Reparations is a buzzword in the present political climate, but most plans involve an expansion of the welfare state. But there is a form of reparations that is legitimate.
For all the talk of decolonialization, many Third World countries that became independent set up regulatory regimes that mirrored their former "mother" country.
America's Cold War relationships have created conditions for very hot wars to take place. The current war in Ukraine is part of that sorry Cold War legacy.
Los economistas utilitaristas, que no se basan en ninguna teoría ética de los derechos de propiedad, sólo pueden recurrir a la defensa del statu quo que pueda existir.
The war on free speech has been given a boost by a new legal theory called "reckless associations," the "leaders" of an association that allegedly harms someone else are declared liable for that harm.
Jordan Peterson is turning his eye toward Austrian economics. Unlike the many conservatives who see free market advocacy as some sort of "dangerous fundamentalism," Peterson seems to get it.
Spanish mercantilism meant the Crown picked which industries flourished and which withered. This led to a multitude of malinvestments including booms for southern Spain and busts in the Low Countries.
Michael Rectenwald takes on the progressive canard of "socialism for the rich, capitalism for the poor," in which the government protects the wealthy but throws everyone else to the tender mercies of rapacious capitalism.
Among the states that performed the best during the pandemic were lockdown-light states like Utah and Florida. Among the states with the worst outcomes were lockdown-heavy California, New Mexico, New Jersey, and New York.
