Only Power Can Check Power

The Day Civilization Runs Out Of Bread Will Not Feel Like Fiction Authored by Madge Waggy, For nearly three decades, much of the modern world behaved as though the nuclear age had quietly expired sometime in the early 1990s. The collapse of the Soviet Union created the comforting illusion that humanity had stepped away from the edge permanently, as if the terrifying balance that defined the Cold War had dissolved together with old political maps. Younger generations grew up hearing about nuclear drills, fallout shelters, and atomic panic the same way...

Murray Rothbard famously asked Cui bono? to help unearth government scandals. Kenya’s politicians certainly benefitted from the Eurobond affair.

US Home Prices Dipped In February For First Time Since June 2025 For the first time since June 2025, US home prices (in the largest 20 cities) fell in February (by 0.05% MoM) according to the latest (admittedly lagging and smoothed) Case-Shiller data. The decline comes after prices surged into the turn of year and has now dragged the YoY gain in prices down to just +0.9% - the weakest since July 2023.  The trend is clear across almost every city... Given the lag in Case-Shiller data, one could argue that prices should...