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The Interesting Lies of Samuelson: How We Naively Believed the Case of Giffen Goods

If economics has its Unicorn, it would be the Giffen Good, the good that would seem to defy the Law of Demand. While economists have played around with Giffen Good scenarios, in reality, finding it is even more unlikely than sighting a unicorn.
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Jun 10, 2026 / Dave DeCamp
Bulgaria To Stop Sending Military Aid to Ukraine
Bulgaria’s new government will stop sending military aid to Ukraine, the country’s defense minister said on Tuesday, as the more than four-year-old war grinds on with no end in sight. “We have already made it clear that the war in Ukraine will not be resolved on the battlefield,” Defense Minister Dimitar Stoyanov told reporters, according […]
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Apr 10, 2026 / Andrew P. Napolitano
Killing and Indifference
Is personal freedom a reality or a myth? Does the government execute the will of the governed or the will of those who finance its officials? Does the Bill of Rights restrain the government? Are the levers of government power pulled by those the governed have elected or those we don’t see? Do elections change […]
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Apr 7, 2026 / Tyler Durden
Iranian Kurdish Groups Deny Receiving US Arms After Trump's 'Guns For Protesters' Remark
Iranian Kurdish Groups Deny Receiving US Arms After Trump's 'Guns For Protesters' Remark Via The Cradle Several Iranian Kurdish opposition groups on Monday denied reports that the US had armed them during anti-government protests and riots that erupted in January, leaving over 3,000 Iranians dead. Mohammed Nazif Qaderi, a senior official from the opposition Kurdistan Democratic Party of Iran (KDPI), called the reports "baseless," saying, "We haven't received any weapons. The weapons we have are from 47 years ago, and we obtained them on the Islamic Republic's battlefield, and we bought some from the...
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