Alon1

Ilan Alon is Professor of International Business at the School of Business & Law, University of Agder, Norway, an

Americans are Falling into the Socialist Trap by Blaming Capitalism for the Damage of Statism.

Americans are falling into the socialism trap by not realizing that solving big government problems with an even bigger one is dangerous. Many blame capitalism for their affordability problems, when the true cause is statism. Statism is the gradual replacement of civil society, markets, savings, and individual choice by political control, public spending, regulation, taxation, and monetary intervention.

MMT and the Price Controls That Never Happened

In the well-known show The Office (US), there are a few scenes in which Dwight attempts to introduce his currency, “Schrute bucks,” to his co-workers in hopes that they will do certain things to earn Schrute bucks. Eventually, when Dwight learns that his colleagues are uninterested in earning Schrute bucks, Stanley offers to give him a billion “Stanley nickels” to stop bothering him.