Paul Krugman recently argued that the Federal Reserve can engineer a "soft landing" for the economy as it tries to deal with inflation. Such a view ignores economic realities.
Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.
«Paine no sólo puso al descubierto las raíces de la monarquía, sino que proporcionó una brillante visión de la naturaleza y los orígenes del propio Estado.»
Egalitarian liberals think that basic liberties can be violated in the quest for equality and even that "the natural duty to promote justice straightforwardly implies a duty to establish states."
