Why Did Texas Lose Power?
The accusation that renewable energy drove Texas’s power outages is a false flag, but placing blame on fossil fuels may be similarly unhelpful. In the end, nearly any energy source could have been dominant and Texas would have seen a similar crisis — not because of the inherent characteristics of a particular energy source but because of the severity of the weather event and the brittleness of the grid’s overall design.
Does GameStop Prove the Stock Market Is Rigged?
Retail investors worry about collusion between Wall Street and trading platforms, whose decision to limit trading effectively put an end to the short squeeze that big funds were trapped in. Meanwhile, Wall Street has lodged complaints about market manipulation that cost them billions. So, what really happened? Does the incident stand up to its underdog narrative or is it evidence that the stock market unfairly benefits Wall Street firms over everyday Americans?
Covid-19’s Economic Costs and the Stimulus Debate
The country has deep economic divergences, with record levels of personal savings and a booming stock market, but also millions facing prolonged unemployment or eviction. Should we be worried about stimulus measures that do too much or too little? What kind of stimulus will be the most effective for families across the country and the economy overall?