Latest Posts

March 27, 2019

Why everybody loses with the Powerball

When it comes to government programs for redistributing income, nothing is quite as malevolently effective as state lotteries. Every year state lotteries redistribute the income of mostly poor Americans (who spend between 4-9 percent of their income on lottery tickets) to a handful of other citizens—and to the state’s coffers. Continue Reading...
March 26, 2019

Nixon, Trump and American myths

Two and a half years after the left created the farce – spread across the country by the established media and by resentful politicians such as the late Senator John McCain – that President Donald J. Continue Reading...
March 26, 2019

The virtues of boredom in an anxious age

Today’s parents are fixated on setting their children on strategic paths to “success”— cramming their days with lessons, sports, clubs, camps, and so on. The goal: to enrich their kids’ lives with new knowledge and experiences. Continue Reading...
March 26, 2019

Game of Theories: The Austrians

Note: This is post #116 in a weekly video series on basic economics. The Austrian school of economic thought emphasizes market price signals and how they communicate decentralized information in an economy, says economist Tyler Cowen. Continue Reading...
March 26, 2019

The Russian Five: ‘You want to be free’

Twenty-two years ago the Detroit Red Wings played the Colorado Avalanche in their final regular season matchup. The Avalanche had defeated the Red Wings in the previous season’s conference finals on their way to a Stanley Cup Championship, and the series included a dirty hit on Wings center Kris Draper, which ended his season. Continue Reading...