World History

"While many academics in the developing world view economics as a zero-sum game, I never entertained the argument that wealth is necessarily due to exploitation."

The Japanese experience offers valuable lessons for the US and Europe. A loose monetary policy can stabilize a recession for the short term, but a persistent flood of cheap money paralyzes productivity gains and growth.

As leader of the laissez-faire radicals in England, James Mill was a master of political strategy, although some of his methods were rather morally deficient.

The Japanese experience offers valuable lessons for the US and Europe. A loose monetary policy can stabilize a recession for the short term, but a persistent flood of cheap money paralyzes productivity gains and growth.

Romanticizing the history of nonwhites to portray them as saints is dehumanizing.

Romanticizing the history of nonwhites to portray them as saints is dehumanizing.

All of a sudden the tweets are gone, the Facebook is gone, the media is gone. Only crazy people are questioning the most pristine — the most perfect — election of all time.

Central banks were already fueling artificial bubble growth and malinvestment in tech firms. Then the lockdowns sped up the trend even more.

The brutal rejection of capitalism in favor of socialism by African politicians at independence was largely due to a deep-seated misconception that equates capitalism to colonialism.

The fact that some Americans supported slavery in the eighteenth century is not at all remarkable. Most of the world agreed with them. What is remarkable is that many of them sought to abolish slavery in the new republic.