Three Overlooked Benefits of Self-Driving Cars
Self-driving cars may not be widespread just yet, but it’s only a matter of time before they become…
How Interest Rates Set Asset Prices: One Weird Trick
What determines the price of a stock, bond, or other income-producing asset? Interest rates play a…
Physics Meets Finance: Theoretical Consequences of…
In a remarkable feat of modern physics, scientists at the Large Hadron Collider have managed to…
DEI is a Con: Five Hallmarks of a Hustle
The retreat of DEI may be one of the biggest political and cultural reversals in recent history.…
John Milton, Eric Weinstein, and the Battle for the…
Investor and podcaster Eric Weinstein recently argued that free speech is overrated. While…
Could Quitting the United Nations Backfire?
Many Americans now view the United Nations unfavorably, with only 52 percent expressing a positive…
Why California Gas Prices Are the Highest in America
California leads the nation in more ways than one — taxes, regulations, and, once again, gas prices.…
Social Security is Not a Ponzi Scheme, but in One Way…
In a recent interview with Joe Rogan, Elon Musk said, “Social Security is the biggest Ponzi scheme…
Trade Negotiations aren’t Chess, Poker, or Go. They’re…
Trade negotiations are often mischaracterized as adversarial contests akin to warfare or chess. (The…
Regime Uncertainty and Market Uncertainty
The Great Depression formally began in August 1929, two months before Black Tuesday. Initially, the…
