Should We Be More Like Scandinavia?

Looking at Scandinavian taxes, we can see the tradeoffs that government provided healthcare, university tuition, parental leave, and elder care require.

Deciding What We Mean By Socialism

With the progressive side of the Democratic Party in the news, defining socialism has become a political issue that we need to clarify.

Why Venezuelans Might Launder (In a Washing Machine) Their Dollars

The U.S. dollar is a handy backup when a country’s currency loses its value. After Zimbabwe’s hyperinflation hit its peak (or its nadir) in 2009, they used U.S. dollars but didn’t have enough. So, when the cash got too gray…

Airplane Window Shade Wars

Rather like the reclining chair debate, the battle of the airplane window shade has also become a source of passenger conflict.

What North Korean Workers Did With Their Choco Pies

While the North Korean economy is centrally planned, the Choco Pie is a tiny example of the how a market system develops.