You would think that the growing popularity of homeschooling in the United States would be in more news headlines. Estimates from the National Home Education Research Institute (NHERI) reveal a staggering increase in the number of homeschool students since the 1970s—by a factor of 238.

We are stuck in the middle of the road, far away from full socialism or the unhampered market.

The war in Ukraine rages. Underwritten by US dollars, arms, intelligence, and provocation, US leaders have prolonged the war.

The renaissance of industrial policy has been promoted by a breed of public intellectuals with considerable financial interests as they are well paid consultants for governments.

Our new book, Moonshots and the New Industrial Policy: Questioning the Mission Economy, takes a critical look at the renaissance of state capitalism and interventionist industrial policies. The book features contributions from 23 different scholars, it is published by Springer and available for free download.

According to some commentators, to counter inflation interest rates in the US must increase to a level that effectively restrains the economy. It is held that this increase in interest rates does not have to cause a recession if Fed’s policy makers could orchestrate a “soft landing.” The economy is portrayed as a spaceship that occasionally deviates from a path of “stable” economic growth and “stable” prices. All that is required to fix the problem is for the central bank to give a suitable “push” to the economy (i.e., the spaceship) to bring it back to the right growth path.

The 2024 Presidential election appears to be a showdown between two major party candidates vying to display the most evident lack of understanding of economics.