How Many Covid-19 Deaths Are Too Many?

We are responsive to the view that a pandemic ends when people say that it ends. Despite the more casual attitude toward Covid-19 in diverse geographies, statistics remain sobering, at least here in the United States. According to the Center for Disease Control, some 120,000 people died directly from Covid-19 in the first three months of 2022.

Privately-Held Rubens Has New Owner, At a Discount

Peter Paul Rubens is one of the masters of seventeenth century painting. Known for fluid depictions of religious and mythological characters, Rubens is an essential part of the collection at the Prado and the Metropolitan Museum of Art, among other cornerstone museums. We were intrigued when one of his notable works, “Portrait of a Lady” was scheduled

For Beijing, Zero-Covid Is a Political Achievement

China has a healthcare-infrastructure problem. Its workforce of doctors and nurses, as well as its network of clinics and hospitals, are woefully inadequate for a population of 1.4 billion. The state aims to avoid the upheaval associated with a rampant, nationwide Covid-19 outbreak, whether sparked by Omicron or a now-unknown variant.

What Is the New Variant of Capitalism?

Our economic system is taking new form. In many respects, we are heading down a similar road to what we saw in the 1980s: a revolt against then-orthodox Keynesian policies. Only this time it is a revolt against the Austrian idea of political economy, tied to the writings of Friedrich von Hayek. Notions of trickle-down wealth, free-trade arrangements,

Beijing Redefines Its Approach to Bitcoin

Digital-asset news in US has been focused on the direct listing of crypto exchange Coinbase, but something far more import is brewing in China. The deputy governor of the People’s Bank of China, Li Bao, has now asserted that Bitcoin is an “investment alternative,” in a conference presentation at the exclusive Boao Forum for Asia.

Washington Turns Sober, Wall Street Looks Buoyant

While data and instinct both suggest that Biden will take the November election, his ascent to the White House is hardly a panacea for the challenges facing America. Those who are economically and socially disenfranchised are not going to see an overnight transformation in their living standards. Rather than a victory for the Democrats,