Coming to grips with the failure of lockdowns is important for several reasons. Dozens of studies show that lockdowns were an ineffective pandemic response. The list just got longer. In May, You

When a government official can determine how essential someone’s livelihood is, everyone is vulnerable. A few months ago it may have been difficult to imagine a world where going to work, operati

India has an estimated 8 million people invested in cryptocurrencies. A blanket ban would be a very poor decision. The Indian government is expected to propose a bill that would give cryptocurr

There are no solutions. There are only trade-offs. In a typical year the world emits over 51 billion tons of greenhouse gases, and as we keep doing that, the consequences for human life will be cat

New Zealand’s experience is one of numerous examples in which socialism caused ruin that capitalism then fixed. For producing both material goods and personal fulfillment, freedom makes all the d

For the duration of the pandemic, while hundreds of thousands died and the world economy was decimated by lockdowns, Moderna's highly effective vaccine was available. Few people realise that the Mo

A new NBER paper titled “Why Is All Covid 19 News Bad News?” shows how US media fanned the flames of public panic. On February 18, the Oxford Mail published an article headlined “Scientists w

Blockchain technology has profound implications not only for currency, but for society at large. Transactions and contracts, along with their records, are pillars of our legal, political, and econo

Restaurants, bars, health-beauty, and retail are among the sectors hardest hit, a new Yelp report shows. Anew economic impact report from Yelp shows that a majority of businesses on the platform th

The Chinese philosopher Zhuang Zhou (aka Zhuangzi) is credited with working out one of the most important economic concepts in the world: spontaneous order. There is a famous scene in The Matrix