Teams of friends visit a shooting range. All the shots of team B are below and to the left of the bullseye. The shots of team C are scattered all over the target. Team B demonstrates bias. Team C ...

Ever since 1969, people have asked themselves why if humans can land on the moon, they can’t they solve pressing problems here on Earth, such as poverty, dementia and climate change. Mariana Mazzucato ...

This book is really two books. The first – which I found original and fascinating – is on the negative consequences of the widespread use of cash in modern economies. Although the point has been made ...

And no one puts new wine into old wineskins; or else the new wine bursts the wineskins, the wine is spilled, and the wineskins are ruined. But new wine must be put into new wineskins. Mark 2:22, New ...

This month’s budget in Britain will provoke yet another round of debate on austerity versus stimulus. But the issue of how we spend what we have is more important than the issue of what we spend.

Leave a Comment / By JK's Team / August 25, 2024 ← Previous Media ...

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Dominant companies may confer marginal benefits to consumers that are difficult, if not impossible, to estimate. However, antitrust authorities will do little wrong if they stick to the underlying ...

Taxi licensing illustrates regulatory capture, the phenomenon by which regulation intended to serve the public is hijacked by industry interests.

Leave a Comment / By JK's Team / January 14, 2025 ← Previous Media ...

Are the increasingly frequent failures in electricity supply the result of privatisation and deregulation? Occasional failures of the electricity supply remind us how completely life today depends on ...

The fate of ICI demonstrates how the market disciplines unsuccessful choices of strategy; in the case of ICI it is almost unfortunate that it does so. In 1926 four companies – Nobel Industries, United ...