economics

Woke Capitalism’s Tragedy of the Commons

Woke Capitalism’s Tragedy of the Commons

Woke capitalism is rational, but it is also unsustainable.

Ilya Levine
Ilya Levine
6 min read
Politics
Piketty’s Progress

Piketty’s Progress

A review of A Brief History of Equality by Thomas Piketty, Belknap Press, 288 pages (April 2022) As I write this, the city of Rotterdam is considering a request to dismantle one of its historic bridges to grant Jeff Bezos’s super-yacht (too monstrous for normal ports) safe passage to

Jared Marcel Pollen
Jared Marcel Pollen
10 min read
Politics
The Dangers of Western Complacency

The Dangers of Western Complacency

Russia’s invasion of Ukraine has revived the Western alliance. After years of drift and self-doubt, the West has been reminded of its historic and institutional uniqueness by seeing the contrast between the atavistic revanchism of Vladimir Putin and the heroism of Ukraine’s defenders. Once again, our collective purpose

Fredrik Erixon and Dalibor Rohac
Fredrik Erixon and Dalibor Rohac
6 min read
Politics
Serfing the Future?

Serfing the Future?

Land ownership has shaped civilizations from their beginnings, with a constant interplay between great powers—the aristocracy, the state, the Church, the emperor—and those below them. History has oscillated between periods of greater dispersion of ownership, and those that favored greater concentration. Today, we live in an era of

Joel Kotkin and Wendell Cox
Joel Kotkin and Wendell Cox
11 min read
Politics
Moral Relativism and the Bottom Line

Moral Relativism and the Bottom Line

A surgeon, an engineer, and an economist all die around the same time and are met at the Pearly Gates by St. Peter. “Welcome good souls! Welcome! You’re in the right place,” he informs them. “But, unfortunately, we have a shortage of mansions so two of you will need

Jefferson Crow
Jefferson Crow
12 min read
Politics
The Problem with the Diversity Dividend

The Problem with the Diversity Dividend

The last decade has seen Corporate Social Responsibility metastasize into what has become known, derisively, as “woke capitalism”—a new vision of companies as agents of radical social change. The outward face of this shift has been a torrent of adverts and products laced with political messages. Ben and Jerry’

William Malcolmson
William Malcolmson
8 min read
Politics
Diamonds Aren't Forever
(And Neither is Your Love)

Diamonds Aren't Forever (And Neither is Your Love)

Diamond is the most valuable, not only of precious stones, but of all things in this world. ~Pliny The Elder Loving someone, and having them love you back, is the most precious thing in the world. ~Nicholas Sparks, The Notebook At age 11, I first glimpsed the bewildering anthropologic spectacle

Rob Brooks
Rob Brooks
13 min read
Sex
The Peculiar Economics of 3D Printing

The Peculiar Economics of 3D Printing

Klaus Schwab, the executive director and founder of the World Economic Forum, forecasts that, as part of the Fourth Industrial Revolution, smart manufacturing will converge with synthetic biology and AI to have a transformational impact on the economy and our daily lives. Smart manufacturing is a form of advanced industrial

Randall Mayes
Randall Mayes
9 min read
Science / Tech