Why Don’t We Keep Buying? (And Buying)

A man walks into a store and buys a bottle of water for two dollars. He has more than two dollars left, and the store has more bottles to sell but the man does not buy another bottle. Observation of the transaction suggests that the man values the bottle of water more than the two dollars he forgoes to acquire it. Yet, despite the possibility of repeating the transaction on identical terms, he chooses not to do so.

The Conservative AEI Now Embraces the Left’s “Decolonization” Narrative

By now, the decolonization narrative should be well known to anyone who pays any attention to leftwing rhetoric. In the Americas, the term “decolonization” virtually always means “de-Europeanization” and is premised largely on the idea that much of what we call “the West” exists on “stolen land” taken from indigenous peoples. These lands, we are told, must be abandoned and returned to the real natives. 

Trump’s Commerce Department as Venture Capitalist: Political Investment at its Worst

As America’s first reality-show president, Donald Trump wants people to think he is breaking new ground and transforming America for the better. Stepping where no president before has gone, Trump has directed the US Commerce Department to take equity positions in 30 American firms, which clearly is controversial.