Forget Hemlines. Mom Jeans Are Now an Economic Indicator.
There was once something called the Hemline Index introduced by economist George Taylor in 1926. The idea was that the hemline of women’s skirts signed where the economy and/or the stock market were headed. Short skirts meant good times; a falling economy was
How Covid Put an End to Your Right to Due Process
The covid panic brought an end to due process in many ways. Among these are the end of speedy trials and the end of a timely hearing for landlords to obtain evictions. Meanwhile, governments have seized private businesses with no
Foreign Investment Is a Good Thing
The American economist Henry George once said of protectionism is the way to inflict on ourselves in peacetime what our enemies inflict on us in wartime. Note, in fact, that the American leaders ban American investments in Iran—so the American
Why Economic Models Can’t Provide a Realistic Picture of Human Behavior
While in the natural sciences a laboratory experiment can isolate various elements and their movements can be followed through, there is no equivalent in the economic discipline. The introduction of econometrics and model building is an attempt to produce a
How the Constitutional Convention Vastly Expanded the Powers of the President
All the articles of the draft plan having been considered by the convention, the amended draft was referred on August 31 to a grand Committee of Unfinished Parts. In the committee, the nationalists, not content with their plethora of victories,
We Should Be Skeptical of Death Certificates and Cause-of-Death Data
Historically, the overwhelming majority of Americans have ignored death certificates and the topic of how they are processed, produced, and compiled for purposes of government statistics. During 2020, however, death certificates rose to a level of unprecedented prominence in the United
“What Did Bob Learn?” Part 1 of 3
In response to a listener request, Bob starts a 3-part series explaining areas where his views have changed. In this episode, he covers trade deficits, justice vs. mercy, the 2000 election, WMDs in Iraq, and Arrow’s Theorem. Mentioned in the Episode
America’s Corporate Thought Police
It is no surprise that the corporate media tends to showcase and honor experts whose views tend to reflect the views of media pundits and editors themselves. The idea that the public might prefer other experts leaves these pundits in
Investors Won’t Buy the “Transitory” Inflation Line
Governments always justify printing more money with the excuse that there is no inflation. When inflation rises, they say it is transitory. And when inflation soars, governments blame businesses and shop owners, presenting themselves as the solution with “price controls.” Original
The Bogus January 6 Commission Poses a Real Threat to Freedom
“Truth will out” is the most popular fairy tale in Washington. Members of Congress are clashing over whether politicians will appoint an “independent” commission to reveal the facts behind the January 6 Capitol ruckus. Proponents are portraying the issue as