Slavery—Cronyism, Opportunity Cost, & Deadweight Loss

A modern misconception of antebellum slavery is that it “built the country.” Actually, the institution of slavery, economically speaking, was a deadweight

What’s More “Wicked” than the Crime of ’73?

Bob explains that the beloved Wizard of Oz movie involved an allegory of the bimetallism debates of the late 1800s.

The Jacobin Origins of Nationalism

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Why Does Government Always Make the Same Economic Mistakes?

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