The political implications of bitcoin

Prior to the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money, balanced budgets reflected the received wisdom for governments. By making the case for debt spending in times of recession (and the virtually ignored case for restricting spending in times of growth), Keynes gave political leaders a license to abandon the requirement of balance. Continue Reading...

We need a more Spock-like politics

James Hodgkinson opened fire on a group of congressmen after ascertaining they were Republicans. He wounded several people and was killed himself by Capitol police, who were present to protect House Whip Steve Scalise. Continue Reading...

Why truly free trade is also truly fair

Throughout our political discourse, we continue to hear critiques of free trade from left and right, each of them ultimately aiming to prod us closer to an abstract notion of so-called “fair” or “fairer” trade. Continue Reading...