In the unseemly world of political economy, few studies capture the disappointing state of modern urban planning like a couple of recent papers. One is by Adam M. Zaretsky of…
Category:
Economy
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A life-long liberal Democrat is now a targeted enemy of the party he’s always supported, but he’s undeterred in his admirable defense of free speech. Matt Taibbi has been a…
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Biological parasites steal resources without the host organism’s consent. The consequences of infection range from minor inconvenience to death. Economic parasites steal resources without the host entity’s consent. The consequences…
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The devastation in the Lahaina area, on the western coast of Maui, is still being assessed. The loss of life is unspeakably tragic, with a death toll that is certain…
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Fitch Ratings downgraded the US credit rating from AAA to AA+ because they expect fiscal deterioration over the next few years. While the diagnosis seems delayed, they’re right. Irresponsible bipartisan …
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Publix: They say it’s “where shopping is a pleasure,” and if you live in Miami, it looks like it’s where you might bump into Lionel Messi and his family. Their…
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“Predictions are hard, especially about the future,” the old saw goes. We economists have not clothed ourselves in glory with our forecasts. Many economics commentators confidently proclaimed inflation would be…
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After the most recent Supreme Court session, in which President Biden didn’t like some of its rulings, as with denying him the unilateral power to forgive student loans as a…
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Literary accounts of the alleged horrors of the industrial revolution are many. Some of these accounts focus on the aesthetics of Britain’s fast-changing economy of two centuries ago. In his…
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Exactly 40 years ago we heard a computer voice intone: “Strange game. The only winning move is not to play.” Okay, spoiler alert: that’s the climactic moment of the 1983…