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Economics

Canada vs the 51st State

Just because something makes sense on paper, does not mean you should do it. “Until 2022, a full-scale invasion of Ukraine by Russia was simply inconceivable. Then Putin did it. Things seem impossible until they aren’t—it only takes the right… Read More »Canada vs the 51st State

Iran

It is just a stupid war. “Although Iran is exposed to all these external threats given its location, it’s huge. With 1.7M km2 and a population of 90M people, it is 70% larger and has more population than Afghanistan and… Read More »Iran

The Gaza Trap

Tough situation if there ever was one. “So Gazans are trapped.They are trapped by the religious goals of Hamas.They are trapped by their bitterness against Israel and the losses of the last century.They are trapped by a public opinion at… Read More »The Gaza Trap

Pax Mercatus

Trade matters. “Now imagine that trade starts growing on a river. Naturally, you’re going to have bandits trying to steal your goods. This disrupts trade and makes everybody poorer. So the king pushes to enforce peace in their part of… Read More »Pax Mercatus

Why Some Cities Thrive

Some patterns emerge. “once sailing technologies developed, the sea had something special that none of the other lines had: It allowed to easily trade not just with cities connected to your roads or rivers, but with any city on the… Read More »Why Some Cities Thrive