Missouri Voters Vote Against Wealth Redistribution

At EconLog, I often catalogue and criticize government measures that reduce our freedom and hurt our economy. So it’s nice when I can report on a recent vote that went the other way: a vote to reduce the role of government in our economy. On Tuesday, April 2, voters in Jackson County, Missouri voted, by […]

How the Subsidy Straw Is Sucking The Colorado River Dry

Reflection of Grand Canyon in Colorado River. The Colorado River has been facing a water crisis for over two decades. From 2000 to 2021, the river basin has “lost over 40 trillion liters of water.” Per a recent news report, water scarcity has led to disputes among the seven states sourcing water from the Colorado […]

How to build a global currency

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Seventy years ago the Indian rupee was often found a long way from home. After India gained independence from Britain, the currency remained in use in sheikhdoms across the Arabian Sea. Until as late as […]

Will FTX’s customers be repaid?

Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. In the days after the fall of his crypto exchange, Sam Bankman-Fried opened a Google Doc and began to type. Beneath the title “probably bad ideas” he listed potential strategies, which included coming out as […]