Big Plans for the Jeddah Tower Continue as Asset Prices Boom

The Skyscraper Index is a chronicle of world record-setting skyscrapers that culminate in a major economic crisis — the Skyscraper Curse. The Index has a remarkable record from the late 19th century to the present and is described historically and theoretically in my new book, The Skyscraper Curse, and How Austrian Economists Predicted Every Major Economic Crisis of the Last Century.

Big MacCoins vs. the US Dollar

McDonalds has announced that they will be releasing MacCoins in celebration of the 50th anniversary of the Big Mac. While crypto-related gimmicks have proven to be profitable, there is no blockchain involved, instead customers will receive a physical coin whenever they purchase a Big Mac. CNN Money reports that McDonalds has 6.2 million MacCoins ready for distribution.

How Liberal Adoption Laws Helped Romania’s Orphans

“The fetus is the property of the entire society. Anyone who avoids having children is a deserter who abandons the laws of national continuity.” This was the justification Romanian Communist leader Nicolae Ceauşescu offered for his 1966 “Decree 770.” Aimed at increasing the Romanian economy through population growth, Decree 770 criminalized abortion, which was the prevailing form of birth control at the time. Subsequent laws imposed a specific tax on childless adults (in 1977), and when condoms and birth control became available in the 1980s, they were prohibited as well.