A rule of thumb for the Green New Deal

I have a couple rules of thumb that I hope help me cut through some of the noise around various policy proposals and political debates. One has to do with budgetary reform (a topic I covered at some length last week): If the plan doesn’t engage with entitlements, then it isn’t really a serious proposal. Continue Reading...

Can Bitcoin solve the classic problems of money?

The digital currency Bitcoin has not only attracted a lot of interest from investors, but it has raised some intriguing economic and financial questions. Economists and other theorists have long grappled with problems such as inflation, counterfeiting or money laundering. Continue Reading...

Hayek is the prophet of cryptocurrencies

Even among freedom minded individuals, classical liberalism gives way to conservative resistance on the issue of money. The view prominent on the right and the left is that money is the exclusive right of the state, rather than private initiative. Continue Reading...

Incredibles 2: Making superheroes great again

I saw Incredibles 2 over the Father’s Day weekend, and just like its predecessor, there’s a lot to ponder beneath the surface of this animated film. In the real world we’ve had to wait 14 years, but the sequel picks up basically where the original left off. Continue Reading...

The beauty of trade: How sharing creates civilization and culture

In our complex and globalized economy, it can be hard to remember that trade and markets are fundamentally about relationships—channels for human interaction in pursuit of goods and services. That basic reality may be easier to see and feel at the local farmer’s market or the neighborhood diner, but it nonetheless translates across more intricate and extensive networks of exchange. Continue Reading...

The awesomely boring future of driverless cars

As fears loom about a future filled with robot overlords, innovation continues to accelerate at breakneck pace. When it comes to self-driving cars, for example, tech companies are making significant strides with the technology, even as the masses continue to fret over a handful of related accidents and the potential for human abuses. Continue Reading...

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