Economy
Pin factory, 40,000 BC
Adam Smith, the renowned economist, famously observed the impact of specialization on productivity in a pin factory where different individuals specialized in each subtask involved in manufacturing even a simple…
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Lasted Economy
Can We Morally Assess Business?
Businesses are often portrayed in a negative light, with accusations of greed, selfishness, and immorality being common in the media…
Beware of Economic Misconceptions – Econlib
Economist Herbert Stein, reflecting on his time in the Nixon Administration, highlighted two key lessons he had learned. Firstly, economists…
Stocks Fall as Traders Dial Back Fed-Cut Wagers: Markets Wrap
Stocks took a hit as traders adjusted their expectations for Federal Reserve rate cuts, causing Treasury 10-year yields to climb…
Reclaiming Tribalism (with Michael Morris)
The South Korean soccer team was not doing well, and the country was desperate for a win on the world…
Banks and tech companies at odds over online fraud liability in UK
The battle over who should be financially responsible for compensating victims of online fraud in the U.K. is heating up,…
Activist Starboard Value Takes $1 Billion Stake in Pfizer
Activist investor Starboard Value has recently made a significant move by taking a stake of approximately $1 billion in Pfizer…
Robinhood launches crypto transfers in Europe in push overseas
Robinhood, the popular retail investing platform, has expanded its product capabilities in Europe by allowing customers in the European Union…
My Weekly Reading for October 6, 2024
Fiona Harrigan, a well-respected writer for Reason, recently discussed a bill that had both positive and negative implications for immigration…