How Facebook and Friends Used Capitalism to Wage an Ideological War on America
In twenty-first century America, millions of Americans—Christians and social conservatives especially—are finding that the nation’s most influential institutions appear to be implacably hostile toward them. These institutions include universities, public schools, the news media, and government bureaucracies. Moreover, corporate America has
The Revised IT Rules – Do the Pros Outweigh the Cons?
The new IT rules called the ‘Information Technology (Guidelines for Intermediaries and Digital Media Ethics Code) Rules’, described as “soft-touch regulatory architecture” by the government have been issued in February 2021.Social media intermediaries got a stipulated time period of three
Canadian Secession: Then and Now
In November 1837, rebellion stirred in the British colonies of Upper and Lower Canada (modern-day Ontario and Quebec). In Lower Canada, the rebel group the Patriotes had just won the Battle of Saint-Denis against British forces and, with the news of rebel
The Economics of the Extended Family: From Risk Management to Human Capital
When we think of analyzing economic organizations, we generally think of firms and corporations. But there is another organization that is just as critical to economic development: the extended family. Indeed, the advantages offered by this institution are numerous and include risk sharing,
Why Is the French Government Running Off Foreign Investors?
Most people understand that it's a good thing when others invest money and capital in your community. But when Canadian investors offered to pour money into France as part of a deal to buy a French company, the regime said
Forget Hemlines. Mom Jeans Are Now an Economic Indicator.
Many have long speculated that there is a correlation between economic prosperity and the length of women's hemlines. But perhaps it's now "mom jeans," with their high waists and ample fit, that indicate the true state of the economy. Original Article:
A Libertarian Approach to Disputed Land Titles
The recent spate of bombing violence in Israel's West Bank, East Jerusalem, and Gaza demonstrates the enduring attachment both Israelis and Palestinians have to physical land in the country. Both sides make claims—legal, moral, and political—to land within Israel, from
Covid Inside Rural India
The second wave hit almost everyone by surprise when the government had almost declared a victory over Covid in late February/March and people lowered their guards in following Covid appropriate behavior.The contagion started surging around late March in Mumbai, spreading
The Fed’s Policies since the 2020 Coronavirus Panic
[This article is part of the Understanding Money Mechanics series, by Robert P. Murphy. The series will be published as a book in 2021.] In chapter 7 we summarized some of the major changes in how central banks have operated since the 2008
Entrepreneurs Are Motivated by Profit, Not Risk
According to modern portfolio theory (MPT), financial asset prices fully reflect all available and relevant information, and any adjustment to new information is virtually instantaneous. For instance, if the central bank raises interest rates by 0.5 percent, and if market participants