Power & Market
When Kennedy Bucked the U.S. National-Security State on Cuba
Among the 10 points in Iran’s peace proposal that President Trump has now agreed to use as a basis for peace negotiations between the United States
Why Rent Control Fails: Lessons From New York to Portland
The question is not whether a politician’s intention is good. The market does not care about intentions. It responds to incentives.
Why I Side with Ludwig von Mises
People readily line up on one side or another of great economic debates. How do they choose which side to take?
Germany Restricts Emigration to Prevent Young Men From Escaping the Military Draft
Late last year, German lawmakers passed new legislation paving the way for military conscription.
What Strategy Took from UCLA—and What It Missed
The tradition of Alchian, Demsetz, and colleagues has continuing relevance for strategy scholars.
The Parasitic Kenyan State: Murray Rothbard’s Anatomy of Power and a Decade of Economic Scandals (2014–2024)
The Kenyan government from 2014 to 2024 perfectly illustrates Rothbard’s thesis: a parasitic caste that siphons public funds while cloaking predation in the rhetoric of development, security, and public service.
Worse than John McCain?
Following President Trump’s address to the nation on Wednesday about the Iran War, stock markets suffered losses while oil prices rose.
Immigration As a Right?
Claiming immigration as a right conflicts with the property rights of others.
Entrepreneurship as Agreement Under Uncertainty
Under Knightian uncertainty, how do entrepreneurs persuade others to join their projects?