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Blog_2017_12_28_V2
Robert Hughes

Chicago Business Barometer Rises to Highest Level Since 2011

The Chicago Business Barometer rose to 67.6 in December, the highest level since March 2011. The results of the latest survey suggest continued economic growth for the region.

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MG_1228
Max Gulker

Economics Can Be Harder than the Hard Sciences

Why does it seem that economists can never agree on anything?

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vaderevil
Jeffrey Tucker

Krugman Said It: Bitcoin Is Evil

Nobody should celebrate a system of money and finance in which government controls the on-ramps and off-ramps based on political loyalties. That’s proven to be a very dangerous system. What we need is a censor-proof technology that can make prosperity possible for ever larger swaths of humanity. That’s not “evil”; it’s gloriously good.

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socialism
Jeffrey Tucker

The Many Delusions of Socialism Revisited

Sombart’s leftism became rightism but it was made of the same substance always: a loathing of regular people in their free choices and a longing for history to follow his own imaginings of what should be rather than what is.

Such is the core of socialist ideology: a delusion rooted in snobbery and, above all else, intellectual pretense.

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