The Canaries in the Coal Mines Are No Longer Singing
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
Mortgage companies and realtors are today's canaries. They're in deep trouble, and so are the rest of us.
The great credit expansion Alan Greenspan began thirty years ago has finally run its course. The Fed no longer can expand credit to fight the oncoming recession.
Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.
Language is an institution in society. We need to protect it from vandals in the state-linguistic complex.
Most economists see GDP as a snapshot of the performance of the economy. However, it is better understood as a misleading statistic which fails to accurately describe what really is happening economically.
Lest anyone underestimate the brutality of state control, the way governments have handled the covid-19 pandemic demonstrates the authorities have not yet hit bottom.
While governments have been assaulting private property rights for many years, they now are ramping up the pressure. Nothing less than our civilization is at stake.
Rent control was imposed in Stockholm to "stabilize" the housing market. Not surprisingly, "stabilization" has meant housing shortages and years-long waits for available apartments.
CRT is what happens when methodological individualism is abandoned and replaced by “systems” and “structures” that apparently do everything while actual people do nothing.
One way to interpret Southern Cal and UCLA's move to switch conferences and join the Big 10 is as a form of peaceful secession.