Categories Politics

Risk, Uncertainty, Profits, and Modern Portfolio Theory

December 15, 2025

While Modern Portfolio Theory (MPT) is popular in academic economics and finance, it fails to properly explain profits, mistakenly confusing entrepreneurial profit

Categories Politics

How Religious Freedom in America Was Founded on Privatization and Decentralization

December 15, 2025

The drive to religious freedom in America was carried out overwhelmingly in the state legislatures—and the federal First Amendment had almost nothing

Categories Politics

How the the Farmland Protection Policy Act Has Socialized Farm Land

December 14, 2025

For more than 40 years, US farm policy has socialized farm land and transferred wealth to politically-connected people.

Categories Politics

The Farmland Protection Policy Act: Crisis Politics and the Quiet Socialization of Land

December 14, 2025

For more than 40 years, the Farmland Protection Policy Act has socialized US farmlands and transferred wealth to politically-connected people. What it