Media and Culture
Against Leviathan
Resurgence of the Warfare State: The Crisis Since 9/11
Energy: The Master Resource
The Church and the Market
How Capitalism Saved America
The State of the Union
Is the Auto Loan Bubble Ready to Pop?
The housing bubble has been replaced by a number of new bubbles. Among them is the auto loan bubble. Car loans now last longer than ever and are going to more people with bad credit. This might not end well.
The Real Value of a Powerball Ticket
Rather than a cold estimate of the probability of future returns, the Powerball actually illustrates the subjective theory of value.
The Big Short
The Big Short is a pretty good movie, but there are a few things it leaves out.