Three surprises that could inflame commodity markets in 2024
As Russia continues to pound Kyiv, Western sanctions are beginning to cripple Arctic LNG 2, the aggressor’s largest gas-export project. In the Red Sea, through which 10% of the world’s seaborne oil travels, American forces are doing their best to repel drone attacks by Yemen’s Houthi rebels. On January 3rd local protests shut down production […]
American stocks loiter near an all-time high
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. It is the first trading day of the year. The stockmarket opens a whisker away from an all-time high. American equities have soared over the past 12 months, up by around 25%, with a handful […]
Robert Solow was an intellectual giant
Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Ensconced in a lorry, hidden from the enemy by the brow of a hill, the young Robert Solow decoded the radio signals of Nazi platoons across Italy. “We were very, very good at it,” he […]
Flourishing in the Future – Econlib
When you think of the future, how far out does your imagination take you? Next year, a century, a half million years? In this episode, Will MacAskill presents “longtermism” to us, suggesting that we have a moral responsibility to the people who will live after us, as their numbers will be substantially greater than those […]
Job openings nudged lower, down to 1.4 per available worker
A job seeker visits a Job News USA career fair in Louisville, Kentucky, on June 23, 2021. A new Kentucky law cuts the maximum duration of unemployment benefits by more than half, to 12 weeks, during periods of low unemployment. Luke Sharrett | Bloomberg | Getty Images Demand for workers fell to its lowest level […]
Jimmy Buffett and the Bourgeois Virtues
Most of the year is for getting ahead – but the holiday season is for cherishing what we have. In that spirit, I feel compelled to take a break from weightier concerns, like threats to economic freedom or a desperate Argentina’s breath of hope in President Javier Milei’s reforms. Instead, I want to reflect on […]
