Jonathan Newman joins Bob to explore the archaeological evidence for silver as money in ancient Mesopotamia, challenging Modern Monetary Theory and affirming Menger’s classic account of money’s market origins.
Crowley Maritime, an American shipping company, recently announced that it raised the U.S. flag on a 31-year-old French-built LNG carrier to comply with the Jones Act—a 100-year-old law—finally allowing for U.S. LNG to be shipped from the U.S. mainland to Puerto Rico through a loophole in the protectionist law. A Major Problem With Minor Relief Over 100 years ago, Congress passed the Merchant Marine Act of 1920, better known as the Jones Act, requiring all goods transported between […]
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Tweet Norbert Michel, writing in the Wall Street Journal, busts the myth that America’s middle class was killed by free trade. Three slices: Populists such as Vice President JD Vance argue that free-trade agreements cause middle-class wages to fall, hollowing out towns across America. Yet the only way to make this argument is to cherry-pick the data to death. The U.S. middle class has thrived over the past 40 years. In fact, Americans of all economic backgrounds have […]
4/5/1982: Justice Abe Fortas dies. Justice Abe Fortas The post Today in Supreme Court History: April 5, 1982 appeared first on Reason.com.
The same federal guidelines that once told Americans to eat 11 servings of carbs every day might soon advise against consuming any alcohol. If so, the new recommendation should be taken just as seriously as the old one. Those new federal dietary guidelines, set to be published later this year, could be the culmination of a yearslong effort by anti-alcohol activists and public health officials. To get this far, they’ve worked to shut out competing points of view […]
Di Logan Marie Glitterbomb. Articolo originale: Dey Turk Er Jerbs, or Why We Should Legalize Immigration, del 17 marzo 2025. Tradotto in italiano da Enrico Sanna. Argomento diffuso a destra è che i clandestini rubano il lavoro. Al che la sinistra risponde che si tratta di lavori, ad esempio nell’agricoltura, che gli americani non vogliono fare. Ma cosa li induce a pensare che gli americani non vogliono fare quei lavori? Magari lotterebbero per ottenere condizioni migliori, visto che […]
here’s a great deal of commonality in critiques of degrowth by left-wing “ecomodernists” and accelerationists like Leigh Philips (see my critique here), and right-wing libertarians like Steven Greenhut. Both are characterized by a high degree of conceptual laziness; this laziness is manifested particularly in a failure to clearly define what degrowth even is, instead playing on the negative associations of the term and rolling out a series of talking points that don’t honestly frame or directly address actual […]
