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School Segregation and Busing: Lessons in Government Failure
While offered as an ostensible corrective to the very real injustices of the school segregation that preceded it, busing itself is also a form of politically directed and centralized social planning.
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Bitcoin Remains Vastly More Volatile Than Traditional Currencies
While reading tea leaves based on Bitcoin’s price to predict the cryptocurrency’s ultimate success is tempting, its day-to-day volatility is perhaps more important in determining its practicality as a store of value.
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Sentiment Fell in June Despite Gains in Income and Spending in May
Consumer sentiment fell slightly in June but remains at a high level while income and spending continued to grow in May. Tariffs and trade wars remain a significant risk.
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Here’s What Wrong With Bernie’s Plan to Eliminate Student Loan Debt
If we want to get serious about the student loan problem, we should focus less on the point of repayment and more on the point of origination.
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Almost Everything People Say about Big Business Is Wrong
For all its imperfections, American business does a pretty good job — a much better job, Cowen argues, than most people think, and I, for one, agree.
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Let’s Revive the Term Individualism
If you do not want to surrender the term “liberal” to soft collectivism, then speak of individualist liberalism rather than classical liberalism.
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