The Dark Magic of Promotio Competitio

Promotio Competitio is a magic spell, more potent than many others. Neither Harry Potter’s Expecto Patronum, which drives away horrifying Dementors, nor Hermione Granger’s Obliviate, which made her parents forget […]

China: House Divided

There have been claims that China’s enormous economic growth and widely shared prosperity are the result of turning to capitalism. I think this is not true; China is not capitalist. […]

Where Is the Free Market Utopia?

The Great Reversal defends a provocative and surprising thesis: the United States has given up on free markets while Europe has embraced them. As a result, Europeans pay less and get […]