Globalization and Political Structure “Borders hamper trade. In its early stages, the political response to globalization consists of removing borders by increasing country size. War is then an appealing way of conquering markets. In its later stages, however, the political response to globalization is to remove the cost of borders by creating international economic unions. […]

The Feedback Loop from Hell “Because here’s the thing that’s wrong with all of the “How to Be Happy” shit that’s been shared eight million times on Facebook in the past few years—here’s what nobody realizes about all of this crap: The desire for more positive experience is itself a negative experience. And, paradoxically, the […]

ARNOLD Riley Hooper

The Roman Loophole That Could “…the entire edifice of Western civilization – all the cultural, social, and philosophical structures that define the world in which we live today – can be traced back to a stupid loophole in Roman inheritance law.”

How to Think Like an Economist “That economics is about people means that economists cannot ethically undertake large-scale experiments. Economists cannot set up special situations in which potential sources of disturbance are reduced to a minimum, then observe what happens, and generalize from the results of the experiment (where sources of disturbance are absent) to […]