A Romantic Boom and Bust

Romance starts with a first move. Just as it is the role of the entrepreneur to shoulder the risk of capital investment in order to potentially achieve profit, it is the role of an instigator to take the risk in the hope of finding romantic success. Without an entrepreneur, economic growth is unobtainable; without someone making a first move, romantic growth is unobtainable.

Uncle Sam Blew Up Grandma’s New Fridge

One of the most enduring myths of popular economics is that war is good for the economy. One ofthe most enduring myths of the twentieth century is that World War II ended the Great Depression. In a series of important papers that culminated in his book Depression, War, and Cold War, Robert Higgs has argued convincingly that the War didn’t end the Depression, and economists have known since at least Bastiat that war does not encourage the national labour, on net.