How to Profit From a Cartel Without Joining One

Adam Smith warned that people in the same trade rarely meet without the conversation turning to a scheme to raise prices. Antitrust enforcers on both sides of the Atlantic now suspect they can skip the meeting—a shared shareholder may do the job. In May 2025, the U.S. Justice Department (DOJ) and Federal Trade Commission (FTC)…

How to Profit From a Cartel Without Joining One

Brazil’s economic problems, in a nutshell

It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling cost of capital. Some analysts put Brazil’s real interest rate, the BCB’s policy rate adjusted for next year’s expected inflation, at 9% or…

Brazil’s economic problems, in a nutshell

I like maps

https://www.facebook.com/share/1HHueSz2X5/

Was 1800 (approximately) A Pivotal Year In Human History? Robert Fogel, Francis Fukuyama, And Deirdre McCloskey All Seem To Think So

Robert Fogel is a Nobel Prize Winning Economist. Here is something he said recently:”Technology rescued humankind from centuries of physical maladies and malnutrition, Mr. Fogel argues. Before the 19th century (1800), most people were caught in an endless cycle of subsistence farming.”See Technology Advances; Humans Supersize.Francis Fukuyama, author of the famous book The End of…

Was 1800 (approximately) A Pivotal Year In Human History? Robert Fogel, Francis Fukuyama, And Deirdre McCloskey All Seem To Think So

I like maps

Are Banking Systems Inherently Unstable? | @GeorgeSelgin | Hayek Program…

SIEPR Economic Summit 2026 | California Wealth Tax

Tinned Snoek: Britain’s Most Disliked Ration of the Second World War

Introduction to Microeconomics – Government Cartels – Murray rothbard

Vladimir Putin and western hypocrisy

Reading the final chapters of Orlando Figes’ excellent and highly readable history of Russia, about the rise of Vladimir Putin and the lead-up to the war with Ukraine, I found myself growing more sympathetic to Putin’s accusations of western hypocrisy, and began to make a list of examples. Putin is a dangerous monster, but sometimes […]

Vladimir Putin and western hypocrisy

Ridley: The forecaster’s paradox

Why does nobody see new technology coming?By Matt Ridley. He is a British writer who has a Ph. D. in zoology.My last post was an AI generated discussion between Jules Verne and Mary Shelley on the future of technology and how it would affect people.Ridley explains how hard it is to predict the future. Many technologies…

Ridley: The forecaster’s paradox

“Why Was the Fed Created?” with @GeorgeSelgin

Hermann Göring: The Rise and Fall of Hitler’s Most Powerful Henchman

Hermann Göring: The Rise and Fall of Hitler’s Most Powerful Lieutenant Hermann Wilhelm Göring was one of the most influential, flamboyant, and ruthless figures in Nazi Germany. A decorated fighter pilot from the First World War, he became one of Adolf Hitler’s earliest political allies, the founder of the Gestapo’s predecessor, the commander-in-chief of the […]

Hermann Göring: The Rise and Fall of Hitler’s Most Powerful Henchman

The Story of Russia by Orlando Figes 3: the rise of Stalin

These are my notes on chapter 9 of Orlando Figes’ immensely readable History of Russia. The previous chapter dealt with the revolution and the Bolshevik victory in the Russian civil wars. This one is about Soviet history in the 1920s and ’30s. New Economic Policy In the early 1920s, as they won the civil war […]

The Story of Russia by Orlando Figes 3: the rise of Stalin

The Story of Russia by Orlando Figes: 1 (2023)

In Soviet times, when Communism was its certain destiny and history was adjusted to reflect that end, there was a joke, which perhaps Orwell had in mind: ‘Russia is a country with a certain future; it is only its past which is unpredictable.’ ‘The Story of Russia’ by Orlando Figes, page 4) No other country […]

The Story of Russia by Orlando Figes: 1 (2023)

Previous Older Entries

In My Tribe

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coordination Problem

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Libertarian Land

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Arin’s Substack

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

David Andolfatto

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Monetary Non-Neutrality

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Reason Magazine

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Coyote Blog

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Thoughts from the North

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Fardels Bear

A History of the Alt-Right

Vincent Geloso

Econ Prof at George Mason University, Economic Historian, Québécois

Bassett, Brash & Hide

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market

Scholarly commentary on law, economics, and more

The Undercover Historian

Beatrice Cherrier's blog

Matua Kahurangi

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Temple of Sociology

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Velvet Glove, Iron Fist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Why Evolution Is True

Why Evolution is True is a blog written by Jerry Coyne, centered on evolution and biology but also dealing with diverse topics like politics, culture, and cats.

NoTricksZone

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Homepaddock

A rural perspective with a blue tint by Ele Ludemann

Kiwiblog

DPF's Kiwiblog - Fomenting Happy Mischief since 2003

The Dangerous Economist

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Watts Up With That?

The world's most viewed site on global warming and climate change

The Logical Place

Tim Harding's writings on rationality, informal logic and skepticism

Doc's Books

A window into Doc Freiberger's library

The Risk-Monger

Let's examine hard decisions!

Uneasy Money

Commentary on monetary policy in the spirit of R. G. Hawtrey

Barrie Saunders

Thoughts on public policy and the media

Liberty Scott

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Point of Order

Politics and the economy

James Bowden's Blog

A blog (primarily) on Canadian and Commonwealth political history and institutions

Science Matters

Reading between the lines, and underneath the hype.

Peter Winsley

Economics, and such stuff as dreams are made on

A Venerable Puzzle

"The British constitution has always been puzzling, and always will be." --Queen Elizabeth II

The Antiplanner

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Bet On It

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

History of Sorts

WORLD WAR II, MUSIC, HISTORY, HOLOCAUST

Roger Pielke Jr.

Undisciplined scholar, recovering academic

Offsetting Behaviour

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

JONATHAN TURLEY

Res ipsa loquitur - The thing itself speaks

Conversable Economist

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”

The Victorian Commons

Researching the House of Commons, 1832-1868

Books & Boots

Reflections on books and art

Legal History Miscellany

Posts on the History of Law, Crime, and Justice

Sex, Drugs and Economics

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

European Royal History

Exploring the Monarchs of Europe