Economics

Housing is an industry, but it is also where people live, raise families, and stake their future. Yet increasingly, all around the world, housing has increasingly become just a commodity to be traded  read more »

Over a long summer weekend a group of the usual suspects got together and rented a cabin in the Sierra foothills about three hours east of San Francisco. It was an idyllic landscape of modest homes tucked into the forest around a small lake.  read more »

An article in Salon by anti-capitalist Chris Hedges argues that our civilization is on the verge of collapse. As evidence, he points to the 65 percent decline of the population of St. Louis since 1950.  read more »

As in Sophocles’s tragedy Oedipus Rex, we are witnessing a generational drama in which inheritors kill their proverbial father to marry their mother, in this case Mother Earth. The psychology behind this pattern is above my pay grade, but many of the richest people on the planet, and their heirs, now seem anxious to disparage the economic system that created their fortunes.  read more »

As stories of new migration patterns and movement across Australia’s cities and regions abound, updated population data shows that what initially appeared to be a pandemic-induced blip is instead the beginning of a reversal of a long-term trend.  read more »

Free trade and open markets are great ideals. These principles, over the last few centuries, but especially since World War II, have created tremendous wealth, particularly in the developing world. But free markets were made for human society, not the other way around.  read more »

Global policy and politics, particularly in the high-income world, have been obsessed with dreams of a green economy. Imposing ever-more rigid methods to reduce greenhouse gas emissions as the way to “save the planet” is almost unchallenged in the media, academia, and corporate boardrooms of the developed world.  read more »

Burdened with a decomposing President and a clearly overmatched Vice President, the Democrats are on the hunt for a saviour. For many in the party, Gavin Newsom, the 54-year-old perfectly coiffed Governor of California, seems like the perfect solution.  read more »

While topics like “The Great Resignation” and “the labor shortage” have gained traction in popular discourse, much of these discussions overly simplify trends that have been brewing for decades.  read more »

With inflation soaring, trust in governments plummeting, and the global economy teetering on the brink of collapse, one might expect to see the masses out in the streets, calling for the heads of their rulers. But instead of rage and rebellion, we mostly see apathy. Rather than getting radicalised, people are dropping out.  read more »