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What the Labor Pool Collapse Means
Where have all the workers gone? One of the most bizarre happenings in our current economic environment has been the surprising collapse of the …
Laissez-Faire Today
Aaron Swartz, Hero and Martyr
My apologies for the sad tone of this piece, but a hero has fallen and we need to pay him tribute — and make …
AIG Is Right: Sue the Bastards
AIG, the mega-insurer that was bailed out by the government in 2008, wants to sue the government. People’s automatic reaction: How terribly ungrateful! The …
Progress, Despite Every Attempt to Stop It
The typical libertarian sees the world’s glass of water as half-empty. No wonder people avoid freedom lovers. While they tend to be smart and …
The Great Robbery of Wage-Earners
If you think of American wage-earners as swimmers, they were mostly underwater after 2008. Then last year, wages increased a bit. It was only …
The Failure of Common Knowledge
It takes a shockingly long time for the masses of people to pick up on new realities. This is especially true if the new …
India’s Gold Mania
Less than 1% of the world’s gold is mined in India. The rest comes from somewhere else. Still, India can’t get enough. It is …
The Man the Keynesians Fear
The great battle since 2008 has pitted the ghosts of F.A. Hayek against John Maynard Keynes. Team Keynes dictated the policies we know too …
Markets Stagnate Until They Clear
What the home and mortgage market needs — and it will not recover until then — is a rebooting to current values. To do …
The Meaning of GPS
I am one of those people who has a seriously deficient sense of direction. In other words, I feel lost most of the time. …