Power & Market
“Facebook Files” Reveal Despicable Disregard for the Constitution
Last week’s revelation that Facebook took orders from the Biden Administration to censor even accurate information about Covid is the latest exampl
An Austrian Critique of Passive Investing
The much-emphasized distinction between active and passive investing is overblown. The passive portfolio’s construction is the product of subjective human judgment just as the actively managed portfolio is.
Profiting on Chaos
Mark Spitznagel and his collaborator, the much more public Nassim Nicholas Taleb are the subjects of Scott Patterson’s Chaos Kings: How Wall Street Traders Make Billions In The New Age Of Crisis.
“Desertion” Is a Non-Crime Made Up by Governments
A respect for property rights dictates that employment contracts can be renegotiated or bought out at any time. That soldiers are expected to sign over their natural right to leave their job is, as Murray Rothbard notes, a type of slavery.
Medicare in a Pickle, But Pickleball Will Not Put it Under
That annoying clicking sound you hear from your nearby pickleball courts is not just the paddles hitting the plastic balls.