In every country that has moved toward socialism, the phase of the development in which socialism becomes a determining influence on politics has been preceded by a period during which socialist ideals governed the thinking of the more active intellectuals.
Proponents of modern monetary theory have come up with their own idiosyncratic definition of savings in support of their theory. But the common usage of the term shows MMT doesn't work the way its supporters think it does.
The Left has an enormous desire to "do good to" the mass of other people. But since many people often resist, the leftist inevitably ends by reaching for the big stick with which to push the ungrateful masses around.
From rent to jobs, to marriage, government regulations are incessantly raising the cost of doing business.
The Left has an enormous desire to "do good to" the mass of other people. But since many people often resist, the leftist inevitably ends by reaching for the big stick with which to push the ungrateful masses around.
If Mises stopped short of affirming the full right of individual secession, it was only because of what he regarded as technical obstacles.
