Daily Economy
-
•
Why Ketchup in Mexico Tastes So Good
What is the source of this fixation on putting some variation of corn in everything we make and eat? From an economics perspective, it stems from two main sources.
-
•
A Simple Way to Open Global Trade
Although China and the European Union compete at close quarters with the United States for international-trade leadership, the latter has an ace up her sleeve: the world’s second highest de minimis thresholds (DMT), a little-known variable that greatly facilitates electronic commerce and retail sales.
-
•
Earthquake Economics
Let us not forget the contribution of free economies to making life safer. It wasn’t the regulations that made the difference. It was the innovations in the context of free enterprise.
-
•
Why Lottery Winners Are Sometimes the Unluckiest People
Lottery winners are thrust into a unique situation few others can understand. The struggles of many of these winners show the complexity of real wealth, which includes human and social capital, even though they can’t be measured on a balance sheet.
-
•
Hate the Patent Game, Not Valeant
The creators of Dirty Money have failed to interpret the significance of profits in an economic system. What in fact seems to be a case against capitalism, is actually a case against patent monopolies.
-
•
Fractional-Reserve Banking and the Sharing Economy
The future has a lot of potential awe-inspiring inventions coming down the pipeline. But while daydreaming about these, we shouldn’t forget to be in awe of the invention of fractional-reserve banking. Long before fancy apps, and indeed long before the internet even, it was solving our problems and making our lives better.
-
•
Crypto vs. Fiat: The Battle Is On
You might be living in a time in which you will experience the end of central banking and perhaps even fiat currency, and their replacement by a completely new system.
-
•
FATCA Makes Tax Cattle of Americans, Tax Collectors of Foreigners
Americans deserve to be treated like productive citizens, as opposed to tax cattle when they take their talents abroad.
-
•
Why a War on Guns Wouldn’t Work
The reason I think significantly tighter gun laws would be a fool’s errand can be summed up in four words: the War on Drugs.
-
•
Harwood’s Letter to Keynes, 1934
Dear Mr. Keynes: Much of your open letter to President Roosevelt, seems so appropriate to be above criticism…. Unfortunately, portions of your advice seem somewhat perplexing.
-
•
Why Ketchup in Mexico Tastes So Good
What is the source of this fixation on putting some variation of corn in everything we make and eat? From an economics perspective, it stems from two main sources.
-
•
A Simple Way to Open Global Trade
Although China and the European Union compete at close quarters with the United States for international-trade leadership, the latter has an ace up her sleeve: the world’s second highest de minimis thresholds (DMT), a little-known variable that greatly facilitates electronic commerce and retail sales.
-
•
Earthquake Economics
Let us not forget the contribution of free economies to making life safer. It wasn’t the regulations that made the difference. It was the innovations in the context of free enterprise.
-
•
Why Lottery Winners Are Sometimes the Unluckiest People
Lottery winners are thrust into a unique situation few others can understand. The struggles of many of these winners show the complexity of real wealth, which includes human and social capital, even though they can’t be measured on a balance sheet.
-
•
Hate the Patent Game, Not Valeant
The creators of Dirty Money have failed to interpret the significance of profits in an economic system. What in fact seems to be a case against capitalism, is actually a case against patent monopolies.
-
•
Fractional-Reserve Banking and the Sharing Economy
The future has a lot of potential awe-inspiring inventions coming down the pipeline. But while daydreaming about these, we shouldn’t forget to be in awe of the invention of fractional-reserve banking. Long before fancy apps, and indeed long before the internet even, it was solving our problems and making our lives better.
-
•
Crypto vs. Fiat: The Battle Is On
You might be living in a time in which you will experience the end of central banking and perhaps even fiat currency, and their replacement by a completely new system.
-
•
FATCA Makes Tax Cattle of Americans, Tax Collectors of Foreigners
Americans deserve to be treated like productive citizens, as opposed to tax cattle when they take their talents abroad.
-
•
Why a War on Guns Wouldn’t Work
The reason I think significantly tighter gun laws would be a fool’s errand can be summed up in four words: the War on Drugs.
-
•
Harwood’s Letter to Keynes, 1934
Dear Mr. Keynes: Much of your open letter to President Roosevelt, seems so appropriate to be above criticism…. Unfortunately, portions of your advice seem somewhat perplexing.