The Socialist Sinking Ship: Then and Now
If the Venezuelan example of socialism’s ultimate consequences baffles anybody, it is because of how little (economic) history people remember, and how quickly its lessons are forgotten.
If the Venezuelan example of socialism’s ultimate consequences baffles anybody, it is because of how little (economic) history people remember, and how quickly its lessons are forgotten.
Largely forgotten in the English-speaking world today, French laissez-faire economist Michel Chevalier was an early opponent of patents, which he dismissed as a type of monopoly and an obstacle to technological and intellectual progress.
The US, Russia, Canada, Denmark, and other states are racing to take control of the Arctic Ocean. Outside of a few tiny outposts, however, these states have never "homesteaded" the region, so their claims of true ownership are fanciful at best.
While not at all perfect, the classical gold standard of the late nineteenth and early twentieth century facilitated some of the greatest leaps in economic prosperity ever witnessed. Marcia Christoff-Kurapovna surveys the views of central bankers and economists of the time.
The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interestin
Throughout most of history, “citizens belonged to the city, body and soul,” writes Larry Siedentop in his new book Inventing the Individual. Even today, the Western idea of the free individual remains largely confined to the West.
The new Netflix series Marco Polo might have descended into a forgettable story of palace intrigue, but it fortunately explores far more interesting themes of family, loyalty, and how the state demands everyone sell out his values a little more every day.
The BBC reports the government of Iceland has announced it is no longer seeking EU membership for the North Atlantic state.
From Chapter 2 of A Short History of Man: "From The Malthusian Trap To the Industrial Revolution: Reflections on Social Evolution".