At long last, MrBeast may have gone too far. His Sept. 27 video “Would You Risk Dying For $500,000?” poses the question to professional stuntman Eric, who is put through a variety of fire-related “death traps.” Eric begins the video in a burning building, tied to a chair, and must fight his way out, scooping […]
Tag: wealth
Nigeria: How Resource Wealth Trapped a Nation in Neo-Feudalism
In the heart of Lagos, a crowd gathers—voices raised in unison, banners waving with the words ‘End Bad Governance.’ It’s 2024, and Nigerians have had enough. Economic hardship, soaring inflation, and corrupt leadership have driven thousands to the streets. They are protesting against a system where oil wealth trickles up, but never down. Nigeria boasts […]
The Curious Task of Redistributive Taxes: Inheritance and Corporate Taxes
Frederich Hayek famously said “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.” Professor Mario Muzzi, economics professor and department chair at the University of San Francisco, recites this quote from memory. In other words, his message is that the intended outcome […]