American culture wars are not the product of religious fundamentalists or even activist groups. They exist because of state interference in the private lives of individuals. Original Article: Government Is the Hidden Hand Directing the Culture Wars

According to a relatively new economics field called Behavioral Economics (BE), one’s emotional state rather than reason influences their economic decisions. Vernon Smith, the BE economist who won a Nobel in economics, wrote: People like to believe that good decision making is a consequence of the

The alarming events taking place in the Middle East are growing worse and have more than a small potential to entangle the United States in another foreign war. Hamas’s well-coordinated, surprise attack on Israel from Gaza clearly blindsided Prime Minister Benjamin Netanyahu’s government. However, Israel

Fiscal explosion is not in the economic dictionary. But in the foreign exchange markets and bond markets this intuitive concept has sometimes powered a narrative which drives long-term US interest rates and the dollar upward in tandem. The puzzle to explain at such times, whether

The affordability crisis is upon us. Housing, food, you name it, life is becoming expensive. The government blames business, but perhaps government officials should look in the mirror. Original Article: How Inflationary Money Causes the Affordability Crisis