Destroying Creative Destruction: The DMA against Innovation
As Joseph Schumpeter noted, markets need “creative destruction” to survive and advance. However, Europe‘s Digital Market Act (DMA)—while written to ostensibly protect
The $100 Trillion Global Debt Bomb and Financial Shock Risk.
The $100 trillion fiscal timebomb means lower growth, lower real wages, financial repression, and destruction of the currencies’ purchasing power in the
The Inflationists’ Narrative Is Crumbling
Let’s be realistic. The U.S. needs pro-growth strategies and tax cuts, but no administration will be able to offset a $1 trillion
Political Bias in Academia
Yes, college professors are 10-to-1 Democrats over Republicans.
Erasing Black Confederates
One of contentious parts of the history of the American Civil War is the question of whether southern blacks served as soldiers
Despite Its Oil Wealth, Nigeria Is an Economic Basket Case
Nigeria has large oil deposits, educated people, and much economic potential. However, thanks to government intervention, Nigeria‘s promising economy is in shambles
A Walk on the Supply Side
Unfortunately, we find that today's MAGA economics is in many ways a retread of the failed supply-side economics of old.
Why FEMA Makes Things Worse: Theory and History
Amy LePore joins Bob to talk about FEMA's poor track record in recent disasters but also going back to Hurricane Katrina.