Latest Posts

November 06, 2018

What you should know about frictional unemployment

Note: This is post #100 in a weekly video series on basic economics. Unemployment is generally harmful to both the economy and to the individual. But there is one type of unemployment that is (mostly) benign, and can even be beneficial: frictional unemployment. Continue Reading...
November 05, 2018

5 Facts about midterm elections

Tomorrow is Election Day, when citizens of the United States go to the polls to elect a variety of public officials. This year is a midterm election (in contrast to both a Presidential election and “off-year” election years). Continue Reading...
November 05, 2018

Judges: Parents must pay children’s bills into their 30s

Michael Rotondo rose to infamy earlier this year as the 30-year-old whose parents had to sue in order to evict him from their home. But across Europe, judges have ruled that parents must financially support their children well into their 30s, until they finish schooling – or until they find a job in the same field as their sometimes-esoteric degrees. Continue Reading...
November 01, 2018

Luther’s challenge to the conscience of the West

Yesterday was Reformation Day, the 501st anniversary of Martin Luther’s issuing the 95 Theses. Luther’s 95 Theses sparked the Protestant Reformation and changed Christianity forever. But the theses has also had an effect on just about every religion in the world. Continue Reading...
November 01, 2018

Bolsonaro versus Brazil’s elites

In his book Sovereignty (1955), the French philosopher Bertrand de Jouvenel observed that one of the significant phenomena in the construction of the modern state was the concentration of the means of communication in the hands of a few. Continue Reading...