This year marks the 78th anniversary of the atomic bombings of Hiroshima and Nagasaki. On August 6th, 1945 “Fat Man” instantly killed 80,000 of Hiroshima’s residents, with the death toll…
Category:
Economy
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From compliance costs to consumer trust, the economics of data privacy unveil an intricate interplay between safeguarding sensitive data and sustaining a thriving digital economy. As Europe enters its fifth…
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During the Cold War Republicans took the lead in pushing for ever-increasing military outlays. Pushing expenditures upward was one of President Ronald Reagan’s priorities and led to constant battles with…
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The Federal Reserve’s monetary tightening appears to be bringing down inflation without imposing undue burdens on the real economy. The Consumer Price Index (CPI) grew at an annualized rate of…
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When big corporations like Target or Bud Light go blatantly Woke, to the detriment of their shareholders and profits, you might ask yourself what exactly they are doing, and why.…
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Business analysts are concerned with the actions of two groups of maximizers: companies and consumers. Companies look to maximize profit and production, while consumers aim to maximize what is derived…
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An interesting and troubling double standard is applied to the acceptability of individual actions and those of political agents. An individual declaring an emergency when none exists, e.g., shouting “fire”…
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In two previous articles defending tipping, I argued that gratuities helped solve principal-agent problems and leveraged price discrimination to the benefit of customers, employers, and employees. These were strictly economic…
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The BRICS bloc is remaining coy about whether a global currency will be on the agenda of its 15th summit, which is set to take place August 22 to 24…
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In this episode of Liberty Curious, Kate Wand invited Phil Magness to discuss the origins of critical theory, which is a neo-Marxist school of thought born in the Frankfurt School…