There’s Oil in Them Thar Bolivarian Hills
Just not $17 trillion worth, more like $300 billion
The Power and the Money
Interesting stuff from a political economy perspective, with all the fun details
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The strange death of the declaration of war
Is not why Donald Trump was able to start Gulf War III on his own
Europe is a country
The European Union is just a federal government without an executive
Canada was poorer than Italy and richer than Britain? Yes
How could 19th-century Canada be as poor as Italy and richer than Britain at the same time?
The World Where China Pays Interest
Keynes’s lost plan for Bretton Woods and the alternate history it might have created
Unitary, Except at the Fed
The Supreme Court’s logic is defensible, its Fed exception is not, and Congress is the real problem
Economic history week
The World Cup is great, the Venezuelan earthquake is tragic, and American politics is depressing, so here is something completely different
America, Reviewed as Fiction
In honor of America’s upcoming 250th anniversary
Javier Milei’s Free-the-Machines Bill Gets Limited Liability Backwards
Limited liability worked because states built accountability around it; Milei's A.I. proposal starts by removing human responsibility
Fracking will not save the Mexican oil industry
Growth is good, but there’s a reason why the U.S. dominates the technology