Economy

Who Is Phil Clifton? Michael Burry Names Successor as Famed Investor Deregisters Hedge Fund.

Michael Burry, the famed investor known for his successful bet against the housing market during the 2008 financial crisis, has made headlines once again. Burry has officially terminated his registration

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Lasted Economy

Unshackling the Shackled Leviathan – Econlib

In a recent post, my co-blogger Scott Sumner made a thought-provoking statement that resonated with many readers. He compared the

Don’t Cap Credit Card Interest Rates

A New Perspective on Credit Card Interest Rate Caps There is a growing proposal to cap credit card interest rates

Elon Musk loses immediate battle to halt OpenAI’s for-profit transformation but gets OK for fast trial

In a recent legal battle, Elon Musk faced a setback in his attempt to block OpenAI and Microsoft from turning

How Today’s Egg Prices Scrambled Traditional Economic Theories

Late one night in 1989, economist Jeffrey Sachs found himself in a smoke-filled room of government officials in Warsaw, Poland.

Tariffs – Econlib

The stick version of reciprocity is that a country imposes tariffs in response to another country’s tariffs. This can escalate

China to raise defense spending by 7.2% in 2025

China's navy made a strong statement at the 2024 Zhuhai Air Show by showcasing its J-15T fighter jet, demonstrating the

Global stocks set for rebound amid hope of tariff relief

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

The evolution of sanctions – Econlib

Jordan Schneider's Interview with Edward Fishman on Sanctions Policy Jordan Schneider recently had a fascinating discussion with Edward Fishman, an