Political Theory

A society in which [classical] liberal principles are put into effect is usually called a capitalist society, and the condition of that society, capitalism.

Many people on the left regard economics as neither a science nor a principled field of study. For them, economics is just a pseudo-science invented as corporate propaganda, and people who push "free-market economics" do so because they are either evil or brainwashed by corporate masters.

Paul Krugman seems to think those who like freedom and free markets are somehow responsible for the current mess brought on by crippling government debt and an enormous federal budget.

Politicians and bureaucrats often fail to deliver what's promised because the very nature of government makes it impossible for them to succeed.