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  • Can You Pass This 8th Grade Mental Arithmetic Quiz from 1922?

    Can You Pass This 8th Grade Mental Arithmetic Quiz from 1922?0

    • November 2, 2017

    The other day I heard a young high school student ask his mother for a calculator. When asked why, he responded that he needed it to do a basic division problem. His mother rolled her eyes and told him that he could do that with a pencil and paper. I agreed with her assessment of

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  • Why This Communist Restaurant Failed

    Why This Communist Restaurant Failed0

    • November 1, 2017

    I frequently teach economics principles courses, offering many college students their first exposure to the subject. While we cover all the basics—supply and demand, elasticity (consumer and producer sensitivity to price changes), taxation, trade, and externalities—I’m under no illusion that most of them will remember a lot of the material come a year from now,

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  • Trump is Quietly Deregulating the Administrative State

    Trump is Quietly Deregulating the Administrative State0

    • November 1, 2017

    Most people alive in America today have probably never had the experience of sending a telegram. There are a host of reasons for this, the main one being that the telegram stopped being fashionable decades ago as burgeoning technology replaced its use in the modern world. The very last Western Union telegram was sent 11

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