According to the New York Times, 564 million Indian citizens don’t have toilets, indoor or outdoor. You read that right. Roughly half of India’s population goes without what Americans of all economic stripes take for granted, and that is standard […]
Every day, Google is used for billions of searches, making it the most popular search engine on earth. On Monday, September 11th, it appealed an EU decision that resulted in a $2.9 billion fine because the company firmly believes that […]
Before I begin, let me be clear that nothing I say should be taken as a slight against the institutions that were central to my upbringing. As far as schools go, mine were pretty good, and even now, I can […]
Yesterday, Trump spoke in front of the United Nations and declared that, if necessary, the United States would do “what it needed to do” to protect itself against North Korean threats. Standing on the floor of the U.N. General Assembly, […]
These days, it’s tough to avoid newspaper headlines warning that artificial intelligence is coming for your job. The problem is that, often, the only thing these oversimplifications get right is that there is, in fact, an important connection between automation […]
Nothing about Jamie Dimon’s anti-Bitcoin explosion (“Bitcoin is a fraud”) made sense. The timing was weird. After all, Bitcoin has proven itself the world over since its first proof-of-concept back in October 2009. There was no real news out there […]
It is a fact: the United States is one of the best spots in the world for freedom of the press. The courts do not stand ready to persecute people for saying and printing things merely because they annoy people […]
Amsterdam’s Tulip Fever has been a curiosity of economists for centuries. “Tulip Fever” the book was a bestseller in 1999. However, the average moviegoer was not curious about “Tulip Fever” the movie as it grossed short of $1.2 million over […]
Different people and cultures throughout history have had different perceptions on the morality of profits. Professor Deirdre McCloskey deserves special praise for her study on how people in some European countries during the 17th and 18th centuries began to view […]
Five years ago, the following would have been inconceivable. In a 48-hour period, the dollar/bitcoin exchange ratio dropped fully $1,000. A day later, half the gains came back. In the Bitcoin community, this was hardly discussed at all. Not even […]
As governments crackdown on the consumption of tobacco worldwide, an analysis of the consequences of these behavioral policies is of vital importance. One of the key measures of anti-smoking advocates is the ban on smoking inside bars. These rules have […]
