Economic Lessons

Machiavelli: On Change

“It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm...

The Rise of The Autocratic

The autocrat problem Prime Minister Viktor Orban of Hungary has used the coronavirus crisis as an excuse to further centralize authority. The European Union seems to be functioning better than the United States in some big ways right now. Europe has been far more...