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The Asymmetry of Bitcoin Scams Is All Very Sad
Here’s a financial and ethical principle you can generalize: if you’re liable for the downside, you deserve the upside. It…
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Why Government Lockdowns Mostly Harm the Poor
One of the worst policies a developing country’s government can make is to deprive its citizens from earning a living.…
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A Different Perspective on Cancel Culture
Cancel culture is riddled with its fair share of problems. While there are people who deserve cancellation, the majority of…
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Will Cash Soon Be Obsolete?
Calls for the US to adopt a central bank digital currency (CBDC) appear to be growing. China launched a digital…
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Owl Creek Bridge Redux?
The 1890 short story “An Occurrence at Owl Creek Bridge,” by Civil War vet Ambrose Bierce, teases readers with the…
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Existing-Home Sales Rise as Prices Hit a Record
Sales of existing homes rose 1.4 percent in June, to a 5.86 million seasonally adjusted annual (see top of first…
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No Science Is Ever Settled
“Just because you know a lot about shit doesn’t mean you know shit.”(overheard on Zoom) Purity is a poor test…
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Weekly Initial Claims for Unemployment Benefits May Be Plateauing Again
Initial claims for regular state unemployment insurance totaled 419,000 for the week ending July 17, a rise of 51,000 from…
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What Do Wildcat Banks Tell Us About Stablecoins?
Are stablecoins similar to notes issued by wildcat banks in the United States? Among some pushing for explicit regulation of…
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Sanctions Against South Africa and the Cuban Embargo
The protests in Cuba have shined new light on communism’s failures and sparked a new discussion about the US embargo.…
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