Judging from the popular embrace of Marxist figures like Che Guevara and the general praise for political leaders that try to stick it to businesses, it seems that to many, not caring about economics is somehow a virtue. As I casually...
Robin Hood is a popular character in English folklore. For centuries, western culture has been captivated by the tales of Robin Hood. From William Shakespeare to Walt Disney, those who have shaped culture and entertainment have told the tale of the heroic outlaw who “stole...
Free speech is usually considered a constitutional right, which is certainly correct. It’s also often discussed as a human right—also correct. But the benefits of free speech go further. Free speech acts as a gateway toward human improvement and the betterment of society. How, you ask?...
Free speech is usually considered a constitutional right, which is certainly correct. It’s also often discussed as a human right—also correct. But the benefits of free speech go further. Free speech acts as a gateway toward human improvement and the betterment of society. How, you ask?...
The recent story of Robinhood and the “short squeeze” on GameStop has raised the question whether Robinhood was doing some squeezing of its own, applied to the delicates of the small traders it serves. The comedian and renowned financial analyst John Stewart said it was...
The recent GameStop short-squeeze drama has riveted financial markets. Given the historic unpopularity of short sellers (e.g., Holman Jenkins has written that “short-selling is…widely unpopular with everyone who has a stake in seeing stock prices go up”), the resulting heightened invective against them is not a surprise. Unfortunately,...
Blank Section (Placeholder)Blank Section (Placeholder)Featured interview with Terry Andersonvia Fellow TalksPolicyEdHoover Daily ReportHoover Institution senior fellow Terry Anderson answers frequently asked questions from his "Renewing Indigenous Economies" videos on PolicyEd. Read the Full Article here: >Hoover Institution...
There’s a movement well underway to make it illegal for low-productivity workers to hold jobs. The idea is that people who are not productive enough to earn $15 an hour should not be allowed to work. Several states have already passed laws that will prohibit...
(Don Boudreaux) Tweet“Who’s Robbin’ Who?” My old buddy Roger Koppl has written a superb explanation of Robinhood, the Redditors, and the regulators. A slice: No one specifically decided to give the Redditors a smackdown. So everything’s great, then? No! The regulatory environment is not meant to...
One of the greatest discoveries of the 18th century did not come from physics or astronomy but from the nascent science of economics. It is the theory that if individuals independently and freely pursue their ordinary self-interest, the resulting social order will be efficient, that...