Power & Market

Another week, another economic report far worse than expectations.

When the Federal Reserve or government intervenes in our lives and the free market, it’s normally referred to as “central planning” or “economic pl

It is a natural human tendency to focus on our problems, but such a focus has a cost—exaggerating the size of the problems we face relative to the

Studies suggest cultural dissimilarity has a statistically positive and negative influence on the volume of trade flows.  That is, people tend to trade with others who are similar to them. 

My thanks to Carlo Lottieri for publishing an Italian translation of "A Brief History of Secession Referenda in Europe" in the publication L'indro.

The public should expect that one day, given the inevitable progress of technology and general fear of missing out, one day there will be a Fedcoin.

That’s US foreign policy in a nutshell: taking money from middle-class Americans and transferring it to the elites of the US military and foreign policy establishment. It’s welfare for the rich.

Luke Burgis’s Wanting: The Power of Mimetic Desire in Everyday Life (St.

It took years—eight years and counting in exile—for me to realize that I was missing the point: we talk about conspiracy theories in order to avoid talking about conspiracy practices, which are often too daunting, too threatening, too total.

Even if we leave Trump and the 2020 election out of this, New York's botched election is the latest reminder that government institutions can’t seem to carry out what we’re told are their most basic functions.