Power & Market
Was Eugen von Böhm-Bawerk the GOAT?
Murray Rothbard once stunned me by saying that he thought the greatest economist in history was Eugen von Böhm-Bawerk: “Böhm-Bawerk created a mighty system of economic theory and then successfully defended it against all comers.”
Uncovered Audio of Eugen von Böhm-Bawerk from 1905
Don’t Forget about the TALF!
Does anyone remember, during the last financial crisis, the “evil bankers” who almost collapsed the entire financial system?
Another 2 Million Americans File Unemployment Claims, Bringing Total to 33 Million
The surge in unemployment isn’t over. New jobless claims data released today
Swiss National Bank Q1 2020: $94 Billion in US Equities
The Swiss National Bank owns approximately $94 billion of publicly traded US equities such as Facebook, Apple, Amazon, Netflix, and Google? Its top holding is in Apple, with over $4 billion worth of shares in the company.
Will COVID-19 Be a Generation-Defining Event?
Could the COVID-19 panic lead to a generational shift in culture comparable to those resulting from the Great Depression or the advent of the perso
The Problem with Universal Suffrage
Should minors be able to vote? They don’t pay income taxes; many don’t work, and most are dependent on others. But that describes many adult voters as well.
A Note on Experts Who Advise Governments
It strikes me as not a coincidence that governments choose experts whose advice usually leads to increasing the power of the state and the prestige of the politicians who run those states.