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Economics

How Millennials Can Avoid the Glue Factory

There was one type of employee that was essential to the Industrial Revolution—until it wasn’t. Everyone interacted and depended on this hard worker, whose number peaked at 3.25 million in England alone by 1901. Yet by the 1920s, their number had been cut in half...

5 Classic Science Fiction Novels that Celebrate the Free Market

In my last post, we discussed a recent, fallacious claim that classic science fiction from the 20th century was monolithically anti-free market. As I would assume is common knowledge, the anti-statism triumvirate of George Orwell’s “Nineteen Eighty-Four,” Aldous...

A Tale of Broken Windows and Fallen Trees

When discussing an earlier article about sunk costs with an acquaintance, he expressed agreement about how important, and yet, little understood this topic was. He told the story of an experience he had at work where he wished he had been equipped to explain to his...