remain
China’s emergence from its covid-19 controls was meant to be the biggest economic event of the year. Instead, the reopening has turned into one of the biggest disappointments. In a recent survey by Bank of America, fund managers in Asia expressed their “fatigue and frustration” with China’s weak growth and the lack of a concerted […]
