Peter Turchin’s ‘End Times,’ A Review
Do you feel like we’re living in the end times? We do, sometimes. With each hit of unprecedented bad news, the country feels more and more as if it’s careening toward apocalypse. Over the last few years our society witnessed race riots, lockdowns, reckless fiscal and monetary policies, citizens expressing skepticism on election integrity and, […]
In Search of a Monetary Standard: A Review of Robert Hetzel’s The Federal Reserve: A New History
Few books about the history of the Federal Reserve contain the number of insights found in Robert Hetzel’s The Federal Reserve: A New History. Hetzel does not merely recount historical events related to America’s central bank, as so many other books have done. Instead, he draws on his considerable knowledge of economic theory and intellectual […]
A Higher Minimum Wage, More Unions, and More Public Housing. Review of ‘Poverty, by America’ by Matthew Desmond
“Why is there so much poverty in America?” This question opens Poverty, by America, a newly released book by Princeton University Professor of Sociology Matthew Desmond. The book’s emphatic answer is “exploitation.” In fact, all Americans fortunate not to live in poverty, as Desmond sees it, are at least indirectly complicit in exploiting poor Americans […]
Book Review: “The Great Displacement” Is a Must-Read
Yves here. The Department of Defense started warning in the early 2000s that global warming would generate destabilizing mass migrations. But Americans like to this this sort of thing happens in poor countries near the equator, or coastal Florida. But a new book by Jake Bittle argues that the Great Displacement is coming here too. […]
Biden’s IRA sees Tesla and others review investments in Europe
Elon Musk, Tesla CEO, on a stage at the Tesla Gigafactory in Grünheide, Germany. Picture Alliance | Picture Alliance | Getty Images Tesla recently announced a strategy shift away from Europe as it seeks to benefit from unprecedented subsidies in the United States. But it’s not the only company reviewing investment decisions vis-à-vis Europe. Many […]
Book Review: How the “Chip War” Vindicates Economics
Sometimes, economists get so stuck in their abstract theories that they lose sight of the real world, something they, as scientists, proclaim to investigate. Economists insisted, for example, that public goods like education cannot be sufficiently supplied privately, only to find that they can, are, and were. Or, textbooks say, common-pool resources get tragically depleted, […]
OSHA Permanent Rule on Covid Now at the White House for Review, as Beltway Lawyers Work to Continue Biden’s Mass Infection Policy
By Lambert Strether of Corrente. “Always be present in the flesh.” –C.P. Snow, The New Men Patient readers, this post was a little bit slower to arrive than should be, because I got a bright idea for a value-add (see Tables 1 and 2, below) right in the middle of doing a routine aggregation of […]
