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July 7, 2023

The 21st Century Decline of Economic Freedom

From 1850 to 2020, industrialized economies went from roughly $3,000 per capita to $40,000 per capita, inflation adjusted. This was also a period of expanding economic freedom, as documented in…

June 28, 2023

Is ‘Bidenomics’ Even a Thing, Really?

The White House is saying that President Biden’s speech today in Chicago will be on the subject of “Bidenomics.” The choice to use that term is a meaningful one, according to the Financial…

June 15, 2023

Instead of ‘Late Capitalism,’ Maybe the US Economy Is Still in ‘Early Capitalism’

So how is the twilight of capitalism working out for you? What, you didn’t realize that you were living through “late capitalism”? Before I go on, let me first explain…