Booms and BustsBusiness Cycles
"Higher order" industries like manufacturing and mining are particularly sensitive to changes in interest rates. And it doesn't look like anything's different this time around.
Big GovernmentMedia and Culture
Net neutrality was about control and regulatory capture, not online freedom.
Booms and Busts
The Jeddah Tower in Saudi Arabia remains listed for “completion” in 2020. Will its completion trigger a new Skyscraper Curse?
Money and BanksMoney and Banking
The Labour Party wants the Bank of England to actively promote certain industries over others, not realizing that the Bank has already been doing this indirectly for decades.
Theresa May fails to grasp the true necessity of breaking free of the European free-loaders.
The UK's economy is stronger than the EU and never collapsed as a result of the Brexit vote — as was predicted — but the UK is oddly acting like it needs the EU.
Decentralization and Secession
Yes, democracies give leaders strong incentives to adopt popular policies. But if you study public opinion, you’ll discover that neither libertarian nor wealth-creating policies are very popular.
StrategyTaxes and SpendingU.S. Economy
The Colorado constitution mandates voter approval of tax increases, and controls spending growth. If only we had something similar for the feds.