WiFi bagel munchersHotel short sheetersLoosy goose dancersAmericas got talent watching weirdosYappy dog ownersGift card giversChristmas present stashed in closet stuffersMarijuana seed smokersThose who are down with O.P.P Wrong Size ShopliftersThose [ … ]
Fintech and Shadow Banks
“Fintech, Regulatory Arbitrage, and the Rise of Shadow Banks” is an interesting new paper by Greg Buchak, Gregor Matvos, Tomasz Piskorski, and Amit Seru 1. Shadow banks and fintech have [ … ]
Is US Manufacturing Really Great Again?
One chart, more than any other, has influenced people’s beliefs about the US manufacturing sector, as can be see by this debate here, and here (the latter a link to the [ … ]
Higher Education Racket
Student loan lenders are skimming tens of billions in profits guaranteed by the taxpayers. “Legal” rackets have two essential components: a public-relations “cover” that obscures the racket and the mechanism [ … ]
What’s Killing the Middle Class? (Part 2)
The Powers That Be are perfectly fine with your transition to proletarian debt-serf. Yesterday we covered the usual suspects in the decline of the middle class as a financial-political bulwark against oligarchy [ … ]
Fiscalization v Political and History
This post is not about our recent election, nor the last or the one before that, and before that, and before that and so on. And it is not about [ … ]
What’s Killing the Middle Class? (Part 1)
The rising asymmetry of rewards within our economy has many drivers. We all know the middle class that actually owns capital and wields political influence is shrinking. As I noted last [ … ]
Beware the Tech Oligarchs: ‘Don’t Be Evil?
This post has to be kept brief. I want to reduce the opportunity for vigorous debate or even an unvigorous one. “Go west young man” was the glass half full, [ … ]
Wonderful Loaf
A charming animated free-market poem by Russ Roberts, on the invisible hand, at http://wonderfulloaf.org The “read the poem” link includes much interesting annotation. Mild critique: I would rather the “planner” be [ … ]
The Marine Corps, 1966: Not Too Many Snowflakes
This is criminally long. It will probably leave no space on the internet for anything else. It was published in the magazine of Army Times in 1979. It describes a Parris Island that [ … ]










