Escaping grinding deprivation has been the aspiration of humanity since the dawn of time. Now that many of the planet’s peoples are blessed with sufficient means of survival — and some with plenty — a trendy narrative threatens to turn the dream into a nightmare. Read More ›
Economics is the study of how human beings create value for one another. Value is a function of how intelligently we organize things like atoms, musical notes, words on a page, pictures on a screen, and bits in software. The quantity of things is important, but it’s the value of things that count. And value can change as fast as people can change their minds. Read More ›
