IN HIS LOVE of lucre Donald Trump can be crass. In their pursuit of efficiency, free-marketeers can be, too. Consider the sale of citizenship. Most people dislike the idea of treating national belonging as a commodity. Yet a dozen or so countries hawk passports and more than 60, including America, offer residency in exchange for an investment or donation. The country’s “golden visa” scheme is cumbersome, underpriced and inefficient. On this point, the president and the market agree.
We are in the midst of America’s biggest moral panic since 2001. I call it the influencer apocalypse because it...
The war of words between President Donald Trump and Fed Chairman Jerome Powell has been revealed as largely histrionic. Like...
U.S. Treasury Secretary Scott Bessent arrives to meet Spain's Foreign Minister Jose Manuel Albares, to continue discussions on trade, economic...
0:37Intro. Russ Roberts: Today is July 24th, and my guest is engineer and writer Brian Potter of the Institute for...
QUESTION: Marty, you have said it. This is the worst crop of leaders in Europe in all history. Now...
Yves here. In Friday’s Links, reader Michaelmas made some important observations about the US nuclear fuel model, which does only...
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