America’s Supposedly Socialist History
A new book makes the dubious case that American history has been a long fight against the free market.
Capitalism
Twitter’s Merkel Problem
On the menu today: Twitter’s escape into a trap, the boredom market hypothesis, losing a Bitcoin password, Rhodium’s colossal run, and monkeys and money.
Sustainable Industry Sustained by Forced Labor?
There's more to ‘being green’ than apparently meets the eye.
End Discrimination in Bank Lending
Containing access to capital for politically unpopular businesses distorts markets and disenfranchises voters.
Innovation: Elusive, Hard to Measure but Essential
Capitalism best cultivates innovation because it provides the incentive for firms to survive and thrive as well as the freedom to explore.
The Children’s Crusade
‘We are reconfiguring the societal order to reallocate assets towards a justice-based economic model that ensures equity and prioritizes sustainability!’
Counting the Shareholder Out: When the Ruling Class Changes the Rules
A ‘socially responsible’ numbers game.
New York Plays Politics with Pension-Fund Money
On the menu today: New York State’s retirement fund to divest from fossil-fuel companies (and other miscreants), Bitcoin as strategy, bubble fun with SPACs and food, not seeing the wood ...
Legislation by Regulation — The Accountants Are Moving In (Shareholders Left Out)
On the menu today: Sustainability by fiat, Milton, Nikola and Paradise Lost, the IMF’s net-zero fantasy, renters in trouble, and two tales of discontinuing catalogues: Sears and Ikea.
Wall Street, Woke Capitalism, and China
On the menu today: Wall Street and China, Chinese debt and “Lake Woebegone” ratings, Europe’s banks, lawyers seeing green, and Poland flunks an Estonian tax lesson.