There’s a price for every good and service. Always and everywhere. This is a notable point at the moment, and in light of the never-ending talk about whether home insurers will or will not continue to write policies in states like Florida. At first glance, looming exits read as very simple: hurricanes of the […]
Price Controls (Not Global Warming) Drive Insurers Out of Florida Read More »
ber really started to become a thing in 2012. It was a spectacular revelation. Gone were the days of worrying about calling a cab or hailing one in order to get to the airport. Similarly gone were the days of worrying about being able to secure a ride in bad weather. Thanks to “surge
Book Review: Andrew Chow’s ‘Cryptomania’ Read More »
Do you the reader transact with cryptocurrencies? Do you store wealth in them? Particularly if the answer is no, it’s useful to think about such an answer in light of a recent national poll conducted by The Digital Chamber. It’s evident that change is afoot, and the latter is perhaps rooted in growing familiarity with, and
The Rising Political Power of the Crypto Voter Read More »
“They’re on track to becoming the richest person on earth eventually.” Those are the words of Cullen Hoback, creator of a new HBO documentary (“Money Electric: The Bitcoin Mystery”) which purports to having perhaps uncovered the actual person behind “Satoshi Nakamoto,” creator of Bitcoin. To be fair to Hoback, he’s not offering certitude, rather he speculates
‘Satoshi Nakamoto’ Is Why Bitcoin Will Never Be Money Read More »
The protectionist attacks on TikTok continue, this time care of thirteen state attorneys general and the District of Columbia. The New York Times reports that the multi-state lawsuit against TikTok is rooted in the accusation that it’s “creating an intentionally addictive app” that is allegedly harming teenagers and children. The very accusations raise obvious questions. Seriously,
Businesses Exist to Dominate the Markets They’re In Read More »
In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and “producers don’t produce it.” Only for Friedman to go off track with the observation that “too much government spending” does produce inflation. Ignored by Friedman was that governments aren’t some kind of other capable of extracting spending power from Pluto,
As Economists Do Now, Milton Friedman Got Inflation Wrong Read More »
Founded in 1868, Wayne State University is located in Detroit. It’s no insight to write that it’s a lesser-known Michigan college relative to University of Michigan, Michigan State, and perhaps even Eastern, Central, and Western Michigan. What’s interesting about Wayne State is that despite it being not as well-known as other Michigan schools, it
Famous Wayne State Alums Reveal the Shame of Federal Student Loans Read More »
For the longest time banks have relied on the law to protect the private property of their account holders. Ironically, those same banks increasingly find themselves in the unenviable position of protecting themselves from the law. Consider Sen. Elizabeth Warren’s Protecting Consumers from Payment Scams Act, co-sponsored with Sen. Richard Blumenthal & Rep. Maxine Waters. Warren, Blumenthal
Elizabeth Warren’s Payment Scams Act Will Subsidize the Scammers Read More »
Back in the early 1990s, an oil-change service business ran a clever ad campaign which said “We’re not trying to change your oil, we’re trying to change your oil.” Get it? The ad springs to mind as the Department of Justice (DOJ) attacks Google and its alleged monopoly on search. Implicit in the DOJ’s
Google Has Great Shelf Space Because It Rates Great Shelf Space Read More »
Bikes were “as indispensable to a Chinese as a car to twentieth century Americans.” Those are the words of Fox Butterfield from Alive In the Bitter Sea, his 1982 book about communist-era China. Call Butterfield’s account of just some of communism’s myriad horrors essential reading when it comes to attaining a tangible grasp of how
The Sickening Cruelty of Life When China Was Actually Communist Read More »
